Laser Soft to provide new service

Chennai, Oct 26: The city-based Laser Soft infosystems Limited, a leading banking software product company would be providing browser based credit appraisal and monitoring solutions to The South Indian Bank Ltd, a leading private sector bank.

Mr B Suresh Kamath, Managing Director, Laser Soft, in a press release here said, "the product 'Loanflo' would help the banks to automate completely the complex Corporate and SME loan processing in banks." This would enable speedy credit decisions by banks in respect of high value trade and industrial advances and ensure online sanctions to benefit the customers, he said.

"Loanflo' was a work-flow based solution, integrated with credit appraisal and document imaging. This product can be integrated with any core banking solutions of the banks" The product would be implemented in The South Indian Bank within three months, he added.

UNI