A Major Thai Bank

Stream recommended and implemented Loans Origination System by using Lotus Notes as the Departmental Workflow Engine.

Project started as the Mortgage loans origination and turned into Consumer loans origination covering several products included Bangkok loans and Upcountry loans Approval.

The solution has been enhanced through time to handle users new requirements and to give user more flexibility to introduce several loan packages to respond to the market movement.

This Loans Origination is now handling all Consumer and small Corporate Loan entirely for this client.

Streams Roles and Responsibilities

Stream was responsible for the project management, interfaces development, fine-tuning the system and provided Business Consultant to the bank.

Stream currently handles all enhancements, includes new Core banking Interfaces, CIF interfaces, Credit Bureau Interfaces and Oracle Report Interface Systems and applications maintenance of this Loans Origination System for the client.

Benefits

The bank was the first Thai bank to centralize and streamline consumer loans approval process. The process meets regulatory and audit approval while providing the launch pad for the bank to aggressively expand its consumer lending marketing activities. The loans center now caters to over 100 loans approval workstations.

With the implementation of the new processes, the bank has better credit risk management and lower of operations for consumer loans processing. The large new facilities enable the bank to maintain its position as the leader in quality consumer lending in Thailand.