AccessFintech and Nammu21 partner on private credit loan space project
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AccessFintech and Nammu21 partner on private credit loan space project 20 November 2023UK Reporter: Lucy Carter
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AccessFintech has partnered with data analytics provider Nammu21 to improve loan data management processes in the private credit loan space.
Nammu21’s solution, which accesses and extracts data from complex credit agreements, will interoperate with AccessFintech’s Synergy platform. Clients will benefit from improved resolution processes, improving the efficiency, organisation and speed of the loan market.
Cory Olsen, head of loan products at AccessFintech, says: “We believe [Nammu21’s] technology will enhance our service by significantly reducing resolution time by offering easy access to key data points within lengthy credit agreements.
“Nammu21 and AccessFintech are in conversations with a number of major financial institutions regarding their onboarding to the Synergy platform. Their confidence in our product is a testament to our strong offering and shared commitment to being leaders in the loan space”.
Someera Khokar, founder and CEO and Nammu21, says: “Technology based solutions and collaborations across the market are vital in driving efficiency improvements in the loan ecosystem. We believe this market integration will be of great importance in helping our collective clients achieve greater operational efficiencies and transparency across their credit transactions."
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