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Digital transformation is happening rapidly all around us. The integration of digital technology into various areas is fundamentally changing the way we do business. And the industry that is probably the fastest to adapt to these changes is the financial sector.
Digital transformation is happening rapidly all around us. The integration of digital technology into various areas is fundamentally changing the way we do business. And the industry that is probably the fastest to adapt to these changes is the financial sector.
There are comprehensive changes happening in the banking environment. New distribution models are emerging, customers are adopting new attitudes, and regulations require a focused approach to growth strategies. A necessary ally of successful digital transformation of banks is quality, reliable, and custom banking software.
By implementing the LOS – Loan Origination Solution in AIK Bank, we have demonstrated the value of incorporating good technological innovations into the business. The successful collaboration resulted in an enhanced user experience and enabled their clients to go through the online loan approval process in just a few minutes, without having to go to the nearest branch. The Bank is also saving numerous hours that would otherwise be spent on this process, while also bringing the possibility of increasing the number of clients who seek to obtain the requested loan in a very short time.
It is a solution that fully automates the process of approving a loan application initiated through the eBanking service. This application can download and process customer data from the Core Banking system, request the necessary confirmations, check the fulfillment of conditions, create the best offer, and then automatically generate contract documentation, activate the party, Digital transformation is happening rapidly all around us. The integration of digital technology into various areas is fundamentally changing the way we do business. And the industry that is probably the fastest to adapt to these changes in the financial sector. and transfer the funds to the client’s account.
We are proud of the fact that Comtrade System Integration successfully supported the ambitions of AIK Bank as a market leader in many banking segments and will continue to work on digital transformation and the creation of new automated solutions that improve and accelerate business processes.
