Quick Lending through Infosys Common Loan Origination System - i CLO

As Lenders you are confronted with a variety of difficult challenges in the lending business such as rising operational expenses, inconsistent
credit decisions, increasing regulatory cost, lengthy product development, no consolidated client view, no dedicated loan origination system
for different point-of-sale applications; all of which impacts the competitiveness of your organization.
You help customers make vital decisions about their financial lending commitments but todays customers have a range of options to
choose from in a limited portion of time; therefore you need to be proactive and provide value added lending products with optimal rates,
automated underwriting, quick loan processing and risk-free closing.

Infosys CLO gives you Speed, Ease of use, Cost Savings and High Productivity
Infosys offers an integrated
lending platform that
supports multiple Lines of
Business (LOBs) including
Mortgages, Auto, Personal
& Student Loans. The
Infosys Common Loan
Origination (iCLO) system
is a comprehensive,
efficient and highly
scalable loan origination
system, which improves
the speed and accuracy
in processing loan
applications. It lets you
perform your day to day
functions optimally while
strictly and efficiently
enforcing government
regulatory policies
and fulfilling all your
disclosure requirements
with dashboard reporting.

Flexible Lead Management system with scenario evaluator

Supports advance products like Balloon, GEM, GPM and Options

i CLO

New product offering through Configurable Templates

Product Fitment and Real time multi dimensional pricing
Loan Processing, Document Management and Imaging system

Salient
Product Features

Customized risk scoring models

Rule and Artificial Intelligence (AI) based Credit Decisioning
Integration with wide range of third party service providers
Highly configurable custom Rule based Fee Engine
Highly customizable, scalable and robust technology architecture
Student Loans
Personal Loans
Auto Loans
Home Loans

Web Interface
Lead Management

Direct Channels

Lead Segmentation
Borrower assessment &
Scenario selection

Retail Office
Banks Website

Decision Engine

Rule Based policies

implementation
Iterative product fitment
Artificial Intelligence (AI)
based Decisioning

Indirect Channels
Brokers
Partner FIs

Product & Pricing Engine

Template based products
IR, MI, EMI Calculations
Rate Adjusters
Amortization Schedules

Document Management
and Imaging System
Borrowers document
repository
Document tracking
Package generation

CLO Output

I
N
T
E
R
F
A
C
E
S

Infosys CLO Workflow & Framework

iCLO has a service oriented and modular architecture with flexible deployment options
Lead
Management

Data Capture
Validation

Product
Offering and
Pricing

Policy Engine
and Product
Fitment

Loan
Underwriting
and Decisioning

Loan Closing
and Funding

Post Closing

Credit Bureau

Credit Rating
Agencies

Latest Prices
in Market

Third Party Agencies

Underwriters

Automated
Underwriters

Valuators
Verification of
Deposits

Sent for
Loan Servicing

Valuation Agencies
Banks

Bank / Third Party

Loan Servicing System

 iCLO manages and provides browser based access to all aspects of loan origination
process, starting from importing leads from external sources, automatically
segmenting them into tiers based on their risk profiles, identifying fraudulent
applications, product and program fitment, dynamic pricing and locking rates, loan
processing, automated rule based underwriting and credit decisioning, document
management, loan closing and funding to passing data to loan servicing system.
iCLO offers new product creation functionality through its easy to create product
templates along with different tools and calculators to help customer make correct
financial decisions. Therefore, time to market new products decreases significantly.

SaaS Model

Technology

iCLO
Product Offering

People

iCLO is an end to end loan origination platform. Starting from a product that can
be tailor-made to suit your requirements, Infosys leverages its pool of experienced
resources to implement the customized product and handle operations in SAAS
model.

Process

iCLO is built on open industry standard frameworks like J2EE; scales well and can
handle large volume effortlessly. Its service oriented, multi-layered architecture
allows flexibility in deployment. Its integration layer is built using industry standards like MISMO and can integrate seamlessly with
various third party vendors.

Complete Regulatory Compliance

Infosys iCLO offers you full necessary regulatory support in order to keep your organization in tandem with various government
regulations. It captures the required data, process it and generates various compliance packages for reporting purposes, which are
compliant with following regulations:
Home Mortgage Disclosure Act (HMDA)

Equal Credit Opportunity Act (ECOA) or Regulation B

Real Estate Settlement Procedures Act (RESPA) Or

Regulation Z

Truth in Lending Act (TILA)

Allied Offerings that help you leverage IT better

Business Consulting

Technology Consulting

Provides you with strategic

differentiation and operational
superiority, assessments,
proprietary industry analyses
& projects structured around
beating the competition

We work with you to develop

implementable architecture
solutions that help you
leverage technology to enable
business strategy. Our solution
helps you achieve a balance
between IT Effectiveness and
business innovation.

Application
Development

Independent Testing &

Validation Services

Helps you develop turnkey

solutions with a faster time
to market and a lower Total
Cost of Ownership. The
service ranges from building
a business case to assessing
portfolio to designing
solutions to building and
implementing the solution.

Helps you reduce defects in all

the SDLC stages. Our testing
skills, ROI-based validation
strategies, risk-based test
effort optimization, increased
productivity through
automation and end-to-end
testing solutions ensure timely
delivery and lowered TCO.

For more information, contact askus@infosys.com | FinancialSolutions@infosys.com