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Lending Administration Solution

UkTender notice for Lending Administration Solution. The reference ID of the tender is 65718961 and it is closing on 06 May 2022.

Tender Details

  • Country: United Kingdom
  • Summary: Lending Administration Solution
  • GBT Ref No: 65718961
  • Deadline: 06 May 2022
  • Financier: Self Financed
  • Purchaser Ownership: Government
  • Tender Value: Refer Document
  • Notice Type: Tender
  • Document Ref. No.: DDaT22231
  • Purchaser's Detail:
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  • Description:
  • Title : Lending Administration Solution
    Location Of Contract : South West
    Industry : Software package and information systems - 48000000
    Description : *****This is a call for early market engagement/supplier engagement day******Innovate UK and UKRI are looking to hold a supplier engagement day in order to explore the best options available to it's loan's business/Innovate UK Loans Limited (IUKL).A loan system & administration solution is required whereby one supplier could potentially cover some or all of the below processes:-- A loan management system that is able to:o Pay a loan in quarterly installments (Drawdown)o Handle different interest rates, interest holidays, deferred interesto Handle drawdowns (installments) that do not happen on the same date each quarter and variable terms of contracts. o Produce automated customer communications including statements of account, arrears letters etc.o Forecast interest & capital repayments based on actual and forecast drawdownso Produce automated reports for IUKL for different needs i.e. daily, weekly, quarterly and Adhoco A portal where a customer can check their loan balance, ask questions or make early repaymentso The system must be API enabled to allow connection to IUKL's existing systems.- Know Your Customer (KYC), Anti-Money Laundering (AML) capability to run checks on directors of UK based businesses, with some directors potentially being based outside of the UK. These checks shou...
  • Documents:

 Tender Notice

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Lending Administration Solution - Uk Tender

The UK SHARED BUSINESS SERVICES LIMITED, a Government sector organization in United Kingdom, has announced a new tender for Lending Administration Solution. This tender is published on UkTender under GBT Ref No: 65718961 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2022-05-06.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.

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