Speridian's Banking Solution Beacon Powers KSIDC's Digital Lending Transformation

KOCHI, India - Sept. 6, 2024 - PRLog -- Speridian Technologies is proud to announce that the Kerala State Industrial Development Corporation (KSIDC) has successfully launched its new Digital Lending Portal, powered by Speridian's cutting-edge banking platform, Beacon—enabling the organization to revolutionize its corporate lending operations with advanced technology and streamlined processes. ­­­­

The new lending platform is a game-changer for the market, featuring an innovative Credit Risk Management Framework that seamlessly integrates multi-channel loan origination with Loan Management and Core Financial system. Designed with a customer-centric approach, Beacon by Speridian offers an intuitive and efficient user experience for both KSIDC officials and borrowers, transforming the lending process.

The portal was officially inaugurated yesterday by P. Rajeev, Minister of Industries and Law, at a prestigious event along with Speridian's executive leadership team. The event was attended by senior IAS officials, KSIDC's top management, and over 400 prominent entrepreneurs from across Kerala. The launch signals a new era in business lending, one that is expected to significantly accelerate industrial growth in the state.

About Speridian Technologies

Speridian Technologies, founded in 2003 and headquartered in Albuquerque, is a global, innovative, thought-leading digital modernization company that leverages modern software engineering and proprietary platform solutions to streamline and enhance interactions between clients and constituents within commercial and public sector markets. Speridian is at level 5 of the CMMI Institute's Capability Maturity Model Integration (CMMI) and have global presence with offices spread across three continents and ten countries. With deep knowledge and expertise across many industries and verticals, Speridian delivers high-value, high-quality solutions to support business growth and objectives.

About Beacon Banking Solutions

Speridian's Beacon is the industry leading suite of banking solutions catering to various needs, such as Core Banking, Loan Management, Loan Origination, Credit Monitoring, Collection solutions, Banking Analytics, and Financial inclusion solutions. With more than 20 years of experience, and over 200+ financial institutions as clients, Speridian brings a range of financial software products suitable for your business needs. In this era of digital transformation Beacon helps you easily adopt best in class solutions to meet industry needs and to satisfy the demands of your customer base.

For more information, visit www.speridian.com

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