Turnkey Lender (tklender)

The Scorto company announced in the fall of 2014 release on the Russian market of the latest "turnkey" ready-made solution for microfinance institutions - "cloud" service Turnkey Lender (tklender).

tklender – result of 10 years' experience of Scorto company in the field of credit risk management and process automation in financial institutions. This only solution which is necessary for your organization for conducting credit business as it automates and supports all cycle of life of a loan: from processing of the credit request before debt collection and preparation of reports.

The tklender is the main difference and indisputable advantage of a system the built-in system of internal credit scoring (from expert skorkarty) and the configured rules of decision making. It allows completely (or at will – partially) to automate decision making about credit requests with automatic obtaining reports from the Bureau of Credit Histories (BCH) and automatic evaluation of solvency of the borrower.

A system a tklender is simple in use and does not require special training of personnel. The user interface is convenient for perception and provides all information on borrowers, including the report from BKI, in easily readable type.

All reports on indicators of the loan portfolio, employee performance and accuracy of work of a skorkarta are updated in real time and allow heads to make operational decisions on management of credit policy.

Dmitry Krivonosov, the director R&D, comments: "We created our software for the organizations which want to use the newest technologies of credit risk management, but are not able to afford the expensive solutions used in banks. We enclosed all our long-term experience in this sphere in a tklender and received the available solution at the price meeting the most modern requirements to banking technologies. Our clients get huge competitive advantage, increasing the volume of the processed requests, cutting unwanted borrowers, increasing profitability of the loan portfolio and having full control on all business processes".

A system a tklender has flexible modular structure and the following set of jobs:

• creation of new requests (independent giving by the client or design by the specialist of the organization);
• service and decision making according to the transaction (underwriting);
• maintenance of the credit (functionality of CRM), restructuring;
• debt collection;
• reporting;
• administration of a system.

Besides, the tklender has the block of special rules for prevention of possible fraud, including configured "black lists", check of phone, the address and other.

the tklender can effectively be used not only in IFI, but also in consumer crediting, activity of credit unions, small and medium banks, retail networks, online stores and pawnshops.

In the first months of use a system allows to achieve the following notable results:

• increase in speed of decision making;
• decrease in credit risks and operating costs;
• gain of the customer base thanks to connection of both sales channels (offline, online) and increase in volume of the processed requests;
• quality improvement of customer service and level of their loyalty;
• comprehensive control over business processes.