Case Study: Asian Financial Organization achieves greater efficiency and automation with Newgen Software

Driving Efficiency with a Low-Code Credit Origination System

Asian Financial Organization’s wealth management division was struggling with a heavily manual credit application process that slowed approvals, weakened data integrity, and limited scalability across products. To modernize its lending operations, the organization worked with Newgen Software and Synpulse to implement Newgen’s low-code credit origination system.

Newgen Software delivered a phased rollout of the system across multiple credit products, creating a one-stop interface for application creation, assessment, review, and monitoring. The solution automated 94% of new and amended credit applications, automated 95% of inputs in the manual form, and extracted 100% of data points from the core banking system, driving major time savings, higher productivity, and centralized tracking for ongoing credit monitoring.