LOAN MANAGER

  • Our engagement
    till date

  • 800,000+

    Trades Processed daily

  • 350,000+

    KYC refreshes processed annually

  • ~30,000

    OTC confirmations drafted Per month

Eclerx’s Loan Manager is a common platform for any participant to consume syndicate deal data

Reduce deal creation time for multi-customer deals and Operational costs per deal. Digitization process instils Automated Extraction of the legal data using Natural Language Processing. maker-checker workflow & Highlighting feature to display the captured data thus achieving highest efficiency & accuracy of capture with maximum reduction in cost & minimal user dependency.

Keywords:
compliance

With Loan Manager, you get

  • Flexibility

    Functionality to create rules to extract information from source documents.

    Flexibility
  • Automation

    Automation

    Optical character recognition converts scanned images to text via automated extraction and capture by selection a part of the image.

  • Intelligent Search

    Perform intelligent search on OCR'ed documents with a feature to highlight searched text in the result docs.

    Intelligent Search
  • Dashboards

    Dashboards

    Operational Metrics for better control and governance. Drill through reports are available to perform various analysis and track SLAs.

CHALLENGES

Some of the key challenges faced by our clients:

  • 1.

    Industry trying to standardize Credit Agreements:
    a Challenge due to Inherent Market Structure.

  • 2.

    Loan Documents Structures:
    The loan document structure needs to be tailored to the specific industry of the borrower, which can be a complex and time-consuming process.

  • 3.

    Multiple Law firms engaged per deal, and Multiple legal firms per bank:
    Adds to the cost and complexity of the transaction, and make it difficult to coordinate the review and approval of loan documents

  • 4.

    Non-Transactional Nature of Deal:
    Loan transactions are typically not as transactional as stock trades, which makes it more difficult to automate the loan origination process

  • 5.

    Regulatory pressure to reduce settlement timelines:
    by using process & technology.

Collaborative relationship business without a true collaborative platform!

Harnessing Automation and Machine learning for cost reduction & Minimal User dependency.

SOLUTIONS

01 SIMPLIFIED DATA CAPTURE

eClerx to capture the Syndicate deal data once - using Public to Syndicate Docs from customers.

02 DATA DIGITISATION WITH MACHINE LEARNING

Loan Deal data digitized using Machine Learning Model on platform - to be available for customers to review / consume within agreed SLAs.

03 FASTER DEAL CREATION

Mutualisation benefit to reduce deal creation time by 80% for multi-customer deals.

04 HASSLE FREE POST DIGITISATION EXPERIENCE

Control - Public to syndicate data fields agreed during setup for smooth transfer post digitization to market.

05 FASTER SETTLEMENT

Utility model to lead to significant drop in settlement timelines for Industry.

loan managerSERVICES

Rule Configuration

Customized data model for each product.

  • Functionality to create rules to extract information from source documents.

Workflow Integration

Integrated multi-level manual review via a maker-checker workflow to enrich captured values to improve completeness and accuracy.

  • Auto segregation of all electronic trades based on trade broker and exchange mapping.
  • Improve output quality by added audit checkpoints along with centralized queue management controls.

Point and Capture

Ability to point to specific area in the document and convert it into text.

  • Sophisticated data entry forms that help capture complex data models with hundreds of fields in nested sections from compound documents.

CASE STUDIES

View All
  • Strategic Change management

    Transforming Syndicated Loans Credit Agreement Management with eClerx DocIntel

    Revenue output reached $.5M

    Explore More
  • Operation Accelerators

    Transforming Client Lifecycle Management with eClerx Compliance Manager

    Revenue projection increased by 112% in the first 2 fiscals

    Explore More
  • Strategic Change management

    IT Data Transformation
    and Migration for an IT Major

    Savings delivered: $5M per annum

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