Lightspeed Platform has 4 main modules:
ONLINE ORIGINATION
will provide lenders a simple, intuitive user interface for online loan origination. It will be configurable front-end portal that provides a differentiated experience for retail/small business loans and other multiple digital products.
AI SCORING
will provide algorithm based full-cycle scoring and underwriting for SMEs.
LOAN MANAGEMENT SYSTEM
will provide a complete, agile loan servicing and management application that will give Financial Institution complete control of lending products and will provide support for all lending needs.
CUSTOMER DATA MANAGEMENT
will give a complete view of all clients and business in one place, will organize and segment customer data so that lenders easily break down outreach by age, gender or business to gain complete customer view and use client data efficiently through digital marketing.
Lightspeed Platform has it's Billing system, where LAAS Clinets can see generated invoices.
LAAS Clients can set up preferences via Setting tab, where they can change password or change administrator permissions.
At last Lightspeed has an API to exchange data between different platforms worldwide.