Assessment
Streamlined credit assessments. Nimo’s AI-driven, assessment layer streamlines decisioning, ensuring faster, compliant credit approvals. Powered by Nimo’s decision engine and advanced algorithms, it integrates real-time data and policy-driven compliance checks to accelerate decision-making.
Feature rich with configurable policy rules, risk models, product parameters, built-in audit notes and referral workflows plus more, Nimo ensures that every decision aligns with your lending criteria, while flagging deals that require a closer look.
Automated credit decisioning
Automate up to 80% of loan decisioning with Nimo’s decision engine with configurable rules, risk models and product parameters.
AI-Powered real-time risk assessment
Instantly assess creditworthiness by analysing real-time financial data from multiple sources, including Bureau checks, Open Banking and income verification.
Configurable assessments
Nimo’s configurable assessment layer integrates your policies and compliance requirements. This allows Nimo to automate straightforward applications, flag exceptions and route complex cases to credit teams.
Why Choose Nimo’s Assessment Module?
Nimo’s assessment engine simplifies credit decisioning. Designed specifically for financial institutions, this solution eliminates manual complexity, delivering faster, more consistent decisions. It adapts seamlessly to your credit policies, applying rules and calculations in seconds using data from income, liabilities, digital ID, credit bureaus, Open Banking, and more.
This intelligent, automated system reduces manual intervention, mitigates risk, improves accuracy, and enables smarter credit decisions in less time, ensuring a fully compliant and efficient assessment process.
Key benefits include:
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- Faster decision-making – Automate credit assessments, reducing the time to decision and enabling quicker approvals.
- Full alignment with your credit policy – Configure to fit your specific credit policies, assessment rules, buffers, risk models and product parameters, maintaining consistency and compliance. All without coding.
- Audit-ready outcomes – With built-in audit trails and full transparency, Nimo ensures all decisions are traceable and ready for compliance reviews.
Embedded Services
Included integrated services to assist with total cost of ownership and data sovereignty
Integrations
Nimo offers over 50 pre-built integrations with automated workflows to accelerate time to market and reduce development costs. As integration experts, if you need something new, we can build it.
Digital Contracting
Fully integrated contracting experience, from secure customer portals and digital signing with NimoSign to solicitor handoff and settlement, all built into your lending workflow.
Communications
A fully integrated communications suite with secure, onshore delivery. Send SMS and email from your domain, with no external integrations, reducing cost, boosting engagement and ensuring data sovereignty.
Integrations
Nimo offers over 50 pre-built integrations with automated workflows to accelerate time to market and reduce development costs. As integration experts, if you need something new, we can build it.
Digital Contracting
Fully integrated contracting experience, from secure customer portals and digital signing with NimoSign to solicitor handoff and settlement, all built into your lending workflow.
Communications
A fully integrated communications suite with secure, onshore delivery. Send SMS and email from your domain, with no external integrations, reducing cost, boosting engagement and ensuring data sovereignty.
Is your team using spreadsheets to decision applications?
No problem, you are not alone. Nimo has specialised in helping banks and lenders move from manual excel spreadsheets (that are later stored in network directories) to embedding your policies into Nimo’s decisioning engine.
This can provide the capability for auto-approvals as well as exception-based assessment, as well as improving regulatory compliance and greater transparency with audits.