Novel Patterns

Novel Patterns brings innovations in terms of technologies for addressing business challenges and establishing competitive edge for our customers and working towards Financial Inclusion putting technology to use. Following is a quick snapshot of our Core Product Offerings. 1. Credit Assessment Robotic Transformation( C.A.R.T)- An offering to address automatic statement analysis of prospects/customers bank statements during credit analysis process, resulting in reduced turnaround time. Our value addition is lower TAT, competitive cost, pay per use and Machine Learning driven technology. Following are the key aspects of this offering – 1. eStatements analysis (pdf) 2. Scan statements analysis 3. Scanned passbook analysis 4. Fraud detection on eStatements 5. Statements acquisition through Net Banking In addition to processing Scanned Passbooks and Bank Statements which are the only source of Financial history available with bottom of the pyramid borrowers in India in Tier-3 & 4 cities, we are now extending the technology to underwrite borrowers without any formal financial documents as well with the use of Alternate Data. A mobile app which accesses the Smartphone data to analyse the creditworthiness of the borrowers to bring credit facility to them as well. Alternate data includes and is not limited to transactional behaviour, social listening, Smartphone usage etc. 2. Genesis- With the vision of transforming traditionally complex investment accounting and reporting needs into cost-effective and simplified solution, Novel Patterns brings in Genesis – A very simplified, cost-effective Cloud based Investment Management suite. Our product Genesis addresses portfolio and fund accounting needs of business/Organizations dealing in PMS, Hedge funds, Mutual Funds, Family business etc. Our value proposition is cloud based solution providing simplified as well as exotic accounting and reporting reducing your current operations cost by 30%. End to End back office operations supported by Reconciliations, NAV calculations, Asset class set-up, Clients on-boarding, Dynamic Fees calculation and many other advance features are part of this New age platform.