Fintech Credimi leverages ACTICO’s Software to automate their processes and decisions
CHICAGO, April 09/PR News- The Fintech startup Credimi leverages ACTICO’s rules-based software to automate its workflow process and decisions. Automation software from ACTICO delivers a transpar- ent, agile, auditable and faster solution in a cost effective manner.
ACTICO is a global provider of decision automation software for financial services, insurance and regulatory compliance. The rules-based graphical modeling platform facilitates rapid deployment, reduces time to market and total cost of ownership. ACTICO’s automation platform features business rules engine, model driven platform with graphical authoring tool, workflow management and inter- nal/external data integration. ACTICO’s solutions include: risk management, loan origination, stress testing, compliance, KYC, financial spreading and model simulation configured to client specific re- quirements.
“We at ACTICO are very proud to deliver an industry leading agile Software Platform to automate complex business decisions for banks and insurance companies that can accommodate changing regulatory and business cir- cumstances.” – Sid Panjwani, Head of Sales and Strategy, ACTICO Corp.
Credimi is a Fintech startup, providing invoice financing for small and medium-sized enterprises and supply chain financing for high profile corporates. Their mission is to make invoice financing faster, simpler, and more transparent than other available alternatives. To achieve a high level of automa- tion in credit risk assessment processes, Credimi was looking for a flexible and scalable credit risk rating and pricing engine to be incorporate into the underwriting process. Credimi has decided on ACTICOs decision automation software as an integral component for its origination process. The platform allows Credimi the autonomous operation of the rating and pricing engine, and significantly reduces time to deliver transparent and consistent invoice financing decisions. With ACTICO’s auto- mation software, Credimi is now able to fund invoices within hours after submission.
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