Success Story Financial Services
Automation of a Leading Financial Services Provider’s Credit Application Submission Process Across Platforms
A leading financial services company needed to consolidate its credit application submission process.
This required automating the credit application credit investigation, credit analysis, and the credit decision with documentation and reporting across their website, external systems and their-party consumer websites and vendors.
At the close of the project, Apexon was able to deliver the following features and upgrades:
Aside from the challenges associated with automating the whole process, Apexon specialists discovered that:
Selecting Appropriate Interfaces We needed to interface with external systems (like Route#1, DSP (DLR Track) and third-party consumer websites) and vendors in order to complete any decision credit applications
Documentation & Reporting The client needed a credit application credit investigation, credit analysis, and the credit decision with documentation and reporting
Integrating Existing MBFS Websites The new system needed to get integrated with the existing MBFS websites
We implemented the following solution to meet the customer’s requirement of consolidating the credit application submission process:
Consolidation of credit application submission process (MBAdvantage, B2C, B2B,) and decision status into single channel communication with host system
Integration of commercial account, OFAC, critical account lookup/review process, and MBUSA enterprise pricing for all Mercedes Benz Cars with options
Ab Initio, Cognos 10/8.4/7.3 Bi Suite, DB2, Unix, Linux, AIX, and Teradata were used to develop the solution
Seamless integration of dealer track into automated credit evaluation and approval system
