EFS LOS covers all aspects of corporate and retail Loan Origination: Corporate loan origination typically focuses on credit proposals taking into account groups, collaterals, limits and obligator rating. Retail loan origination usually concentrates on multiple channel support, fast processing, use of scorecards and automation to the highest possible extent.

In order to ‘understand the customer’ EFS LOS aggregates all customer data, ratings as well as customer history and specifically for corporate facilities examines all group-related entities and dependencies. EFS LOS fully supports the management of multiple limits and sublimits for companies and group of companies, by providing a holistic view of the entities in terms of existing and currently applying facilities.

The LOS universe is inherently dynamic.

New products are introduced every day, regulations are changing, resources are being shifted and the risk appetite changes. EFS LOS, by incorporating a state of the art BMP engine, offers visual representation and editing capabilities of the process flows, credit policies, approval logic and user interaction forms, accessible over a portal or mobile devices.

Long or short channels? Internet, phone or mobile? EFS LOS is designed to allow multiple contact (branches, partners, intermediaries) and delivery channels (web, phone, mobile device) to be seamlessly integrated in a common environment, offering a consistent experience utilizing the suitable channel for each step of the process (or the campaign) imposed.

EFS LOS provides visual tools in order to setup and manage risk strategies and credit policies. Standard inputs for credit policy decisions include scores, bureau and rating agency data, requested amount, customer segment, origination channel, other loans and facilities, collaterals and, in the case of corporate loans, the balance sheet data. Based on the credit policy accept/ reject decisions are taken, conditional approvals set, approval flows and centers selected.

EFS LOS incorporates a powerful document management module, which supports the storage and the automated template-based generation of all required standardized documentation at any stage of the origination process. Electronic application forms, applicant’s legal proof documentation, financial sheets and statements, notifications, summary statements, formal contracts, all are electronically supported.

Reporting on portfolio, risk and process performance is handled by EFS Analytics and can be delivered by means of dashboards, optimized even for also for tablet access. EFS Analytics provides powerful business intelligence tools to produce comprehensive, highly detailed, real-time reporting on every LOS activity.