Background

A leading NBFC was using multiple LMS systems (Loan management systems) to support various lending sectors such as micro finance, corporate finance, supply chain etc.. It was facing challenges in managing these systems both in terms of cost and operational efficiency. So, they needed expertise to consolidate all existing LMS-es into a single LMS system.

Approach

• AceNet team of architect, SME, BA/Data Analyst and project manager hosted workshops with the client to understand all existing loan products and systems across various lending sectors. It further documented the current business work flows and capabilities of the existing LMS systems.
• Team interviewed stakeholders from various divisions like business, operations, finance, application support etc. to understand the ground level challenges and to gather wish list for the consolidated LMS system.
• Team documented reporting and compliance requirements of the existing LMS systems.

Results

AceNet prepared consolidated artefacts like business requirement document, feature list, etc. for the single LMS system catering to all the lending products across various lending sectors.   It also delivered a technical architecture for the consolidated LMS system.

Tech Stack

• Business Requirements Gathering
• Process Mapping & System Evaluation
• Stakeholder Workshops & Interviews
• Gap Analysis & Feature Consolidation
• Documentation of Reporting & Compliance Needs
• Design of High-Level Technical Architecture for a unified LMS system

Business/Solution Architecture | Deliverable