HCL Novus Digital Lending and Mortgage - Accelerating innovation in banking | HCL Technologies

Lending and Mortgage Microsite

About HCL Novus Digital Lending and Mortgages

HCL offers comprehensive digital lending and mortgages solutions using our own IP, products, and a partner ecosystem that directly addresses the various improvement opportunities for process and operational efficiency to transform the stakeholder experience. The solution offerings can be consumed either as point solutions or a complete process transformation initiative to deliver unmatched business value, depending on the business case needs.

HCL, through a focused team of domain experts, data scientists, and solution architects, can assist through this mortgage lending transformation journey with our solutions set and unique differentiators.

Business situation

Digital Lending and Mortgages: Opportunities to seize

$2.5 T

expected to originate for each of the next three years

~90

days is the average time to cash for traditional banks

80%

of the top global banks have some form of partnerships with fintechs

16%

of these partnerships between fintechs and top global banks are related to lending

30%

CSAT score difference between mortgage customers at bank and fintechs/best-in-class industries

HCL Solution

Success Stories

Singaporean Multinational Banking and Financial Services
Delivering best home buying experience
A leading bank in Australia
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A leading bank in Australia

HCL is the strategic partner with the client to deliver the best home buying experience. For example, we have modernized their loan servicing by conceptualizing and implementing a service layer based on modern technology and isolating the mainframe as a system of record. We are also in discussions with them to create an Innovation Sandbox to enhance the current home buying experience.

Traditional 'Big Four' Irish banks
Implementing an end-to-end digital lending solution
A leading financial institution in the UK
x
A leading financial institution in the UK

HCL implemented an end-to-end digital lending solution for the client. The solution was focused on three main pillars – Digitize (digitize processes to respond faster and scale efficiently), Connect (develop more flexible and innovative products to grow business) and Grow (connect seamlessly to customer channels such as digital, broker, and others).

Life and General Insurance Agencies in Singapore
Delivering application and engineering services
A leading German fintech company
x
A leading German fintech company

For a leading German fintech company (taken over by a large German bank), we are delivering application and engineering services and solutions for SMEs. This allows the bank-fintech entity to move up the value chain by becoming an ecosystem provider from a financial services provider.

Australian Multinational Bank
Implemented Digital One lending platform
A large global Dutch bank
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A large global Dutch bank

For a large global Dutch bank, we have implemented a Digital One lending platform for SME lending operations using a modern technology platform. This platform optimizes the long-term usage and maintenance of IT application and infrastructure assets.

Australian Multinational Bank
Delivered a common lending platform
A leading Swedish Bank
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A leading Swedish Bank

For a Swedish bank, HCL was responsible for the solution design and development of a common lending platform to be rolled out across eight countries in Europe and the UK.