ACTICO, the decision automation company, today announces that HDFC Ltd., the largest mortgage finance company in India, has signed for ACTICO Rules for decision and business rules automation.
HDFC Ltd., pioneer in Housing Finance in India, will enhance decision automation in its existing business process with the help of ACTICO Rules to bring in more agility in the credit appraisal. This will help the organization to keep up with the expectations of millennial customers in the current digital arena.
ACTICO Rules is a part of ACTICO’s ground breaking Decision Management Suite for automating and optimizing operational decisions.
HDFC Ltd. will be able to make quick changes in the configuration and deployment of business rules whilst reducing the iteration cycle between the business and IT.
“We believe that a platform partner like ACTICO can assist us in ensuring superior decisioning that will help quickening the approval process while maintaining the quality of assets which will help us to deliver enhanced customer experience.” Mr. Arivazhagan – CIO, HDFC Ltd.
Ajit Shah, MD at ACTICO mentions, “HDFC is a pioneer in housing finance in India and we are proud that they selected ACTICO Rules for decision automation. We see this as a long term partnership and HDFC as an anchor customer for us in India, a strategic market for ACTICO.”
About HDFC Ltd.
HDFC is a pioneer in providing housing finance in India since 1978. It is India’s leading financial services conglomerate with presence in banking, asset management, life insurance, general insurance, real estate venture fund, education loans and education. With their customized solutions, they have fulfilled over 6.2 million dreams since inception. HDFC provides home loans to individuals.
The company has become a role model for a number of countries that have begun to establish their own housing finance institutions. HDFC Ltd. has also undertaken several consultancy assignments in housing finance in various countries across Asia, Africa and East Europe.