With our financial mathematical calculation kernels, you can integrate modern banking expertise directly into your existing processes. This allows you to increase efficiency, standardize, optimize and automate your processes, thereby reducing your process costs.
The calculation service is available to you for a wide range of financial mathematics topics and offers you extensive application options: from the design and conditioning of innovative financing or investment products to income and risk controlling and cost management through to sophisticated solutions for special requirements.
In addition to simply calculating the financing rate, our solution also covers the configuration of all standard financial products on the market. This allows you to combine any products with services or insurance, offer promotional products or integrate commission and subsidy calculations - exactly how you want to offer the product on the market.
A calculation method is used to fundamentally define the progression and interest rate methodology of financial products that can be created on the basis of the calculation method. Within this framework, different parameters (interest rate, term, installment deferral, etc.) can be maintained individually by the financial service provider and enable the individual and flexible design of financial products.
In order to reduce the maintenance effort, different products are bundled into so-called product groups, which are then made available to selected trading partners. Additional products or promotional products can be made available to selected partners.
The pure financial product can be extended with configurable services to suit requirements. This includes insurance (payment protection, property protection), maintenance and wear and tear, freight costs/registration, tire service, vehicle tax, fuel and service cards as well as a wide range of supplementary service products.
The entire financial product, including all services, can be fully configured and administered. A comprehensive set of rules controls which "manipulations" (limits for residual values, down payments, maximum commissions, terms, etc.) are possible for the user within a financial product.
The interest rate methodology defines the behavior and administrability of the external market interest rate (customer interest rate) and the internal market interest rate that the financial services provider offers to the sales partner.
In order to be able to individually determine the external market interest rate for each application based on different criteria, it must not be rigid, but must be flexibly changeable per calculation method (risk of the transaction). Based on selected parameters (loan amount, down payment, property age, number of selected service products, etc.), interest premiums or discounts can be derived, which are directly reflected in the external market interest rate.
The financial service provider's product portfolio is usually sold by sales partners such as dealers or brokers. For this reason, it is important to give the seller/submitter an incentive to promote the sale of financial products by offering the prospect of incentives in the form of commission (unit, turnover, interest, insurance).
The solution enables the fast and reliable creation of concrete financing offers (credit and leasing) instead of general reference calculations.
The calculation can be adapted to individual requirements using data to be entered by the dealer or end customer, such as contract term, residual values, down payments or interest rate. The user always remains within the limits that are centrally controlled by the financial services provider.
Customers often have specific ideas about how high their financing rate should be or how much down payment they want to make in the financing transaction. To support this process digitally, the calculation kernel offers the option of optimizing for a wide range of target figures. For example, by entering a desired rate, further calculation parameters (such as term, down payment or residual value) can be optimized with a single click.
Our calculation engine has been market-proven for many years and is developed further in close cooperation with financial service providers. Current requirements of financial and supervisory law as well as new technical requirements are regularly implemented.
Can be used for point of sale, comparison portals and websites of manufacturers, retailers, financial or service providers. Data validation and control of the financial mathematical functions are fully integrated into the calculation services and can be used via REST API.
For the presentation of financing rates on portals, dealer or manufacturer websites, it often makes sense to pre-calculate different calculations and generate them "in advance". The calculation kernel also provides all the functions for this and enables batch processing of bulk calculations.
The reference surfaces can be individually adapted to existing corporate design specifications. This also enables sales in the area of white labeling solutions.
All parameters for service and financial products can be entered completely online. Thanks to the central management of financial products, the interest rates and terms offered are always up to date and therefore correspond to the respective specifications of the financial service provider.
Our solution closes the digital gap between the product presentation on websites and portals and the actual financing and service offer. The direct transmission of all calculation data and seamless data processing optimize lead generation and closing rates.
Our solution can be flexibly integrated into the manufacturer's or retailer's website, into comparison portals or into individual platforms of the service or financial service provider.
The validation of the data and the control of the calculation engine are fully integrated in the calculation service.
