Loan Automation - Hyper Automation Lending Framework

Lending market continues to grow as consumers and businesses need capital and liquidity to manage their financial needs and priorities. Considering the recent pandemic, governments across the world continue to provide stimulus to individuals and businesses through massive lending programs that is further growing this business. However, the lending value chain is plagued by legacy systems, siloed operations, ever changing regulations and broken processes leading to poor experience and high operational costs , which directly impact customer experiences The ever-changing customer expectations is forcing banks and financial institutions to shift from a traditional to a digital lending culture with increasing emphasis on reduction of loan processing time. Thus, there is increasing need to bring in agile product innovation, enable zero touch interactions by reimagining digital experiences and channels strategy, and plug the value leakages in the lending value chain. So far siloed automation interventions have been effective for addressing near-term challenges and gap-fixes. However, an integrated automation approach is needed to provide exponential business value and ensure sustainable operations that are future-ready and resilient. This approach of hyper-automation requires orchestration of multiple digital technology components that are composable and aligned toward meeting business priorities. In this webinar, our guest speakers from Everest Group will join Aspire Systems expert Anand Subramaniam, Head of Artificial Intelligence, Aspire Systems to discuss a framework for building a resilient and sustainable digital operating model for lending by leveraging hyper-automation. Guest Speakers: •Ronak Doshi, Vice President, Everest Group •Kriti Gupta, Senior Analyst, Everest Group