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The platform - functions

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Q-Lana is a very comprehensive, fully configurable, easy-to-use digital banking
platform. Q-Lana is based on low-code technology, using microservices and APIs.
It is flexible to adjust to the specific needs of your institution:

Flexible product-specific cycle workflow management, including human and/or rules driven decision making, document management, decision support and documentation
Knowledge Management using contextual intelligence
Connectivity with Core Banking Software and external partners through APIs
Advanced risk monitoring and portfolio management, in-depth analysis of portfolio trends as well as risk- and portfolio management of credit risk exposures

Functions

Contact Management

  • Contact information for individuals, including KYC/AML review, with the ability to reference external information providers such as credit bureaus.
  • Credit risk assessment based on demographic and financial information, such as personal income and expenses, and external credit scores. Ability to calculate and visualize family level financial statements and exposures.
  • Tracking of business and personal relationships across the platform, including family ties, employment, and shareholdings.
  • Fully configurable rating and scoring tool using qualitative/quantitative information.
  • Tracking of ESG/Impact Information.
  • Configurable checklists to drive a broad range of information used for marketing or risk management.

Company Management

  • Company information, including sector classification, categorization, background, and external reference checks, multi-level tracking of governance structure, including KYC/AML checks of Ultimate Beneficial Owners (UBOs).
  • Tracking of business and personal relationships with customers, employees, suppliers, and shareholders. Ability to visualize group information and exposure.
  • Detailed company analysis, based on qualitative and quantitative information about products, suppliers, customers, competitors, and management.
  • Financial statement analysis, including ratio analysis of either preset or configured ratios. Assessment based on sector and regional benchmarks.
  • Forecasting models based on sector-specific criteria. Data can be uploaded from spreadsheet templates or filled in manually.
  • Structured risk assessment and comparison based on sector and historic comparison, using standard risk classifications.
  • Ability to compare companies across sectors to understand differences in business models and risk profiles.

Rating and Scoring Module

  • Detailed rating tool based on statistical and heuristic modules, combined with knock out criteria, feeding internal and external data as well as manual input information.
  • Apply multiple versions of the rating and scoring module, based on specific requirements (new client assessment, decision support , monitoring rating).
  • Fully configurable based on specific data available for an institution, calibratable over time.
  • Full support through Q-Lana’s risk advisory team to develop proprietary scoring models for your institution.

Facility/Loan Information

  • Tracking of all relevant information for facilities, including loan amount, type, terms and fees as well as specific conditions.
  • Detailed payment plans based on multi-currency exposures.
  • Performance tracking under the loan agreement, including covenant monitoring.
  • Open banking analysis of loan exposures and cash management across institutions if available in the specific target country.
  • Configurable pre-disbursement checks and data quality control.

Monitoring and Early Warning System

  • Sophisticated covenant management and tracking of internal and external, financial and non-financial covenants.
  • Qualitative and quantitative monitoring of credit risk, based on automated data analysis or manual reviews.
  • Monitoring frequency based on criteria such as rating/exposure size or watchlist.
  • Multilayer reporting based on facility, borrower, and group exposures.
  • Potential integration of collection and special servicing activities.
  • Reminders for loan officers about monitoring activities. Knowledge sharing across your team about specific risk trends and observations.

Integration with internal and external systems

  • Thanks to the open API structure, easy information sharing with core banking systems and other data providers.
  • External portal to allow online loan application and submission of information.

Collateral Management

  • Tracking of collateral information (location, conditions, registration documents).
  • Support of active collateral management including monitoring and valuation, haircuts based
    on collateral type.
  • Document management and monitoring tools/dashboard.
  • Flexible association of collateral with one or more loan facilities.
  • Link to external registers where available.

Collaboration Function

  • Collaboration across teams for general purpose as well as transaction specific requests.
  • Management of access rights for internal and external parties.
  • Communication with clients through the platform.

Loan Processing/Workflow

  • Management of the full workflow of the lending process including sourcing, due diligence, approval tracking, pre-disbursement check, monitoring and collection.
  • Tracking of workflow and decisions, including minutes.
  • Flexible workflow for multiple products with unlimited decision steps based on automated rules or human decision making.
  • Parallel and sequential workflows, loops and automated decision points for full flexibility.
  • Automated and decision dependent processing that allows to speed up origination including borrower verification, decision making and underwriting.
  • Continuously adjustable as internal processes change.

