Credit Loan

Credit Loan System for a Major Bank

What We did

We replaced a legacy Credit Application, covering the origination and management of loans across multiple business lines, and developed and deployed it as a Web Based solution to 1K branches in 3 months. We recommended re-writing the existing system due to level of duplication and different instances of the legacy application.

How We did

We reduced the original code base from 1M lines to 400K improving the client’s speed to market. Compared with the cost of upgrading the existing system, the SCAD Software solution cost 50% less in time and materials and was 60% faster to market. We have bee running this successfully for 10 years as a business-critical system

The SCAD Software approach is to achieve at least a 40% code reduction, leading to 75% faster to market and typically 30% lower cost. This case study delivered 2 out of SCAD Software’s 3 promised gains.

Wave

Head Office

Swift Channel Application Development Pty (Ltd) The Campus, Twickenham Building, Ground Floor, Corner Sloane and Main Road Bryanston 2021

South Africa

Contact Number: +27 11 575 0659

International

3 The Old Estate Yard, High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY

UK

Contact Number: +44 7900 681725

North America

c/o ForesightOne Inc., 45 Old Cart Path, Holliston, MA 01746.

USA

Contact Number: +1-617-733-8161


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