365 Finsight

365 Finsight provides powerful decisioning insights to support loan origination and enables straight-through processing and instant decisioning for all configurable products offerings.

Benefits to the borrower:

• Less Application friction - No paperwork required to be sourced and uploaded, minimum self-declared data input to complete application .

• Higher levels of trust and engagement - Future proofing the lending and decisioning process creates better NPS scores and more long-term customer satisfaction.
• Quicker time to decision - No delay in receiving a credit decision. No secondary engagements or additional input required.
• Lifestyle enrichment - Less friction and quicker decisions free up customers to spend more time on things they like.

Benefits to the lender:

• Quicker time to yes - Using the latest data analytics and insights developed specifically for credit decisioning, loans can be written in seconds rather than days.
• Enhanced customer experience - A low friction customer journey can be offered with minimal data input and no requirements for supporting documentation.
• Lower Operational Cost - A ‘Data First’ approach to lending origination does the heavy lifting for you. Lower operational costs and increased productivity is easily achievable.
• Higher Levels of Decision Accuracy - Analysing actual customer data rather than historical scores or inaccurate self -declared information increases accuracy and personalisation.

Technically, 365 Finsight rules-based application portal has built-in REST API capabilities which facilitate integration with 3-party decisioning and insights engines. The solutions data model is compatible with the Microsoft Cloud for Financial Services industry data model.