timveroOS setup guide v. 3.7.10

Introduction

• timveroOS represents an innovative software solution tailored for Financial Institutions (FIs) to architect origination processes that align with their unique business requirements. The solution encompasses the following origination stages:

• Data Connection: With over 90 pre-built integrations with data providers, the timveroOS SDK enables rapid connection to new data sources, typically within one day.

• Data Ingestion: The platform automatically parses all responses, extracting and converting data into a structured, tabular format as features within the Feature Store. This ensures uniform data formatting from inception, facilitating ease of access and future utilization.

• Application Submission: Applications can be submitted through various proprietary channels, including offline methods, mobile applications, and embedded lending enablement - vendor portal.

• Underwriting: The platform processes ingested data (features) from applications and data sources through a no-code underwriting algorithm. It accommodates both soft and hard credit checks, along with a range of securitization options.

• Product Selection: Following successful underwriting, customers may select from a suite of eligible products and terms, completing the process with automatic e-signature integration or opting for manual contract signing.

• Document Signing: Required documents for client signatures are automatically generated from templates by the system and can be signed either physically or electronically.

• Funds Disbursement: The system seamlessly integrates with core banking systems for account opening and initiates the funds disbursement process.

• Loan Servicing: The Servicing module manages loan administration tasks such as payment reception, schedule updates, and status changes. Tools are provided to modify loan conditions, reflect payments accurately, and notify stakeholders about servicing events.

• Advanced Analytics: The Analytics module includes robust functionality for real-time oversight and predictive modeling. Integration with external machine-learning environments (e.g., Amazon SageMaker) enables the development and deployment of advanced risk assessment and forecasting models. Data from operational modules is consolidated into a data warehouse, supporting both real-time dashboards and in-depth analysis.

timveroOS addresses key business challenges and needs by:

• Centralizing loan application and decision-making processes.

• Enhancing the accuracy of loan-related decisions.

• Accelerating decision timelines and improving the standard of loan services.

• Automating loan disbursement workflows.

• Reducing operational risks.

• Compiling data for comprehensive loan performance analysis.

This documentation is intended for the following user groups:

• Business Professionals and Subject Matter Experts

• Business, Systems, and Data Analysts

• Information Technology Department Personnel

• Product and Project Managers