We at SimSol Technologies & Services Private Limited, are an ISO/IEC 27001:2022 certified product company specializing in lending software solutions for Banks, NBFCs, and Financial Institutions. Our solutions also extend to insurance companies and Telcos. We cater to businesses of all sizes and scale.

Our Solution Suite includes (but isn’t limited to):

• LOS

• LMS

• Co-lending (CLM-1 Ready) (CLM-2 Capable)

• Direct Assignment (Buy & Sell Side)

• Channel Partner Management (DSA, DSE, DDSA, BC & Collection Agencies)

• NACH/e-NACH/ECS Management

• Document Management System (DMS)

  • PDD (post-disbursal doc. Management

• Workforce Orchestration (AI Native)

Clients trust our commitment towards product and service quality, benefiting from reduced time to UAT (90 days), faster TATs, a 100% user satisfaction rate, and over 90% savings on operational hours.

Click the 'Book a demo' button on the menu bar or call us directly at (+91) 99206 28792.

A Loan Origination System (LOS) is a software solution that receives, evaluates and processes loan applications. The loan origination process entails the first half of the lending lifecycle, all from the time a borrower submits a loan application until it is approved for disbursement.

A Loan Management Software (LMS) handles the various aspects of managing loans once they have been originated and approved. Simply put, an LMS handles all the activities until the borrower fully repays the loan.

Banks and Non-Banking Financial Companies (NBFCs) collaborate with channel partners such as DSAs, DDSAs, DSEs, Business Correspondents (BC) to enhance their business reach and customer base. Channel partners earn commissions on loans or insurance products they sell on behalf of these financial institutions. This commission-based structure motivates them to perform and aligns their interests with those of the banks and NBFCs, creating a mutually beneficial and long-term relationship. There are 3 Phases of partner management for channel partners 1) Partner Onboarding

2) Partner Payout 3) Partner Servicing

Co-lending is a financing arrangement in which Banks and NBFCs (including Housing Finance Companies) jointly provide loans to borrowers. The lenders collaborate to provide a single loan to the borrower, sharing the risk and profits associated with the loan. There are 2 co-lending models in practice, namely CLM-1 and CLM-2.

Direct Assignment (DA) is a type of asset-backed securities (ABS) transaction. ABS are financial instruments similar to bonds and contracts that represent a claim on cash flows from a pool of underlying assets. In the context of the lending business of the Banking industry, the ABS transaction that Direct Assignment functions upon is loan assets.

Scolend is a 3 in 1 integrated LOS + LMS + Co-lending Solution.

• Loan Origination Software (LOS)

• Loan Management Software (LMS)

• Co-lending (CLM-1 Ready) (CLM-2 Capable)

Note: All 3 modules can also be used as stand-alone individual solutions or bundled as per requirement.

Scolend comes with a Lending Process Designer Engine (LPDE) which enables organizations to configure processes from the front-end without having to code or involve the vendor.

Scolend comes with a customer-facing mobile application where customers can seamlessly apply for loans without the bank having to waste time and resources on the application process.

The system is powered by various microservices like document manager, credit & scoring engine and collection management etc. It can seamlessly tie in DSAs and other partners like due diligence and collection agents.

SimSmart is a solution to manage direct assignment activities for both buy and sell side.

It is a modular solution which has separate modules for pre & post deal activities.

While pre-deal activity focuses on originator creation, deal details and agreement with respect to incomes and losses and cherry picking to finalize the deal, post-deal activity focuses on monthly reconciliation, DPD calculation and NPA tracking. An accounting module ties both together by passing accounting entries which can then be handed off to the core system. SimSmart becomes the LMS for direct assignment business.

Chassist is a fully integrated surround system to manage end-to-end NACH/e-NACH/ECS transactions in a secure environment with operational controls, workflows and well-defined processes.

SimDox is a Document Management System (DMS) with a module for Post-Disbursal Document management (PDD). Depending on your requirement, you can avail our end-to-end DMS or the PDD module alone.

SimPay is part of our end-to-end Channel Partner Management solution purposed to calculate complex commission payouts. End-to-end Channel Partner Management: SimSwagat for Partner Onboarding SimCare for Partner Portal

SimPay for Partner Payout Calculation

SimSwagat is a partner onboarding module. Coupled with SimPay and SimCare, we offer an end-to-end solution for channel partner management. End-to-end Channel Partner Management: SimSwagat for Partner Onboarding SimCare for Partner Portal SimPay for Partner Payout Calculation

SimCare is a partner servicing portal. Coupled with SimPay and SimSwagat, we offer an end-to-end solution partner management. End-to-end Channel Partner Management: SimSwagat for Partner Onboarding SimCare for Partner Portal SimPay for Partner Payout Calculation

SimForce is an AI Native Workforce orchestration platform unifying leadership, HR and frontline teams all on one platform. It unifies critical business functions such as leave and attendance, approvals and delegation, field operations, verification, and analytics and more across mobile and web.