Sesame’s first win in NBFC sector

Sesame ventures into a new market with its latest client as Ecomark Finlet has selected Sesame to design, develop, implement and maintain a software solution to effectively manage its core operations. This is a landmark achievement for Sesame since this is its first win in the NBFC sector, a testament to Sesame’s ability to deliver quality FinTech solutions in diverse spheres.

About the client

With registered office in Thrissur, Ecomark General Finance & Leasing Ltd. is one of the top non-banking finance company in Kerala. Established in 1997, they initially focused only on vehicle loans. With their experience and expertise over the years, they have expanded to become a mature NBFC firm which provides 100 % customer satisfaction.

About the project

Ecomark Finlet requires a state-of-the-art, full-fledged lending solution for smoothly conducting its business with its customers and catering to the company’s future growth needs. The solution should also equip the staff with effective internal management tools, enable generation of MIS reports essential for analyzing different aspects of business and aiding the decision making process.

Sesame’s Core Lending Solution, an integrated, real-time and scalable solution, will help the client streamline and automate its lending process, provide enhanced customer onboarding, generate MIS reports for better decision making, and enable comprehensive loan servicing. The solution will connect front-office activities with back-office systems, enabling real-time processing of key financial transactions.

Sesame will also be providing a user-friendly mobile application for customer onboarding, collecting installments, enabling Ecomark Finlet’s customers to view account summary and loans dues, and various other features.

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