SwiffyLabs

📢 📢 📢 Important Update for NBFCs 📢 📢 📢 RBI's Core Financial Services Solution (CFSS) Mandate deadline is fast approching! The Reserve Bank of India had set a clear directive a few years ago: NBFCs in the Middle and Upper Layer with 10+ fixed point service delivery units must implement Core Financial Services Solution (CFSS) by September 30, 2025. This mandate from RBI aims to make NBFCs tech systems robust and sophisticated to serve customers safely and seamlessly in the digital world. This transformation aims to bring NBFCs Core Systems on par with banks' Core Banking Solutions, in turn, helps them to adopt evolving technologies and digital ecosystem. With this NBFCs will be able to engage and serve their customers better like systems are accessible anytime, anywhere, regardless of physical branch locations. With centralised data management, customers can seamlessly interact through any channel while ensuring high system uptime and reliability. Key compliance requirements: 👉 Mandatory implementation for qualifying NBFCs 👉 70% implementation required for Upper Layer NBFCs by September 30, 2024 👉 Quarterly progress reports to RBI 👉 Digital-first approach with anywhere, anytime service capability At SwiffyLabs, we understand the complexity of this transition and deliver comprehensive solutions that address the evolving needs of financial institutions: 👉 Our end-to-end lending technology stack encompasses the complete lending lifecycle - from Loan Origination System (LOS) to Loan Management System (LMS) and Loan Against Securities (LAS), providing a unified platform for all lending operations. 👉 Our cloud-native lending platform supports diverse use cases across secured and unsecured lending, catering to both retail and business segments with natively built co-lending modules.  The platform's robust architecture makes it future-ready for evolving technology, compliance requirements, and next-generation customer expectations. 👉 We serve a diverse range of financial institutions - from emerging fintechs, emerging NBFCs, established NBFCs and banks, providing scalable solutions that adapt to each organisation's unique requirements and growth trajectory. With our cloud-native, API-first platform, you get: ✓ Rapid implementation ✓ Seamless digital operations ✓ Fully compliant to regulatory requirements ✓ Future-ready     Lightweight solution    Highly scalable for digital world volumes and ticket size Don't wait until the deadline approaches. Partner with SwiffyLabs to transform your NBFC operations today! Reach out to our team at [email protected] to schedule a demo and learn how we can make a difference for your business! Babu N.S Nikhil Joy Rohit Dak Apoorv Khanna Mridula Athreya #Fintech #RBIMandate #CFSS #CoreFinancialServicesSolution #DigitalTransformation #LendingTech #LoanManagement #RegTech #Compliance #DigitalInnovation

The RBI Core Financial Services Solution (CFSS) Mandate is approaching fast! By September 30, 2025, NBFCs in the Middle and Upper Layer must implement CFSS to align with banking standards and enhance their tech ecosystems. SwiffyLabs is ready to support NBFCs compliance journey with our cloud-native, API-first lending platform, designed to simplify transitions, ensure regulatory adherence, and future-proof your NBFC operations. Partner with SwiffyLabs to stay ahead—reach out at [email protected] to learn more. #NBFC #RBI #Lending #Compliance #Regulatory #CFSS

In our #FintechSimplified series, we decode Credit Scoring! Modern lenders are increasingly analyzing several data points like Digital footprints, Bank statement patterns, Payment behaviour, Income stability, Shopping patterns among others. #CreditScore #DigitalLending

At SwiffyLabs, we're empowering financial institutions to modernize their lending operations without the excessive price tag. Our Loan Management System (LMS) and Loan Origination System (LOS) solutions are designed to offer efficient, scalable, and cost-effective technology tailored to the needs of banks, NBFCs, and digital lenders. Whether you’re launching new lending products or optimizing existing ones, our platform enables you to: + Reduce Operational Costs by 50%, Zero Setup cost and Infrastructure cost. + Enhance Efficiency across all stages of the loan lifecycle + Increase Scalability and Speed with the latest in SaaS lending technology Don’t miss this exclusive opportunity to revamp your lending stack and achieve significant cost savings. Reach out to our team at [email protected] to schedule a demo and learn how we can make a difference for your business! #SwiffyLabs #LendingSolutions #CostSavings #FinancialInstitutions #LMS #LOS

I am excited to announce that I will be speaking at the 4th edition of the IGF Middle East & Africa 2024: Limitless Horizons. Join me from November 24-27 as we explore the future of global collaboration and unlock new opportunities between India and the UAE. #JoinTheConversation: https://lnkd.in/d-y_Ktg2 See you in Dubai! #IGFUAE #LimitlessHorizons

Myth: Building lending infrastructure is expensive and time-consuming 🏗️ Fact: Launch with zero upfront investment, access our complete platform with SwiffyEdge credits - only pay as you grow 🚀 Find out more here - https://lnkd.in/gCziVx-a

India’s Loan Against Securities (LAS) market is poised for growth, with a massive opportunity of few lakh crore in 2025. With penetration still below 10%, there’s substantial room for lenders to tap into this promising segment. Its a win-win for financial institutions and their clients. SwiffyLabs stands ready to support this growth with a robust product offering designed to help financial institutions capture and scale their share of this untapped market. By leveraging LAS, institutions can offer a secured lending product that meets diverse customer needs while generating attractive yields and boosting overall asset quality. With LAS, institutions can unlock immediate liquidity for customers, allowing them to borrow against their investment portfolio without liquidating their assets. It’s an appealing choice for investors looking to capitalize on asset appreciation without disrupting their long-term plans. For financial institutions, LAS brings the potential for enhanced yield on secure lending, generating dependable income with minimized risk. With well-structured interest rates and proper collateral management, LAS can lead to substantial portfolio growth while ensuring financial stability. LAS can cover a wide array of securities, from equities and bonds to mutual funds and gold, giving customers flexible options while empowering institutions to diversify their lending base. Each of these assets has unique value dynamics, which requires careful and nuanced lending criteria. This is where technology steps in. Efficient operationalization of LAS is critical for scalability and profitability, and SwiffyLabs’ SaaS platform is built to streamline this process. With SwiffyLabs, financial institutions can seamlessly onboard customers, monitor collateral values, adjust loan-to-value (LTV) ratios, and ensure transparent customer experiences. Risk management is a cornerstone of successful LAS implementation. SwiffyLabs platform includes an advanced risk engine that detects red flags, continuously assesses collateral values, and enforces compliance. It provides governance that aligns with industry standards and regulations, offering a strong shield against market fluctuations. As the demand for LAS grows, financial institutions have a unique opportunity to capture this market segment. With structured processes, efficient technology, and robust risk management, LAS can be a key differentiator and growth driver. For forward-thinking institutions, now is the time to seize this opportunity. Do reach out to us to learn more. #LoanAgainstSecurities #FinancialInstitutions #YieldOpportunity #RiskManagement #InnovationInLending #SaaS #swiffylabs

This Diwali, let’s celebrate the light of innovation that drives us forward. May your homes be filled with joy, your hearts with peace, and your lives with success. Wishing everyone a prosperous and fulfilling Diwali! 🙏

On this auspicious Dhanteras, SwiffyLabs wishes you growth, wealth, and enduring success in every treasure you hold! Happy Dhanteras! 🙌