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Modernizing Mortgage: Pega Automates Products & Processes

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Overview.

A Vietnamese financial institution struggled with a legacy system hindering product innovation and policy updates. ABC implemented Pega for product automation, data extraction, and simplified processes, improving efficiency and customer experience. 

Challenges.

  • Inflexible legacy system hampered new product rollouts. 
  • Poor system performance limited scalability. 
  • Time-consuming policy updates slowed agility.

Solution.

  • Automated 7 product lines (loans & credit cards) with Pega's low-code platform.
  • Integrated BIX Extract for data warehouse reporting and insights. 

The Impact.

Metric Improvement
Manual Intervention Reduced
Scoring Process Automated
Credit Card Onboarding Faster
User Experience Enhanced
Policy Management Flexible

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