BusinessBANKER Reviews & Product Details

BusinessBANKER, from Cognitive Group, is a scalable cloud-based Loan Origination Solution. It is built for simplicity, efficiency, affordability, and easy integration into existing Core banking, CRM, and ERP systems. BusinessBANKER is designed to replace cumbersome, outdated or overly complex loan and credit origination systems by streamlining the entire loan process. It offers a robust platform for efficient document management, collateral tracking, risk scoring, compliance, and workflow automation. BusinessBANKER boosts employee productivity because of its one-screen process that has been designed through a unique scientific cognitive engineering approach and AI-driven automations. BusinessBANKER comes with editable in-branch employee as well as web and mobile customer self-service interfaces. The ergonomic and intuitive interfaces allow users to produce complex credit applications in less than 5 minutes. BusinessBANKER includes 5 core modules: DIGITAL INTERFACE MANAGER: fully configurable, includes validation rules and checklists to ensure all necessary information is entered. RISK MODEL MANAGER: guides variable selection and evaluates the likelihood of default. DECISION ENGINE: sets minimum acceptance criteria , determines conditions for decision-making committees. WORKFLOW MANAGER: determines decision-making processes , track the involvement and authorizations of staff and AI agents. CONFIGURATOR: allows to add fields, specify the design, themes, images for the web interface. Additional modules are also available. KEY FEATURES: -Risk scoring -Compliance and regulatory management -Optimized flexibility that adapts to your bank -Automated workflow -Mobile responsive -Document management -Analytics and reporting -Covenants -Collateral management -Risk scoring -Auto decision and AI -Rapid deployment: Can be up and running in a couple of weeks KEY CAPABILITIES: ONLINE APPLICATIONS: With BusinessBANKER, a self-service loan application can be completed by the client online, scored, and pre-approved. Our FastTrack solution can also be used by any bank employee to increase sales. Streamlined risk models are easily adjusted to pre-approve any product or business line. INTEGRATION AND CRM BusinessBANKER integrates with major Customer Relationship Management (CRM) solutions, such as Salesforce, Microsoft and Oracle as well as loan administration systems and other core banking systems such as MAMBU, Sopra, Flexcube or Orion. Housing customer and loan information in one database allows organizations to have streamlined access to critical business intelligence (BI), management and regulatory reporting. REPORTS AND DASHBOARDS We enable organizations to run customizable reports and dashboards in real-time. These tools can identify new business opportunities, lead generation, marketing insight, proactive customer support and the opportunity to build long-term, profitable customer relationships. Reports and dashboards centralize data from a financial institution’s core and other siloed systems into compelling visuals to improve data presentation and usability. COMPLIANCE AND REGULATORY REQUIREMENTS BusinessBANKER helps financial institutions effectively manage internal audit, risk control, and regulatory compliance reporting. The system integrates with core accounting systems and loan administration to centralize data and provide enterprise access to the information through detailed reporting. ANALYTICS AND RISK BusinessBANKER provides tools for analyzing, measuring and managing credit risk, at every level from client to an enterprise. The Spread, Auto Decision and Risk Rating functions enable enhanced risk management across the organization using consistent methodologies, models and data. COVENANTS Our covenants monitoring trigger in real-time an alert of breach or Early Warning Signals (EWS). The monitoring and management of covenants during the approval process and throughout the life of the loan become a beneficial activity. For example, a quarterly monitoring covenant allows automating renewal and small increases. It allows you to be proactive and react before it is too late. The digital access allows clients to send, or upload their information directly. RISK RATING Our risk rating methodology allows custom risk models that are unique to various loan segments and product types: retail, high net worth, commercial or small business. Loan portfolios are aggregated systematically with statistical analysis to allow comparison with the initial risk model. Adjustments can be made based on the drift from the original assumptions. COLLATERAL MANAGEMENT Our Collateral Management System is integrated into the loan origination process and allows assets to be associated directly with the specific loan, where they can be viewed and managed. Expiration and changes in the status of the collateral will trigger alerts within the system.