Innovation in finance and banking

The headline stats

> £
1
bn
Loans issued p/a
80
%
Reduction in system build cost
>
4
m p/a
Scalability
>
6000
UK brokers connected

Lending origination and underwriting in banking

  • Use your existing credit models to build your lending systems, make informed decisions and reduce your system build cost.
  • Improve loan response times, boost your efficiency and maximise your profits.
  • Create lending products faster than anyone else in the market.
  • Create risk assessments, credit modelling, forecasting and customer management.

Why use Optalitix?

  • Experienced: We support numerous banking and lending firms to deliver UK lending products in mortgages, development finance, bridging and other lending sectors.
  • Easy-to-integrate: Our team of developers and analysts work closely with our project managers to deploy your products into the market, with easy integration to banking systems and brokers.
  • Get results: We have helped companies of all sizes from banking to finance to get to market quicker and generate greater profits.

Words from a customer

Optalitix’s software products and analytics experts enabled UTB to build market-leading credit portals. Their professionalism, dedication and drive for innovation make them a joy to work with and give UTB a distinct advantage in our market.

Hayley Kagan, MD - United Trust Bank

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Use cases

Underwriting workbench

Time to deploy models
<
5
mins
Est reduction in dev cost
80
%
Lines of business covered
>
15
Estimated ROI
>
10
x
See how we do it

Mortgage Lending Portal

Loans issued to date
£
7
bn
Existing brokers integrated
6000
Reduction in development cost
70
%
Loans issued
>
25000
See how we do it

Recommendation Engine

Consumers expecting personalisation
71
%
Ecommerce companies using personalisation
74
%
Potential uplift in sales
50
%
Time to deploy models
3
mins
See how we do it

Fraud Detection

Time to build fraud model
1
day
Time to deploy fraud model
5
mins
Annual UK insurance fraud
£
1100
m
Spend on insurance fraud
£
200
m
See how we do it

Calculate Sales Probability Using AI

Increase in sales
50
%
Leads leading to 80% of sales
20
%
Accuracy
>
70
%
Increased sales efficiency
40
%
See how we do it

Forecast clinic attendance

Accuracy of predictions
80
%
Reduced non-attendance
30
%
Speed of response
<
100
ms
System scalability (nr of calcs)
>
100
m
See how we do it

Optimising green energy utilisation

Increase in battery efficiency
15
%
Speed of response
<
50
ms
Scalability (nr of calcs)
>
100
m
Time to update model
<
3
minutes
See how we do it

Optimise clinic bookings

Increase clinic utilisation
20
%
Boost in profitability
50
%
Update time
3
minutes
Clinics using system
30
See how we do it

Credit calculator

Reduction in development time and cost
90
%
Avg model response time
<
100
ms
Scalabilty (nr of calcs)
>
4
m
Loans issued to date on the system
£
7
bn
See how we do it

Company calculators

Reduction in run time for batch calculations
90
%
Models hosted
>
5000
API calculations
>
4
m p.a.
Calculation nodes available
>
20
See how we do it

Create online pricing system

Time to deploy pricing model
<
5
mins
Scalability (nr of calcs)
>
100
m
Calculation speed
<
100
ms
Quotes processed
>
95
mil
See how we do it

Innovation in finance and banking

Loans issued p/a
> £
1
bn
Reduction in system build cost
80
%
Scalability
>
4
m p/a
UK brokers connected
>
6000
See how we do it

Insurance policy validation

Reduction in development time and cost
90
%
Number of database calls
>
100
m
Single hosted platform for all policy validations
1
platform
Security Certificates
ISO27001
& CyberEssentials
See how we do it

Improve your efficiency and reduce costs today