Reporting

  • Generating essential reports for workflow tracking including impact reporting.
  • Reporting on exposure, performing and non-performing loans, FX exposure.
  • Advanced analytics based on long term data collection.

Document Management

  • Ability to create documents such as term sheets and loan contracts, invoices, account statements, reminders etc. from templates with customer specific information.
  • Intelligent storage and search function for external documents in standard forms, allowing to collect documents based on specific purpose such as pre-disbursement checks or KYC information.
  • Creation of document checklist based on specific loan types.

Knowledge Management

  • Data collection and analysis using external and internal, qualitative and quantitative information.
  • Analytics of existing knowledge information based on contextual intelligence.
  • Ability to see all available data for analytics for business/marketing and risk management.

Specific Features for Funds

  • Accounting function in local and fund currency, valuation support (incl IFRS9).
  • Performance monitoring.
  • Stakeholder information access.

What makes Q-Lana Special?

Why QLana

  • Q-Lana automates workflows and reduces process time
  • Existing information about clients is leveraged resulting in simplified processes
  • improved risk assessment and customer centricity
  • One single tool for origination, disbursement, monitoring, and reporting 
  • Improved collaboration within teams and across departments
  • Reduced risk of errors – take advantage of automated verifications and decisions
  • Reduce manual processing and exception handling
  • Organizational walls disappear – collaborate across teams to better serve clients
  • Make it easier to collaborate with external service providers
  • User-friendly SME lending tool that minimizes repetitive tasks in processing loan applications.
  • Transparency about the lending process. Know the status of an application at any stage
  • Apply from anywhere – multichannel approach: mobile application, online portal, meeting in a branch
  • Possibility for fast pre-qualification, followed by accelerated credit decision, optimized “time-to-money”. Based on risk appetite, decision and fund disbursement could happen within minutes for simple loans
  • Focus on true client relationships built on trust and experience. This will help the collaboration even in times of crisis
  • Digital document flow as well as a detailed alert system, sending notifications about application status and payment schedule
  • Transparently calculated credit limits for different credit products that can be quickly launched depending on business needs
  • Guidance when using loan simulators with an option to play with available loan variants in order to find out the best solution
  • Cross-product customer journeys designed to make the work of your corporate bank customers a breeze
  • Automation of routine activities thanks to bulk payments, extensive self-service features, and flexible approval workflows
  • Q-Lana is built on a low code platform, allowing easy integration via API and microservice structure
  • Business model of our open banking platform is based on collaboration and co-creation with the IT department
  • Q-Lana relies on a strong team of highly qualified and experienced development experts
  • Focus is on engaging with your IT team in the implementation process
  • Utilize exposed APIs, design system components, app templates, and starter libraries to facilitate independent development
  • Work in multiple, parallel streams thanks to microservice architecture
  • Your IT department becomes Q-Lana experts allowing you to initiate your own development and configuration activities
  • Q-Lana has been designed using decades of experience from financial risk managers
  • In-depth knowledge about credit risk models is used to define workflows, controls
  • Q-Lana incorporates the most detailed concepts and tools for risk assessment and monitoring of exposures, including early warning trackers
  • Fully configurable risk rating/scoring widgets that can be calibrated based on the proprietary data of the institution
  • Prepared to run vintage and migration analysis as well as valuation tool.
  • Incorporate stress testing and scenario analysis
  • Developing risk appetite concept for more transparent risk exposure management
  • Fraud Detection – by verifying if multiple processes have been initiated for the same customer
  • Q-Lana’s approach targets a long term collaborative and transparent relationship with financial institutions
  • The low code composabel approach allows to develop and implement based on the institution’s business plan and budget
  • Transparent pricing with no hidden cost. We are jointly interested to work in the most efficient way and seek the most valid options when it comes to suppliers
  • Q-Lana helps increase profit margins in your banking business through more efficient processes and better risk management
  • You will have a better transparency about your institution’s profitability through better data about processes, declined loans or other inefficiencies