About company:

LIC Housing Finance Limited (LIC HFL) is one of the largest housing Finance Mortgage loan companies in india having it Registered and corporate office in Mumbai. LIC HFL is a subsidiary company of LIC

Business Need:

LIC Housing Finance was looking for an implementation partner after they have finalized Lending vendor for the implementation

Challenges Faced

Consultant/Vendor with domain expertise who can provide support to implement the new system end to end

Solution Offered:

implementation of pennant application LOS & LMS module is under way. End to end implementation and project execution is being managed by FinTech onsite team at LIC HFL office. Migration from 3i infoTech old legacy system to the new Pennant System

About company:

Axis Finance Limited (AFL) is a Non- Banking Financial Company (NBFC) which provides Wholesale and Retail lending solutions to Corporate and Retail customers respectively across geographies and businesses.

Business Need:

Axis Finance was looking for an implementation partner after they have finalized Lending vendor for the implementation of Pennant Lending Suite.

Challenges Faced

Consultant/vendor with domain expertise who can provide support to implement the new system end to end. To meet implementation timelines. We also supported the go live to same vendor.

Solution Offered:

Implementation of Pennant Application LOS & LMS module. The entire implementation & end to end project execution managed by FinTech onsite team at Axis Finance office. Team FinTech performed end to end execution right from configuration of new system, QC/UAT, Release Management, Pre & Post Go Live, Documentations (BRD, UD, Test Cases, Product & UAT Manual. Our Team also implemented lending platform.

About company:

CCSPL is a Non-Banking Financial Company registered with, and regulated by, the Reserve Bank of India (“RBI”) and is in the business of extending various credit facilities to different types of customers, which include, Partnership Firms, Companies and other Corporate/Legal Entities.

Business Need:

Clix Capital was looking for an implementation partner after they have finalized new Lending vendor for the implementation and data migration from their old legacy system (Indus) to new lending platform (Pennant).

Challenges Faced

Consultant/vendor with domain expertise who can provide support to implement the new system end to end.

Our Team has managed data migration from old legacy system to new lending system.

Solution Offered:

Implemented Pennant application all 3 modules (LOS, LMS & Collection) along with mobile solutions for Lead Management and Collection for their retail loan product’s. Team FinTech also executed the Data Migration from Indus old legacy system to new lending system “Pennant”. FinTech is also providing post go live support on the new Pennant System.

About company:

Electronica Finance Ltd, incorporated in 1990 having its HO in Pune. A pioneer in the field of Machine Finance. After an eventful journey of close to 3 decades, EFL today has more than 200+ branch offices across the country, has served more than 15000 customers and has an AUM in excess of Rs.1500 Crs.

Business Need:

To meet EFL’s future road-map of scaling up of their business volume, LOB’s & Product line offerings to their customer etc. EFL wanted to implement stable and robust digital lending platform to optimize loan processing TAT and improve reporting which was not possible using their existing lending platform “eFIMO”.

Challenges Faced

Consultant with domain expertise who can provide support to implement the new system end to end. Finding the suitable lending product to meet their business requirements to manage various new LOB’s. Data Migration from Old Legacy System to new System and Post Go Live Support

Solution Offered:

Our Team has implemented the new lending platform/system and also Configured of new system (FinnOne neo), QC/UAT, Data Center Setup, Application deployment on UAT and production environment, Release Management, Go Live, Documentation (BRD, UD, Test Cases, Product & UAT Manual and providing post go live support on new lending application (FinnOne Neo). We also executed data migration activities.

About company:

Reliance Home Finance is a registered NBFC with a focus to provide housing loans. Reliance Home Finance loan products are easy to understand and process even simpler. All of this designed to help you upgrade to your new home.

Business Need:

RHF was looking for optimizing the system maintenance cost up to 50% and was looking for a support partner/vendor who can end to end manage their core lending application platform “FinnOne” without any help from OEM with 50% lesser annual maintenance cost.

Challenges Faced

Consultant/vendor with domain expertise who can provide both functional and technical support on FinnOne application.

Vendor who can manage the application (both Frontend & Backend) system independently without any help from Nucleus.

Solution Offered:

Providing end to end support on core lending application (FinnOne) without any help from OEM (Nucleus).