Finance & Risk

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Arium Finance & Risk

The financing business has grown fast in the country in the past three years. The Indonesian Association of Financing Firm (APPI) said the industry has expanded 17.4% annually in the past five years. The expansion has been driven by leasing and consumer finance.

Multi-finance Industry in Indonesia is very regulated under the supervision of the Bureau of Financing and Guarantee of the Capital Market and Financial Institution Supervision (Bapepam-LK).

Competition in multi-finance industry is very tight. In addition to competition amongst 200 multi-finance companies, it also has to compete with banks that provide financing.

The growing market in one side and changing regulation in other side, make multi-finance business needs to adapt to both business environment and regulatory, thus needs a system that flexible to innovate products and flexible to adapt with changing regulations and high competition. In addition, the system may allow them to also maintain customer relationships.

fiance-and-riskArium Core Finance is a solution to help a finance company compete more effectively in the market. It creates operation effectiveness by bringing the capability to give pre-approvals faster in acquiring new clients, to define own product parameters and to eliminate a lot of risk and time in originating loans. Furthermore, It has an Integrated system of account acquisition, account management, until the collection system, where every module is highly optimized in speediness thus ideal for business process so it could issue an output valid information, very accountable in timely manner.

Offering Model

License Model: Offers the solution by purchasing license. Suits the company who prefer CAPEX model.
Manage Services Model: Offers the solutions by outsource and rent the services by paying monthly or yearly based on usage. Suits the company who prefer OPEX model.

KEY BENEFITS

STREAMLINE BUSINESS PROCESS : The system complies with regulations enforced by market authorities.

REDUCES LOSSES & DELINGUENCES: The system flexibility enables you to grow and nurture the business opportunities in the market and potentially get revenue increase from high trading frequency

STRONG CREDIT RISK ANALYSIS: Securities firms can be more focused on business development and can improve service to end customers

STRONG LOCAL SUPPORT: Consists of pool of professional who adept with regulation

Key Features

Covers Full Range of Multi-finance business function

Arium Core covers a full range of multifinance functionally intitiating from loan origination, loan management system up to collection system. A combined solution by merging many functions into one integrated system but yet has a flexibility as  a modular form.

Strong Ecosystem

Arium Core Finance is surrounded by a several other complementary systems. Arium Core Finance ia a ” One Stop Solution” for all kind multifinancing business.

Full Online & Centralized

Arium Core Finance  cover full online & centralized system, integrated funding module, flexible approval process, open platform business application software, self defined parameterized and business driven products

Platforms

  • Web Based,
  • Java/J2EE
  • Oracle Database
  • Structured User Parameter
  • 3-tier Architecture
  • GUI Base Input Forms
  • GUI Based Business Processing Definition
  • Multi Layer Security Network
  • Flexible Hardware Configuration

Modules 

Loan Origination (Presales)

This module manages Loan Acquisition process starts from prospecting, survey, approval until disbursement, supported by flexible credit flow, flexible scoring and flexible matching engine

Loan Management

This module manages loan maintenance, its cover:

  • Customer Service Management, this function cover customer service activities related to documents, simulation and application status
  • Customer Management, this function handles payment method such as Transfer, cash, virtual account, etc. It also manages updating customers data
  • Product Management, This module can create more than one product package to be launch to the market. Among the products and packages, they can be combined with each other, ranging from single product to multi-product, and can be added at anytime, whether it’s for vehicle loan, electronic loans, and other consumer financing, in accordance to the theme that will be marketed.
  • Incentive Management, This module manages and handles incentive for marketing or collector with progressive and non-progressive calculation method
  • Loan Maintenance, it handle restructure, early termination, over credit  & loan inquiry
  • Payment & Billing, This module manages due collection, customer payment allocation, payment receipt printing, payment reversal & billing waive

Collection Management

This module covers:

  • Collection parameter, processes for internal or external collector and collector activities.
  • Write off & Recovery, handles write off parameter and its process, manual or automatic. It also cover charge off & payment recovery

telkomsigma has been providing ICT Solutions since 1987 to Financial business in Indonesia. By having the largest customer base in financial and banking sectors (30+ banks, 12 multi-finance), shows telkomsigma experience and know-how in the industry.