Corporate Commercial Banking

Our solution for Commercial Banking has been customized to offer efficient handling of customer offerings, reduce TAT and ensure operational efficiency.

Newgen › Solutions › Corporate Commercial Banking

The Corporate Commercial Banking solution has been designed to handle heavy documentation. The processes in commercial banking include insurance policy issuance & amendment, bills of exchange, and commercial loans, etc. The automation of such processes can yield great results and help the banks resolve customers’ queries faster and at reduced costs.

The processes in the Commercial Banking Division of a Bank are document intensive and require sophisticated handling of customer offerings such as LIC Issuance and Amendment, Bills of Exchange, Shipment Credit, Commercial Loans and Corporate Term Loans.

///Newgen's solution for Commercial Banking have been customized to offer:
  • Reduced training time
  • Decreased TAT for document requests
  • Cost savings in the field of new business opportunities, operations and lead count
  • Monitoring and streamlining of processes to follow the business rules with utmost clarity and efficiency

Different processes may involve different documents. For example, LC transaction documents deal with LC issuance, advice, and amendments. Newgen's solution manages all these documents very effectively by using Newgen's Document Management System. For all these processes, any kind of amendments or updates are stored, maintained and carefully archived for their effective usage in case of existing as well as new documents.

Corporate Credit

Corporate credit approval is a very complex process, which requires careful evaluation of the financial standing of the prospective customer. Before extending any type of credit, banks and other lending institutions assess the potential borrowers based on their financial performance, credit ratings ...

Read More About Corporate Credit

Electronic Statements

Records Management

Trade Finance

Case Studies

  • Trade Finance Centralization For a Global Banking Leader

    The client is the largest multinational bank in India. The bank offers a wide range of financial products and services through its robust physical network and superior retail franchises. The client aimed to cut competition by delivering better products and ensuring improved service delivery in terms of reach, variety, timeline, ease and tailor-made offerings. The bank implemented Newgen’s workflow and imaging solution for centralization and automation of their back-office processes at the Shared Services Centre (SSC) in Mumbai

  • Efficient Loan Processing and Check Clearing System using Distributed Capture

    The client is one of the largest banking and financial services organization in the world with over 9700 offices in 77 countries and territories in Europe, Asia-Pacific, the Americas, the Middle East and Africa. The bank wanted to enhance its operational capacity and productivity to manage the growth from the business development of Retail assets. They wanted to reach a large customer base by quickly rolling out a large number of lean branches. Newgen implemented its Distributed Capture System at the bank’s branches across the Indian sub-continent and their Business Process Management (BPM) solution at their Central Processing Center (CPC).

  • Electronic Bill Presentment solution

    The client is a leading Tanzanian bank and specializes in pre- export crop financing, trade and financial services for small and medium enterprises. The bank wanted to lower the Turn-Around-Time for customer requests while minimizing the high costs of printing and distribution and uncertainty in the delivery of the statements. Newgen implemented its electronic bill presentment and report management solution. The solution was also used for publishing statements on the web for direct customer access over the internet

  • Integration of Centralized Scanning and Records Management system with Third-Party LOS and Core Banking Solution

    With a market share currently exceeding 38 percent, the bank, established under the Ministry of Finance, is Thailand's leading housing-finance lender.

  • A Business Process Automation (BPA) Platform for Retail Operations in India

    The bank is amongst the global leaders in Corporate Banking and Securities, Transaction Banking, Asset Management and Private Wealth Management. The bank planned to capitalize on the rapidly growing base of affluent and mass affluent households, as well as small-and medium-sized businesses (SMBs), which represented 75% of the national household income. The Newgen solution enabled the bank to establish a centralized processing center for speedy and accurate processing of retail liabilities and services. The core benefit is derived from the capability of the solution to define, deploy and monitor the processes

More Case Studies
For Sales Inquiries

Americas: +1 (202) 800 7783 | Europe: +44 (0) 2036 514805 | Middle East: +973-1-619-8002 | Africas: +973-1-619-8002 | India: +91 11 40773769 | Asia Pacific: +65 3157 6189

Search Newgen For More Information on Corporate Commercial Banking