Knight Utopia

Digital Is The Future

Credit Managers and Risk heads at Banks and NBFCs continuously face challenge to find and evaluate Credit worthy businesses. With rising risks of NPA, Technology has to be undoubtedly the central piece of digital transformation in Lending by standardizing the business rules and creating auditable and traceable digital records

Key Value Propositions

Knight Utopia : Key Features

1.

Custom User Journeys

Define journeys for LOS or Bank Statement, Financial Statement, Credit Bureau, GST only journeys Assisted Journey or Self Served Journey

2.

One Box, All Loan Products

Design your own custom workflows and on screen questions, and dropdowns etc. related to various loan products in a fully customizable fashion, without any code change required

3.

Seamless Data Capture

Seamless workflow to capture all desired information & documents like Financials, Bank Statements, KYC and other loan related documents

4.

Quick Eligibility

Check and issue quick eligibility for loan, based on pre defined business rules and validation against customer data

4.

Take Customer Consent

Seamless workflow to capture customer consent (OTP) for GST, ITR or Aadhaar verification. Email is sent to the customer with link to the page in an Assisted journey

1.

Analytics Dashboard

Powerful dashboard with various analysis of types of applications, sanction statistics, exposure & portfolio risk analytics etc.

2.

Search & Retrieve Leads

All leads captured through LOS are visible in search. After search selection, various analysis can be performed by ordering various reports

3.

View Application & Run Analysis

After selecting relevant lead, all application related data can be seen as read only by the assessing officer. Easy to consume , standardized credit policy and Go/No Go across the organization

4.

Setup Dynamic BRE & CAM

A Dynamic BRE can be built with simple Drag-n-Drop and can be linked to any rule built on over 5000+ data points, and can be linked to any Loan Product. Various output CAM and scoring engines can be defined on the platform

5.

Track API Consumption

Reports to track consumption of various APIs, segregated by month and quarters.

1.

Interactive UI & Analytics

Powerful Data Visualizations of Banking Transactions and Average Balances and stress testing on any calendar day

2.

Deep Banking Insights

Nature of Transactions, Inflow / Outflow, Fixed Obligations, Pseudo Fixed Obligations, Related Parties, Average Bank Balances, High Value Transactions, Red Flags

3.

Multi Banking, Multi Statement

Support for multiple bank accounts and multiple statements for the same bank account. No limit to the history of transactions

4.

Fraud Check, Red Flags

Cheque Bounces, Check sum mismatch, metadeta mis match, high cash withdrawals

5.

Detailed Analysis Report

Identify patterns of transactions, seasonality in balances, inter brank transactions etc. Establish stress testing in banking, Banking based Turnover and Maximum Permissible Loan Amount

6.

E-Statement/Scan Statement

E-Statement and Scanned Statements both are supported, powered by proprietary computer vision based technology

1.

Interactive UI & Analytics

Powerful Data Visualizations of GST Payments and Input Credits

2.

Consolidated & Multiple GST

Multiple GST analysis as well as aggregated / consolidated analysis at the firm wide level. Revenue and expense analysis is available.

3.

Concentration Risk

Helpful in identifying parties with concentrated transactions on revenue or purchase side, which might not be identified as related parties in financials

4.

B2B, B2C, Export Category Analysis

Comprehensive analysis of Revenue mix across B2B/B2C/Export/Nil categories. Analysis across business across states also available. Invoice level data and analysis also available

1.

ITR Analytics

Income as per ITR, trend analysis over last 3-5 years of income

2.

Basic Entity Details

Name, PAN, Address, Phone, Email As per IT Records Verification of IT Records with PAN Records

3.

Regenerated Income Statement

Regenerated income statement Net Income declared, revenue / expenses, PBT etc.

4.

Tax Return Statement

Detailed Tax return statement, return type, income details, exemption details etc.

1.

Commercial / Retail Bureau

CHM Score, Bureau Score (300 900 range), along with borrower summary like total accounts (Live/Delinquent), Amount and Overdues per lender

2.

Credit Profile Summary

Standard, SMA, Substandard, Doubtful, Loss asset per loan type and asset class

3.

Critical Events

Suit filed, Write offs, Willful Defaulters, Restructuring etc. bucketed into various time frames

4.

Payment History

History of payments and any pattern of delayed payments and number of days of late payment, aggregated across all loan accounts, credit cards, CC/OD etc.

5.

Actual Bureau Report

Unprocessed actual raw data as received from Bureau with details about each loan account as well as loan enquiries.

1.

Custom Score Cards, Go / NoGo

Powerful and flexible Score cards based on various parameters with system suggested Go / NoGo

2.

Financials & Trends

Data Visualization and tabular format for the last 5 years of balance sheet, profit and loss as well as cash flow analysis

3.

Business Drivers Commentary

System generated commentary on business drivers, movement of various ratios and parameters and its impact on target variable

4.

N level Related Party Analysis

Powerful visualization of connected entities, promoters, current / past directors, current / past signatories

5.

