Axe Credit Portal ACP

Axe Credit Portal ACP is a loan origination software designed to streamline credit processes and enhance operational efficiency for banks, credit unions, mortgage lenders, consumer finance companies, and microfinance institutions. According to the vendor, this comprehensive solution automates the entire credit lifecycle, from client onboarding to facility sanctioning, while ensuring compliance with regulations and mitigating risk. With its wide range of features, ACP is said to be suitable for businesses of various sizes in the financial industry.

Key Features

Corporate Lending: According to the vendor, Axe Credit Portal ACP automates and manages the credit lifecycle and follow-up processes, covering origination, appraisal, rating, approval, credit administration, and covenant monitoring. It is claimed to streamline the credit chain from client onboarding to facility sanctioning.

Limit & Collateral Management: The vendor states that this feature allows banks to manage and monitor limits and exposure at a bank-wide level. It interfaces with various source systems to track limits and exposure across banking and trading books. Additionally, it is said to handle the entire collateral lifecycle, including credit initiation, valuation, and management.

Commercial Lending: According to the vendor, Axe Credit Portal ACP automates loans granted to small and medium-sized enterprises (SMEs), streamlining key processes from onboarding to disbursement. It is claimed to optimize the time of relationship managers, underwriters, and portfolio managers.

Collection & Provisioning: This feature is said to manage recovery and collection processes after loan classification and credit events. It handles remedial and litigation actions, capturing required inputs for calculating individual or collective provisions, according to the vendor.

Retail Lending: Axe Credit Portal ACP is claimed to enhance customer satisfaction by fully automating the loan processing from application to disbursement. According to the vendor, it provides workflow and rule engine features for enhanced straight-through processing (STP) capability. Additionally, it includes an eligibility engine, native dedupe functions, and flexible and rule-based document checks and generations.