HES FinTech
16 Case Studies
A HES FinTech Case Study
ALM Securities, an Icelandic security company founded in 2009, had been managing fixed-income asset and liability transactions in Excel for years. As the business grew, manual data entry became increasingly time-consuming and error-prone, so the company turned to HES FinTech and its HES LoanBox platform to automate and streamline its lending and securities workflow.
HES FinTech delivered a fully customized, cloud-based securities transaction management system that automated interest calculations, payment processing, reporting, and rate synchronization, while integrating with accounting systems, banks, CreditInfo, and market rate sources. The result was a working platform delivered in 6 months, enabling 100% digital loan processing, reducing manual work and errors, and improving operational efficiency for ALM Securities.
Hjortur H. Jonsson
Partner