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Aurionpro Secures Major Deal with Malaysia’s Leading Bank to Modernise its Corporate Lending Processes

31 July 20243 mins read by Angel One
Aurionpro wins a $3M deal with a top Malaysian bank to modernise its corporate lending with SmartLender, enhancing loan origination, risk management, and ESG integration.
Aurionpro Secures Major Deal with Malaysia’s Leading Bank to Modernise its Corporate Lending Processes
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On July 31, 2024, Aurionpro Solutions Limited announced a major deal with a top Malaysian bank to modernise its corporate processes. This $3 million deal will be implemented over 15 months.

The bank has chosen Integro Technologies, a subsidiary of Aurionpro, to upgrade its loan origination system using SmartLender, an advanced commercial loan solution. This platform, popular among leading banks in Asia, has earned Integro Technologies a top spot in the Chartis RiskTech Quadrant.

The bank selected Aurionpro because of its strong local presence and commercial lending expertise, ensuring smooth project delivery and ongoing support. The SmartLender solution aims to automate corporate loan origination, streamline processes, and speed up processing times. The Financial Analysis module will provide comprehensive financial insights, helping the bank make better lending decisions and manage risk.

The ESG module will incorporate Environmental, Social, and Governance factors into the lending process, aligning with global sustainability standards. The SmartCapture module will facilitate efficient data capture and integrate seamlessly with existing systems. Additionally, the Solicitors’ portal will streamline communication and document management with legal entities, ensuring compliance with regulations.

Shekhar Mullatti, Global Head and President of the Banking Solution Group at Aurionpro said, “We are thrilled to collaborate with this leading Malaysian bank and propel their digital lending journey”.

He further added, “Our SmartLender suite offers a holistic solution to automate workflows, enhance decision-making, and achieve operational excellence. We are confident that this partnership will empower the bank to deliver a superior lending experience to their corporate customers.”

About Aurionpro

Aurionpro Solutions Limited is a technology solutions company serving the Banking, Mobility, Payments, and Government sectors. The company mainly provides software products and consulting services to the banking industry both in India and internationally. They combine multiple technology solutions into one platform to help businesses quickly adapt to the new digital landscape. Based in Mumbai, India, they are making this vision a reality worldwide, supported by a team of over 2,400 dedicated professionals.

On July 31, 2024, the share price of Aurionpro Solutions Limited opened at ₹1,655.10, touching the day’s high at ₹1,704.00, as of 02:36 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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