Phy-gital Roundtable: Breakfast Roundup from Germany and Netherlands

02 May '15 | Debjyoti Paul

German Shoppers: Meet Them in the Fast Lane to Phy-gital

15 January '15 | Ralf Reich

Shoppers Will Share Personal Information (But They Don’t Want to be “Friends”)

15 January '15 | Anil Venkat

Modernize or Perish: Property and Casualty Insurers and IT Solutions

14 January '15 | Manesh Rajendran

Benelux Reaches the Phy-gital Tipping Point: Omnichannel Readiness is Crucial

13 January '15 | Anil Gandharve

The New Omnichannel Dynamic: Finding Core Principles Across Industries

13 January '15 | Debjyoti Paul

Technology does not disrupt business – CIO day 2014 Roundup

02 December '14 | Anshuman Singh

Apple Pay – The Best Is Yet To Come

02 December '14 | Indy Sawhney

Digital transformation is a business transformation enabled by technology

01 December '14 | Amit Varma

3 Stages of FATCA Testing and Quality Assurance

06 October '14 | Raman Suprajarama

3 Reasons why Apple Pay could dominate the payments space

18 September '14 | Gaurav Johri

Beacon of Hope: Serving Growth and Customer Satisfaction

05 August '14 | Debjyoti Paul

The Dos and Don’ts of Emerging Technologies Like iBeacon

30 July '14 | Debjyoti Paul

What You Sold Us On – eCommerce Award Finalist Selections

17 July '14 | Anshuman Singh

3 Steps to Getting Started with Microsoft Azure Cloud Services

04 June '14 | Koushik Ramani

8 Steps to Building a Successful Self Service Portal

03 June '14 | Giridhar LV

Innovation outsourced – a myth or a mirage or a truth staring at us?

13 January '14 | Ramesh Hosahalli

What does a mobile user want?

03 January '14 | Gopikrishna Aravindan

A transformational and non-linear BPM based corporate loan origination process

Posted on: 12 June '13

In our introductory blog on this topic, we discussed that re-engineering your loan origination and loan approval processes can seem like a daunting task; and a well thought out methodology that helps you work with a transformation roadmap in mind is a feasible option.

In our white paper titled “Options for process automation of corporate loan approvals” we introduced that tremendous gains can be realized by thinking of a non-linear process.

Some overall considerations for the transformation include:

  1. Moving away from monolithic solution
    Most organizations are evaluating this option. The things needed are an architectural blueprint and a quick start guide to the solution requirements.
  2. Moving towards a BPM based solution
    This approach provides the right level of flexibility in a world where business requirements, regulatory needs and business intelligence needs constantly change.

Some benefits of thinking about your solution in this way include:

  • Improved TAT
  • Enabling stakeholders to focus on and perform their core responsibilities better (e.g., RMs or relationship managers can focus on customer relationship and sales)
  • Encapsulating the technology complexity behind well thought out interfaces
  • Ability to model variations in processes without compromising the sanctity of the underlying process

Read our white paper titled “Options for process automation of corporate loan approvals” to learn more. Meanwhile, please share your thoughts on this blog.

Shobhit Mathur

Shobhit heads the Banking CoE and is responsible for Domain Enablement, Sales Support and Solutioning. He has global responsibility for pre-sales activities for both new client acquisition and expansion in existing accounts. He spearheads various internal competency and IP development initiatives.