Unified Lending Management (ULM) platform automates all stages of the lending process and makes lending decisions completely digital for both borrowers and lenders. This modular system, provides unprecedented flexibility and a fairly quick time-to-market. ULM, is used as a whole and exceeds the sum of its parts.
Why you need an all-in-one lending management solution
Save your time and energy by fully automating your entire business processes, including credit monitoring, customer relationship management, performing transactions and ID verifications.
Use a unified lending management solution to process applications, manage loans and collect the data you need.
Customer onboarding with AI-powered risk assessment ensures AML & KYC compliance.
This highly configurable platform is specifically designed to suit your business needs.
Easily integrate Compassway with any third-party solutions or data sources.
Market force configurator by Compassway
An advanced and easy-to-use FinTech solution for borrowers and System Integrators
Highly configurable data structure (client data, loans, roles, entities, hierarchy, etc.)
Code-free integrations
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Easy-to-configure message structure XML, BSON, JSON
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REST, SOAP, message queues, webhooks, and so on
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Native SQL, DB2, PSQL, Oracle connectors
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Built-in source control
Working both with individual and corporate loans
Provide different credit products for both corporate and individual clients from an all-in-one platform.
Utilize a user-friendly interface to offer a range of credit products needed for your operation.
Employ a number of credit decisioning rules and credit scoring models developed by top lending experts and driven by advanced Compassway AI.
Organized separate workplaces for each team to perfectly suit your business processes, including credit origination, risk assessment, servicing, and data collection.
New way of doing digital lending
Use System Dashboard to create unique application forms and onboarding experiences designed specifically for different types of clients.
Multi-stage approval process connected with external data sources.
Complex disbursements and repayments .
Complex decisioning.
User-friendly & exceptionally powerful.
Fully configurable.
Nested strategies.
Framework of CompassWay system
CompassWay Integrated Digital Lending Platform is cutting-edge technology enables you to drive innovation and growth your business. The solution built in advanced web technologies, helps automate front-end and back-end processes in order to achieve centralized and smooth processing.
Compassway force flow builder
Highly adjustable business processes, reports, and application forms:
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Manage all aspects of the system with no vendor support;
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Create new processes, workflows, reports, and application forms;
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Introduce changes to workflows, approval procedures, API integrations, and system rules.
Ultimate lending automation solution with no additional coding:
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Compassway force tools are used for all configurations;
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Configuration files are automatically updated on a server;
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Intuitive version control;
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Debugging tools are built-in;
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Enhanced security features, managing access permissions.
WHAT CUSTOMERS SAY
We used to have an older system that required more than a day to update or deploy a new risk model. In addition, credit decisions were slow. We estimated we were losing 15% of customers due to abandoned applications. For millennials, who are now a majority of our clients, responsiveness and convenience are key for lending services.
We implemented an end-to-end digital lending platform offered by CompassWay and it allowed to significantly improve customer retention. Up-to-date risk models also mean lower defaults rate and improved profitability. The system is easy to work with in case we need to add new clients or product types. We also received excellent customer support from CompassWay team. Overall very satisfied with the upgrade decision.
Denis Bobrov, CFO of CreditUP