success story

Defining the future of corporate lending

Conversational credit initiation interface for RMs/WRMs
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the objective

Streamline and modernize corporate credit initiation for RMs because of the following pain points:

  • Fragmented systems and manual workflows led to delays and inefficiencies
  • RMs had to switch across tools for document review, financial analysis, and proposal creation
  • Lack of a guided, unified experience impacted accuracy and turnaround time
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the solution

Nagarro developed a conversational AI platform powered by NIA to transform the credit initiation journey.

  • Designed a chat-based interface to guide RMs through the end-to-end credit initiation process
  • Unified platform for document upload, client validation, financial spreading, analysis, and proposal submission
  • Enabled document intelligence for automated extraction and review of financial data
  • Built-in financial analysis and projection capabilities for faster decision-making
  • Incorporated human-in-the-loop workflows to ensure control and compliancBu Delivered the solution in 3 weeks (vs. 6 weeks planned)
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the outcome
  • 80% reduction in credit initiation turnaround time through automation and guided workflows
  • Improved RM productivity by 200% with a single unified interface
  • Enhanced accuracy and consistency in credit proposals