Pak Oman Investment Company has selected BenchMatrix’s RiskNucleus Loan Origination System (LOS) to enhance its credit approval and risk management processes. This strategic move is aimed at leveraging cutting-edge technology to streamline loan origination and improve operational efficiency.

RiskNucleus Loan Origination System is a comprehensive solution designed to manage various aspects of the loan approval process. The system’s Request Details module captures and updates diverse obligor-related information, while the Obligor Details module allows for modification of obligor data during credit reviews. The Facilities module supports the management and tracking of different loan types, and the Collaterals module handles the creation and modification of obligor collaterals, ensuring clear visibility of security coverage. Other modules include Facility Coverage, Financials, Risk Rating, Credit Memorandum and Risk Management Group Memo, Documentation, Policies and Exceptions, Overview/CA Face, Credit Approval Workflow, and History, all contributing to a streamlined, efficient credit approval process.

Taimur Kaleem, CEO of BenchMatrix, commented at the signing ceremony, “We are delighted that Pak Oman Investment Company has chosen our RiskNucleus Loan Origination System. This partnership is a testament to our commitment to providing advanced risk management solutions that drive efficiency and support strategic decision-making in financial institutions.”

Mr. Nauman Ansari MD and CEO of Pak Oman Investment Company Commented at the signing ceremony, “Our transition to a paperless and digitally advanced environment is a significant milestone for us. We are excited to have selected a comprehensive platform that will enhance our day-to-day approval processes. We anticipate that this new system will significantly improve our process flow, operational efficiency, and ensure rigorous regulatory compliance.”