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Loan Origination
Access your customers’ financial data digitally to radically
simplify the loan application experience and significantly
reduce the time to provide your customer with a lending decision
Rapidly extract customers financials to revolutionize the lending journey, reduce operational cost and reduce time-to-decision.
Validis DataShare provides you with a standardized view of your customers financial information, providing you with deeper insights, ability to make smarter risk based decisions and an experience you can be proud of.
Your customers can seamlessly provide you with ‘real-time’ financial information. This removes the timely task of gathering all relevant data to support their loan application
Your Relationship Managers and Risks teams will be provided with your customers information in a standardised format, no matter the customer type or size, within minutes of connecting to Validis.
We support the origination journey for all products, from merchant on-boarding, solving short-term working capital needs via invoice finance to credit cards and longer term lending, Validis Datashare plays a key part in your digital transformation as you look to use data to deliver an enhanced customer experience while making smarter risk decisions; our product delivers significant value to underwriters, relationship managers and credit risk teams as well as your customers.
Digitally gathering clients financial data simplifies the process and cuts weeks off the loan application. Underwriting and analyst teams receive clean, consistent, formatted data regardless of the accounting system it came from. Validis gives the lender and borrower a unique digital experience, enabling automation in spreading. It also allowes analysts to focus on analysis and value driven insights.
Why use DataShare for Loan Origination?
Radically reduce the time it takes to process a loan
Digital extraction replaces manual data preparation
Depth of data enhances customer insight
Digital-first approach for a great client journey
Dramatically reduce time to decision for your customers; delivering a true digital experience and most importantly a successful outcome for your customers.
Our unique dashboard combining the accounting data with our leading analytics capabilities, delivers powerful insight into the health of the business being assessed and a high level of confidence that the decision being taken is the right one for your risk appetite.
Solution features
Reduce time to decision
Drastically reduce the “time to decision” and “time to cash” by obtaining financial information standardized within minutes. Lenders are leveraging technology from Validis to simplify the journey for the customer, while seeing a reduction in end-to-end application time, improvement in risk management and operational efficiency.
Receive the data in a standardized format no matter the entity type, size or source accounting package, allowing you to:
- Interpret the SMEs health at a glance
- Access all key financial ratios to support the credit application
- Increase success in your loan application approval rate by accessing real time and detailed financial information
- Measure risk consistently across your broader customer portfolio
- Interpret the SMEs health at a glance
- Access all key financial ratios to support the credit application
- Increase success in your loan application approval rate by accessing real time and detailed financial information
- Measure risk consistently across your broader customer portfolio
Get a better view of risk
Detailed financial data combined with our industry leading insights dashboard powers your risk processes and offers invaluable insight into the financial management of your client. At the same time supporting dynamic risk based pricing informed by full financials; enabling you to better manage risk as you on board new clients and grow revenue. Flag Fraud at the on-boarding stage and continue to monitor the health of the business on-going; easily verifying whether or not they’re operating in line with agreed covenants.
Enhance the customer journey
Your clients benefit from a slick, digital journey that provides quicker decisions and quicker time to decision as well as insights about their business they might not have known. Connecting directly to a borrowers accounting system reduces the need for applicants to spend valuable time consolidating data, creating & exporting reports across multiple years and emailing/faxing/uploading to decision makers. All of this dramatically reduces the time spent on admin, delivering proven improvements in end customer satisfaction scores combined leading to increased loyalty and retention and in the long term.
Improve Operational Efficiency
Your relationship managers, underwriters and credit teams spend less time on creating reports; Validis Datashare automates the creation of valuable insight enabling your teams to spend more time with their customers holding value driven conversations, deepening relationships and helping business grow and expand in line with their needs. Our case studies show over 30% time saved for underwriters during the decision-making process across Invoice Finance and term lending.
Right Product, Right Time
Better understand your customers financial needs through our powerful insight dashboards at the point of application, establishing a value driven conversation with the borrower to ensure they receive the right product at the right time for their business.
Standalone portal or API
Validis Datashare can be used standalone through our online, easy-to use portal which can have you up and running within a matter of days. Alternatively, leveraging Validis API’s or pre-built integrations to market leading loan origination and spreading tools systems such as Baker Hill, nCino or ablsoft delivers a digital experience for underwriters and relationship managers alike.