utp_bg

Online
Approval
System

Loan Origination System for financial institutions automating
the entire lending process including client onboarding and digital KYC.

platform platform

Klustr Platform

Klustr Platform is an advanced Loan Origination System, built on state-of-the-art internet technologies, innovative solutions for client identity verification, and Online Fraud Management.

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Represents

A cluster of services and tailor made solution for onboarding, underwriting and account management

Comes

With a core functionalities for consumer lending ready for individual customisations for miscellaneous types of financial institutions

Helps

Financial companies and alternative lenders exploit bank-grade lending technology for non-bank staff. For (small) banks to survive competition and solve the issues with limited and outdated software

Partnership

Klustr Platform has been designed with our 20+year experience with lending business in mind, and latest innovative solutions of verifying the Digital Identities.

Onboarding

AriadNext
|
Smart digital identity and document security
Blindspot.ai
|
ID verification and OCR
Lundegaard
|
Front-end Innovative Solution

Underwriting

Creditinfo
|
Data connectors, Scoring
and Decision Engine
Zoe.ai
|
Behavioral Prescoring, device data
and behaviour biometry

Account
management

TurboConsult
|
Nano Core Banking System

Onboarding

AriadNext

Blindspot.ai

Lundegaard

Underwriting

Creditinfo

ThreatMark

Account
management

TurboConsult

Process & Components

We love modular architecture - that's why the KLUSTR is composed of separate components which can be connected to each other. The beauty of modular architecture is that you can replace or add any component without affecting the rest of the system. This approach allows us to customize the features of the whole platform to our customers' needs.
icon Process
icon Components
01 Acquisiton
02 Calculation
03 Authentication
04 Application
05 Automatic
approval
06 Manual
approval
07 Conclusion
08 Account
management

Anti-
fraud
system

Digital
Performance
Package

Loan origination
system

Authentication
services

Scoring
service

Backoffice
system

Online
contract
conclusion

Nano Core
Banking
System

triangle

Value proposition

Klustr Platform helps financial institutions of any size bring their internal loan operations and client onboarding under complete management control, while maintaining an accurate view of which processes are carried out, who is responsible for every task, how long it takes for its completion and how much it costs.

01

Business
Perspective

  • Entire E2E process online
  • 10-minute time to money
  • Fully paperless process
02

Compliant
by Design

  • Regulatory compliant
  • Control over credit risk
  • Anti-Fraud Mechanism
03

Built-in
Intelligence

  • Customizable Decision-making Rules
  • Integrated Credit Scoring
  • Comprehensive reports for self-monitoring
04

A Digital
Identity

  • ID verification and Face Recognition of Customers
  • Liveness and Realtime Detection
  • Ultra High Conversion Rates
05

The
Platform

  • Fast time-to-market delivery
  • Easy to integrate
  • Modular and Scalable Architecture
06

Business
domains

  • Consumer credits
  • Consumer and Business Loans
  • Payday Loans
  • Mortgages
  • Client onboarding
  • Account opening
figure

Implementation

1

Phase 1

Selection of functionalities based on existing prototypes Design of customer journey Alignment with business needs and technical limitations

2

Phase 2

Adjustment of Platform based on customization packages or individual requests Platform Build & Configuration Testing

3

Phase 3

Production Go-Live Baby-Sitting support period Evaluation

The Prices

  • Implementation Price
  • Annual License Fee

Support and Maintenance is included in the License Fee. Price variants can be Capex/Open oriented.

Deployment

  • Cloud (Private/
    Public/
    Hybrid Mode)
  • On premise
  • Predefined customization packages - for easier and smoother implementation

Support

  • Online, 24/7
  • Documentation
  • Webinars, In Person
map
Prague | Czech republic map-item

About us

Klustr Platform is a comprehensive consumer lending platform built on know-how and experience of involved companies. We are able to cover all aspects of loan origination: from onboarding via underwriting to account management. Our goal is to provide open solution for creation of innovative customer journey but with strong focus on credit risk and responsible lending approach.

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Managed by
lundegaard
Powered by
Creditinfo
Platform partnership
TC
BlindspotAI
AriadNext

Platform Partnership

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Lundegaard

Onboarding

Lundegaard was founded in 1998. We help our clients expand and streamline their business through the Internet and mobile technologies. We are a web integrator and build extensive websites and portals and upgrade their existing solutions a generation ahead, we invent and implement new online services for their customers. We are fully responsible for KLUSTR Platform

Creditinfo

Underwriting

Creditinfo is a leading service provider for credit information and risk management solutions worldwide. It has established more than 25 credit bureaus in mature and emerging markets over 4 continents, thus tangibly contributing in growing and strengthening economies.

ThreatMark

Underwriting

ThreatMark is a highly specialized online security R&D lab. Via combination of hacker-level know-how with the state-of-the-art machine learning technology it combats cyber threats and online frauds. ThreatMark team is also building and protecting online channels for major financial groups and banks around Europe.

TurboConsult

Account management

TurboConsult has been active on the IT market since 1990 and it belongs among renowned Czech developers of banking information systems with international operations.

CoreMetrix

Underwriting

Coremetrix blends psychology and traditional risk analytics by using image-based technology to create new data on the attitudes, values, actions and behaviours that make every human being unique.

Nect

Onboarding

Nect provides a master key for consistent, secure and convenient access to enterprise-class services and products in regulated and unregulated industries, rendering obsolete registration forms and complex, repetitive personal identification processes obsolete, while costing up to 10 times less than before.

Main Features

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KLUSTR Platform comes with following in-build features which allows smooth onboarding process for a new clients. Each functional domain can be used in default mode or customized on customers' needs and market specificities

01 Data Collection

  • Lightweight screens for customers - minimal set of information is required for decision making
  • Automated, fast and reliable ID document checking with data mining
  • Face Detection & Recognition, and comparison of data from ID cards
  • Other options of ID verification (i.e. verification payments)

02 Validation

  • Compliance checks (full KYC-know your customer)
  • Rule based checks
  • Validation of input fields and a variety of „autocompleting“

03 Credit history

  • Connectivity to third data providers, mainly Credit bureau, ID registry and Tax Registry
  • Automated checks in internal loan databases

04 Scoring and
rating

  • Internal data rating system
  • Personalized, flexible, and internal loan data scoring

05 Online fraud management

  • User risk scoring and intent verification based on behavioral biometrics
  • Fraud attempt identification in real time, thus reducing manual reviews
  • Application usage and users’ activity monitoring by security or compliance teams

06 Decision

  • Both manual and automated loan approvals and rejections
  • Instantaneous money transfer

07 Contract
management

  • Automatic creation and “sign via text message” feature
  • Self-Service zone for clients with access to all types of documents and contracts related to loans

08 Reporting

  • Predefined set of reports for portfolio and risk management

09 Loan lifecycle management

  • Loan Management – controls loan management after the conclusion of the loan contract
  • Loan Drawing/Instalments - prepares, controls and executes loan withdrawals/instalments
  • Management of Debt on Loan Accounts - allows maintaining separate records for different types of debt

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Thank you for your interest about KLUSTR Platform. A member of our team will be in touch as soon as possible.

KLUSTR Team

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