The Leader in Consumer Finance in Lebanon teams up with Scorto to intensify its risk management framework.
Scorto Corporation, a globally recognized provider of decision management and risk mitigation solutions and services, announces today that it has entered into a partnership with Capital Finance Company s.a.l, a leader in consumer finance in Lebanon.
Capital Finance Company s.a.l has selected Scorto Loan Decision packaged with Scorto Strategy Maven. The system allows facilitating and automating the application process of its personal loans, car loans and credit cards, thus reducing default and delinquency rates.
"After assessing several Loan Origination Software Applications from different vendors, Capital Finance Company s.a.l (CFC) opted for Scorto Loan Decision Suite which offered a multitude of features and benefits that suited CFC's business requirements. In addition, Scorto Loan Decision could be easily interfaced with our Core System without the need for any further technical development. It is flexible and modular that could cater for CFC future growth. – says Mr. Tarek Kombarji, CEO at Capital Finance Company, - We also enjoyed working with Scorto Project Team who showed a high level of professionalism during the several phases of the project. We expect from Scorto Loan Decision to boost the efficiency of our credit officers without jeopardizing the quality of the portfolio".
Scorto Credit Scoring and Decision Management Solution suite increases ROI from existing operational systems and business processes by improving the consistency, relevancy, speed and precision of the decisions that drive them. It can deliver substantial performance gains wherever the customer must make complex decisions very rapidly and in high volumes, particularly when the policies and conditions affecting decisions are changing.