Enhancing Absa’s corporate loan pricing tools

Overview

Entelect is engaged with Absa (AIMS) as a software engineering partner working on various enhancements to Absa online quotes and application services.

These enhancements included new product additions, guaranteed products upgrades, digital signatures and advisor support portals for automation.

The Oberon project is a team engagement with the Absa CIB department to redevelop their corporate loan pricing tools throughout Africa from previously managed Barclay’s IP into a new central pricing engine within Absa’s domain.

The aim for the tool is to not only consolidate the different product houses across the bank into a single system but to allow for easier cross selling between these product houses in order to optimise sales and returns at a portfolio level.

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