“Corporate Lending is a very complex process. The inherent limitations of legacy systems makes it difficult for banks to cope-up with data volume, regulatory changes and customer expectations,” explains Diwakar Nigam of Newgen
Newgen Software Technologies Limited, global name in Business Process Management (BPM), Enterprise Content management (ECM), Customer Communication Management (CCM) and Case Management solutions, will be participating in Fleming’s Middle East Corporate Banking Forum 2017 in Dubai, from September 12- 13, 2017.
Speaking on this participation, Mr. Diwakar Nigam, CEO & MD, Newgen Software Technologies Limited, said, “Corporate Lending is a very complex process. The inherent limitations of legacy systems makes it difficult for banks to cope-up with data volume, regulatory changes and customer expectations.”
He added “Newgen solution for corporate lending is built on top of legacy systems to leverage existing investments while addressing inherent limitations. It is based on robust BPM framework helps in enhancing the process performance through automation and reducing the overall operational costs and creating an agile IT infrastructure“
Mr. Ritesh Varma , Associate VP – Consulting Practice (Europe, ME and Africa), will share insights on how Corporate Credit automation can bring together compliance, operational efficiency and optimisation and visibility under one umbrella & help lenders to mitigate risks, speed-up lending, increase customer satisfaction, and improve process visibility and control, while enhancing profitability. Attend his Session on “The Digital of Corporate Credit Automation” on September 12, 2017 at 11:30AM to get complete insights.
Meet Newgen domain experts at booth at the exhibit area & know more about on how to optimize your corporate lending process & get to know about the new trends that are restructuring the relationship between banks & corporate treasurers such as Transaction Banking, Corporate Lending, Risk, Treasury & Trade Finance.
Newgen’s solution for corporate lending provides a unified platform for multi-channel distributed capture, which allows anytime, anywhere capture of documents using any device. It enables banks to reduce loan origination cycle times, while facilitating sound credit decisions and improved loan documentation. The solution enables streamlined processing, ensuring responsiveness, timeliness and customization in turning around loan applications.