Detailed Charges & Director Kyc

Comprehensive coverage of all the charges, status, margin, terms as well as directors’ kyc and auditors’ details

1.

Alternative Rating

Arrive at Alternative Rating of any company irrespective of its size, scale and industry with a rating model regressed against 40000+ rated companies

2.

Financial Risk Assessment

Comprehensive Financial Risk assessment using state of art models with Bankruptcy risk, profitability risk, repayment risk etc.

3.

Business, Management, Operations

Industry best practices to measure Business Risk, Management Risk, Operations Risk. Quantifying all and converting it to a meaning quantitative score to be used in credit rating

4.

Early Warning Signals (EWS)

Comprehensive Early Warning Signal system using all of 45 RBI prescribed indicators and many additional proprietary indicators

5.

Unstructured Data

Leveraging power of Machine Learning and NLP to extract information from News, Legal and other data points to include in rating mode l

1.

Search Court Cases

From District level court to Supreme court, all cases like income tax, customer grievance, criminal or NCLT etc.

2.

Summarized Information

List of all court cases, type of court, case date, short description, summary of the court order as well as easily searchable records.

3.

View /Download Original Order

Links to the original court order, to go through in details whenever required

4.

Color coding and quantification

NLP based categorization of legal cases. Extracting important information from court orders & assessing contingent liabilities.

5.

Unstructured Data / News / Social Media

Information from various sources and social media to create powerful knowledge graphs about the entity in question

1.

ID Verification

Pan card verification of Company, Directors/ UBOs and Individuals, directly with NSDL

2.

Address Verification

Aadhaar OTP verification of Individuals / UBOs, directly with UIDAI

3.

Bank Account Verification

Bank Account Verification of company or individuals using penny drop. (No need of crossed cheques)

4.

UBO, FATCA, AML, cKYC

Paperless UBO, FATCA. Digital Verification of UBO. AML Checks on individuals and Promoters. cKYC Read / Write Access

5.

Video KYC

Seamless workflow to capture RBI compliant Video KYC. No need to have physical IPV (in-person verification).

1.

Dashboards

Customizable dashboards to visualize what matters the most. Separate Dashboards based on user roles

2.

Powerful Queue Management

Flexible workflows to handle multi level approval creator (L0), credit vetting (L1), legal vetting (L2), and final checker (L3)

3.

Track progress of Loan Application

Visually track status of any application across various stages from documentation to credit / vetting, dedupe, BRE, final approval, sanction, disbursement etc.

4.

BRE

Run Business Rule Engine, based on pre defined credit policy linked to the respective loan product applied, with system generated eligibility, maximum permissible loan amount, and Go/No Go

5.

Sanction Disbursement

Create Sanction Letters, and auto disburse from the system directly to the borrower account escrow account. Auto creation of loan account into the system.

1.

Ledgers & Accounting Policies Setup

Setup ledgers for various loan products with flexibility to create sub ledgers. Flexi Accounting Policies so that maximum requirements are handled via front end

2.

Create Masters and Product

Create various Masters with flexibility to define all parameters and control/restrictions that can be modified at the next level. Create new loan product / and launch a scheme in seconds!

3.

Statement of Accounts

Multiple layouts for Statement of Accounts, with details related to borrower, loan account, due amount and due dates vs. actual amounts paid and payment dates etc.

4.

Comprehensive Accounting

One of the most comprehensive accounting solution designed to handle every single detail in carefully designed ledgers to handle all business and regulation requirements

5.

NPA / Foreclosure / Rescheduling

Auto classify loans as substandard, doubtful or NPA. Handle Foreclosures and rescheduling restructuring of loan with vetted accounting system

1.

Auto Demand Generation

System has capabilities to generate demand automatically, considering repayment schedule as well as overdues, charges, penalties etc.

2.

One Solution, Various Payment Modes

Payments can be made through NACH, e NACH, Cheque, cash, or NEFT/RTGS. Real time book keeping can be configured, to instantly reflect in ledgers

3.

Track payment status

Track Successful, failed or partial payments across payment nodes, filter with dates, loan types, customers etc.

4.

Mandate / PDC Registration

Register Mandates on NPCI through system. Register PDCs to trigger alerts.

5.

Auto Reconciliation

Seamless reconciliation between current account and various ledgers

Key Components of Credit Assessment (Entity)

Company Highlights
Summary Financials
BL, PL, Cash Flow, Ratios
CARO, Auditors Report
Open Charges
Deep Dive : Revenue & Margin Drivers
Red Flags + E.W.S.
Group Structure, Related Parties
AI based MCA wide Potential Related Parties
EPFO Data Analysis
Unstructured Data / News
Directors /Signatories + Changes
Bureau Report + Unique Insights
Scoring Based on Customizable parameters
Past Credit Ratings and Movements
Past Roll over of Debt and Spread Analysis

Credit Risk Assessment

Knight FinTech’s Co Lending Solution

Building Industry's first propreitary framework and middleware for managing end-to-end life cycle of Co-lending

with answers to all technical, business, operational and regulatory challenges in Co-lending