Juris Credit 2018-05-03T19:31:34+00:00

Juris Credit is a credit risk management solution with embedded BPM workflow that is proven to help Financial Institutions such as banks and insurance companies streamline their credit administration process and minimize credit risk. Juris Credit’s collaboration framework ties different involved parties together. It makes sure that every step is performed correctly, with a workflow that works, and checklists that ensure that nothing is overlooked. No stone is left unturned with Juris Credit to help your operations achieve optimum efficiency and effectiveness. Coupled with Mindcraft, our prescriptive analytics AI, Juris Credit can use data mining and machine learning to provide early warning (upto 6 months ahead) regarding rogue and delinquent customers.

Juris Credit functionalities are segregated into three layers. These layers combine together to make an ideal essence that highlights the importance of the system, aligned to the business process. The three layers are explained below:

Service Layer

This is the core engine for Juris Credit where it allows users to configure work flows. The configurable work flow feature will allow the Bank to choose different work flow options for different types of financial products that are being granted. Different sets of business rules and validation are easily configurable within Juris’ credit risk management software without programming. The work flow configuration can be assigned to specific user groups and the system admin will control the user access for each of these groups.

Channel Layer

It is a communication layer that allows Bank’s users and third parties business users to communicate within one single collaborative platform, i.e. Juris Credit, using multiple communication channels such as web portal, SMS, faxes and e-mail. Juris Credit’s Channel Layer also has integrated APIs that connect to different systems involved in credit administration.

Presentation Layer

It is Juris Credit users’ interaction layer that allows business users to have access to the screens, alerts and messages. All interactions are through a web-based collaboration portal that ties all parties such as Bankers and Lawyers together. Also, Juris’ credit risk management software has a knowledge base that allows business users to have a document repository for standard document templates.

With Juris’ credit risk management software, workflow and due dates can be defined for all parties in the loan administration process. Also, all activities performed are collaborated under one single platform. With such a powerful framework in place, Financial Institutions can rest assured that turn-around-times for every milestone is tracked, performance in all level of service delivery is monitored and all interaction between parties involved recorded. This ensures that the Financial Institution’s best practices are followed, thus paving the way to greater operational transparency and efficiency.

Juris Credit has proven to help Financial Institutions to accelerate loan administration process by eliminating unnecessary process and enhance productivity by automating areas of critical paths. With Juris Credit, operational cost and resources that are needed to manage loan administration can be greatly reduced and you can rest assured that revenue leaks due to inefficient loan disbursement are avoided.

Juris Credit Advantage

  1. AI assisted data mining and early warning system that boasts 80% accuracy when it comes to identifying delinquent customers
  2. Provide a single platform for both internal and external parties involved in loan administration process to empower management tracking, reporting and monitoring
  3. Achieve greater revenue acceleration by increasing operational efficiency and eliminating process bottle-necks and unnecessary manual work
  4. Juris Credit’s Productivity Manager provides great flexibility for users to design the optimum service level agreement
  5. Ability to be multi-tenanted to extend the usability of Juris Credit to other departments and operations
  6. User definable workflow with integrated item checklist provides process owners great flexibility to create and amend the optimum process flow without IT intervention
  7. Private cloud facility to centralize document management and repository for end-users to generate documents based configured templates, store and retrieve documents at anytime, from anywhere.
  8. Embedded Chaser Module for end-users to raise alarm to relevant parties when process bottle-necks are encountered
  9. Designed to integrated with built in 3rd party APIs to enable seamless integration with core banking and origination systems

Empowering Process

Provide a single platform for both internal and external parties involved in loan administration process to empower management tracking, reporting and monitoring.

Greater Revenue Acceleration

Achieve greater revenue acceleration by increasing operational efficiency and eliminating process bottle-necks and unnecessary manual work.

Design Service Level Agreement

Juris Credit’s Productivity Manager provides great flexibility for users to design the optimum service level agreement

Multi-tenanted

Ability to be multi-tenanted to extend the usability of Juris Credit to other departments and operations

Definable workflow with Checklist

User definable workflow with integrated item checklist provides process owners great flexibility to create and amend the optimum process flow without IT intervention.

Cloud System for Document Managment

Private? cloud facility to centralize document management and repository for end-users to generate documents based configured templates, store and retrieve documents at anytime, from anywhere.

Alarm System

Embedded Chaser Module for end-users to raise alarm to relevant parties when process bottle-necks are encountered.

Integration

Designed to integrated with built in 3rd party APIs to enable seamless integration with core banking and origination systems.