3i Infotech sets-up Kastle™ ULS Onboarding Solution at Lloyds Commercial Finance

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Helps support LCF’s market share in the Commercial Finance Segment

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LCF's team were looking at a comprehensive solution to bolster their team’s performance & gain deeper market penetration, which became a great opportunity for us to showcase our end to end solution Kastle ULS, said Gurjeet Oberoi, 3i Infotech, Europe

Lloyds Commercial Finance (LCF), a leading provider of Invoice Finance, Asset Finance and Asset Based Lending in the United Kingdom, has implemented 3i Infotech‘s Kastle™ Onboarding Solution, a rich workflow-based Credit Approval application to streamline and automate its business processes in the Commercial & Industrial market segment.

The software has been successfully rolled out at LCF’s 12 regional centers across the United Kingdom. Kastle™ Onboarding Solution GoLive is a key milestone for LCF's Commercial Finance Transformation program, with a vision to maintain and grow LCF's market share in this segment.

Under the scope of this engagement, 3i Infotech has successfully deployed the first phase of the solution by mapping the business process for onboarding new prospects. Automating elements of the existing process is a major benefit that LCF has derived with Kastle™ Onboarding.3i Infotech have also helped in the transitioning from a legacy system.

Commenting on their breakthrough win in the UK, Gurjeet Oberoi, 3i Infotech Ltd, Europe said “When we first started our Interaction with the Lloyds Commercial Finance Team, they were looking at a comprehensive solution which could lead the way for their technological revamp, to bolster their team’s performance & gain deeper market penetration, which became a great opportunity for us to showcase our end to end solution Kastle ULS.“

3i Infotech has integrated its Kastle™ Onboarding Solution with LCF’s existing CRM system enabling a seamless 360 degree customer view. The solution has improved the turnaround time for processing new applications, and has also improved the productivity of the organisation’s workforce.

Kastle™ Onboarding will help transform LCF’s core business through process automation and enabling better control, by generating & monitoring legal documents through its workflow engine, which is integrated with LCF’s Enterprise Document Management System. 3i Infotech has also built Dynamic Management Information reporting, powered by SAP Crystal Reports.

About 3i Infotech

Incorporated in 1993, 3i Infotech (http://www.3i-infotech.com) is a public global Information Technology company committed to Empowering Business Transformation. A comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI).

Furthermore it offers solutions to the government, manufacturing, retail, distribution, telecom and healthcare sectors. Among its repertoire of IPR based solutions the flagship products of the. Company are Premia™, MFund Plus, ORION™, Kastle™ ULS, Kastle™ Factoring and AMLOCK-FCDMS.

The Company has a very strong foothold and customer base in geographies like South Asia, Middle East and Africa, Asia Pacific, Kingdom of Saudi Arabia and North America.

The Company is also focused on value added services such as business intelligence & analytics services, infrastructure management services, testing & compliance, application development & maintenance, consulting and its BPO offerings.

The Company, headquartered in Mumbai, India has over 8500 employees in more than 20 offices across 12 countries and over 1000 customers in more than 50 countries across 5 continents.

For further details contact:

Ajay Somji
Corporate Communication
3i Infotech Limited
International Infotech Park
Tower No. 5, 4th Floor
Vashi, Navi Mumbai
Mumbai 400703

Tel: +91-22-67928966
Fax: +91-22-67928310
Email: ajay.somji(at)3i-infotech(dot)com

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