Banking Technology Cloud Banking English News

ResultElf and Aura Cloud partners to bring lenders an efficient, optimized, next generation lending solution

Finland-based ResultElf Oy and Sweden-based Aura Cloud AB have signed a partnership offering banks and fintechs ResultElf´s AI-based credit decisioning and customer lifetime value optimization combined with Aura next generation core banking platform lending capabilities.

Through this cooperation ResultElf Oy and Aura Cloud AB will offer to its banking and fintech customers the opportunity to improve and optimize their credit origination by implementing the groundbreaking ResultElf´s AI decision model deployment solution “Cresso” and the flexible lending capabilities with the modular cloud native Aura core platform.

According to Prem Bhagwatsaran, CEO & Founder, Aura Cloud: “We are excited to start the co-operation with ResultElf Oy. Their cloud-based customer lifetime value optimization technology will bring benefits to our banking and fintech customers allowing them to better optimize their loan origination as well as loan portfolio management. We see this partnership as an essential addition to our current partnership ecosystem in Northern Europe and beyond.”

Jukka Suuronen, CEO & Co-founder, ResultElf Oy adds: “Our team is excited about this partnership with Aura Cloud”. ResultElf is focusing to help Financial Industry to optimize their decisions to increase efficiency in capital allocation for right customers. We are helping financial institutions, banks and fintechs to improve profitability and secure sustainable growth. We do see win-win-win-win partnership between ResultElf, Aura, financial institutions and their end customers.”

For more information about the partnership:
ResultElf Oy, Jukka Suuronen, CEO, Co-founder, [email protected] mob +358 40 841 6676
Aura Cloud AB, Tommi Lassila, Expansion & Partnerships, [email protected] mob +358 50 300 5898

About
ResultElf Oy provides next-generation credit decisions, lending strategies, and customer lifetime value optimization for digital banks and lenders. It helps to find optimal conversion, loan amounts, limits, and profitability for each customer segment. Additionally, it allows users to build and simulate scenarios to assess new business opportunities and quantify profits. ResultElf trusted AI optimization Software-as-a-Service solution is already deployed in three continents for the financial industry companies like banks, lenders and Fintech organisations.
www.resultelf.com

Aura Cloud AB provides a next generation core banking platform. The cloud native Aura platform is API-first and has the broadest functionality available to power innovative financial services. Aura has a range of different modules for Loans/Credits, Accounts/Deposits, Cards, Payments, Factoring, P2P, Loyalty and Rewards with full support for multi-currency, multi-entity setups and international expansion. Aura enables efficient operation, hyper flexible, fast implementation and integration thus providing fast ROI. Aura is ISO 27001 and ISO 9001 certified.
www.auracloud.com