Everything under control: master data management, risk and limit management, KYC and compliance, limit and cash value administration, automated leasing applications as well as reporting.
Automated leasing application
The automation of leasing applications enables fast decisions to be made on them. For this purpose, for example, your customer or one of your employees enters an application into an online portal. In the background an automated decision-making process runs, which also decides individually on the information to be utilized. We set up your individual workflows and rules for this decision-making process in advance. Taking into account all relevant information and decision-making criteria, the result is then communicated via the online portal, quickly and reliably.
CAM Financial Services includes the following functions:
Automatic collection of information using standard interfaces (API) to information agencies (API-Gateway)
Individual rules and workflows
Automatic consideration of existing frameworks in decisions on applications is possible
Automatic limit revision process when the overall limit of a fleet vehicle customer is insufficient
Flexibility through simple adaptation and extendability of the evaluation processes
Fast automatic decision-making processes with a usual duration (depending on the information product) of between one and ten seconds
Increased customer loyalty and satisfaction through immediate decisions
Relief from routine activities
Scalability of the business through fast decisions
Limit and cash value administration
CAM Financial Services supports you not only in deciding on individual contracts but also in managing the framework limits for lessee limits for fleet customers (e.g. fleet customers for car leasing or IT leasing) and in controlling cash values through efficient and standardised processes. For example, overall limits are determined automatically on the basis of available information (e.g. creditworthiness of the lessee).
The system also supports multi-level limit decision-making processes, including the integration of all instances (front and back office).
Individual rules and workflows - tailored to your business
Automated collection of necessary external information
Complete documentation of the decision-making process
Further monitoring of lessee
KYC and Compliance
For leasing businesses there are specific regulatory standards in the areas of KYC and compliance. In addition to these regulatory necessities, company-internal compliance guidelines must also be observed. This results in the following requirements:
Determination of the identity of the contractual partner (leasing customer) before conclusion of contract
Determination of the financial beneficiaries
Comparison of person and company data with external lists (PEP, AML, CFT)
Comparison of person and company data with internal blocklists
Failure to comply with the legal requirements may result in considerable monetary and non-monetary "naming and shaming" sanctions. But the fulfilment of these legal requirements involves a lot of manual checking.
You need to compare the person and company data of your contractual partners with diverse PEP and sanctions lists. The performance of these checks and the results must also be documented and retained for auditing purposes. In addition to the initial checks, ongoing KYC monitoring of the contractual partner is necessary.
CAM Financial Services supports you in fulfilling the KYC and compliance requirements with automated checking processes. On the basis of external information, the financial beneficiaries are determined automatically and comparisons with lists are carried out. In addition, the KYC risk is determined for each contractual partner. All the checks are documented by the CAM
system and historical data is retained for audits.
Learn more about our KYC solutions.
With CAM Financial Services you obtain comprehensive possibilities to analyse all the data available in the CAM system. Thus you can easily, for example, gain an overview of your leasing customer portfolio and use this to derive strategic measures. Using the integrated report editor you can easily create your own individual evaluations. These reports can then be run automatically and communicated at times you have defined. The following functions are available:
The evaluation of the entire customer data
Evaluation using standard or individual reports
Wide selection of standard reports included (e.g. rating distribution across the entire portfolio)
Generation of individual reports with the help of the integrated editor
Report scheduler to fix the intervals for the evaluations and the communication of the reports
Fast evaluation of the leasing customer / partner portfolio
Basis for deciding on strategic measures
Ideal as a basis for discussion of strategic decisions
Comprehensive selection possibilities
Flexibility through simple adaptation / extension of the reports