Aurionpro secures Major deal with Malaysia's leading bank to Modernize its corporate lending processes

Aurionpro Solutions Limited (NSE: AURIONPRO) (BSE: 532668) announced a strategic win with a leading bank in Malaysia to modernize its corporate processes. The deal is valued close to US$ 3 million and is expected to be implemented over a 15 months period.

The bank has chosen Integro Technologies, subsidiary of Aurionpro, to transform its loan origination system with SmartLender, a cutting-edge commercial loan origination solution. The commercial credit risk platform, used by leading banks across Asia, has earned Integro Technologies a category leader recognition in the Chartis RiskTech Quadrant.

The bank selected Aurionpro as their digital transformation partner due to the Company's established local presence and deep expertise in commercial lending, ensuring efficient project delivery and ongoing support.

With the implementation of SmartLender solution, the bank aims to automate all facets of corporate loan origination, streamline processes, and expedite processing times. SmartLender Financial Analysis module will equip the bank with comprehensive financial insights, empowering them to make informed lending decisions and mitigate risk. SmartLender ESG module will integrate Environmental, Social, and Governance considerations into the lending process, aligning with global sustainability standards. SmartCapture module will facilitate efficient data capture and seamlessly integrate with existing systems for a smooth transition. Additionally, the Solicitors' portal will streamline communication and document management with legal entities, guaranteeing adherence to regulations.

"We are thrilled to collaborate with this leading Malaysian bank and propel their digital lending journey," said Shekhar Mullatti, Global Head and President of the Banking Solution Group at Aurionpro. "Our SmartLender suite offers a holistic solution to automate workflows, enhance decisionmaking, and achieve operational excellence. We are confident that this partnership will empower the bank to deliver a superior lending experience to their corporate customers."

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 1619.70 as compared to the previous close of Rs. 1650.70. The total number of shares traded during the day was 8273 in over 1709 trades.

The stock hit an intraday high of Rs. 1700.00 and intraday low of 1600.00. The net turnover during the day was Rs. 13663299.00.

Source : Equity Bulls

Keywords

AurionproSolutions INE132H01018 Malaysia MajorDeal