
New Customer Onboarding
Build intuitive and simple customer onboarding journeys.
Edelweiss is an Indian financial services firm that focuses on SME lending. The company worked with OutSystems, and delivery partner Do iT Lean to launch a digital lending platform. Results include an improved user experience and the automation of creditworthiness checks. Edelweiss reports a two-thirds saving in processing costs.
Edelweiss is one of India’s leading financial services companies, focusing on responsible SME lending. In the past, manual and decentralized processes made it difficult to respond quickly and efficiently to client needs.
Edelweiss set out to create a digital lending platform using OutSystems—a first in India’s lending industry.
“To create our digital lending platform, we identified three goals—a platform development approach, an agile method of development, and a flexible, fast development process. OutSystems stood out as the best partner to meet these goals."
In six months, Edelweiss developed its digital lending platform with OutSystems delivery partner Do iT Lean. By using iterative development and continuous communication with users, Edelweiss delivered a great customer experience with a minimum of disruption.
Regular iterative releases—made easier through CI/CD continue to enhance the platform’s features.
Edelweiss’s digital lending platform automates much of the loan origination process, dramatically accelerating lending decisions across three lines of business: housing, business, and personal loans.
The digital lending platform has eliminated paper-based forms from the customer onboarding journey and instantly and dynamically validates each applicant’s creditworthiness as the user progresses through the application process.
Some early outcomes from Edelweiss’s digital strategy include:
Do iT Lean - a valantic company is a services organization dedicated to building web and mobile applications using OutSystems low-code platform. We are experts in agile delivery and believe in...
Learn more about Do iT Lean - a valantic companyEdelweiss was so impressed with the agility it gained from developing on OutSystems that it shifted all ongoing and future development to OutSystems within 12 months.