Pak Oman Investment Company has announced a strategic partnership with BenchMatrix to implement the RiskNucleus Loan Origination System (LOS). This move aims to streamline credit approval processes and bolster risk management capabilities.
RiskNucleus LOS offers a comprehensive suite of features, including modules for request details, obligor information, facility management, collaterals, and credit approval workflows. The system is designed to enhance operational efficiency and provide valuable insights into the credit approval process.
Taimur Kaleem, CEO of BenchMatrix, expressed enthusiasm for the partnership, highlighting the system’s ability to support strategic decision-making in financial institutions.
Nauman Ansari, MD and CEO of Pak Oman Investment Company, emphasized the significance of this digital transformation, stating that the new system will improve process flow, operational efficiency, and regulatory compliance.
BenchMatrix, a leading provider of risk management solutions, specializes in offering robust tools for financial institutions. Pak Oman Investment Company is a prominent development financial institution providing a range of financial services, including corporate and SME finance, investment banking, and asset management.
This collaboration marks a significant step forward for both organizations, as they work together to drive innovation and efficiency in the financial sector.