Cognition

Cognition is our leading software platform, designed and constructed to make the lending process as streamlined and efficient as possible. This highly flexible, completely customisable and scalable technology is developed and implemented individually for each client and their specific needs. Capable of automating the entire lending process from loan application to collections and payments, Cognition provides a secure, rapid and reliable solution, putting your teams firmly in the driving seat.

Cognition uses data and digital technology to automate the lending process..

  • Direct integration with existing systems and infrastructures
  • Digital data capture to reduce human error
  • Rapid data retrieval from third party agencies and credit bureaus
  • Automated underwriting that generates instant loan decisions
  • Paperless credit agreements with secure electronic signatures
  • E-docs for more efficient multi-channel customer interactions
  • Straight through processing that speeds up transaction times
  • Digital audit trails to automatically log all actions and events

Cognition delivers a formidable return on investment by..

  • Ensuring that point-of-sale credit is more accessible in-store and online
  • Making borrowing more attractive and convenient to consumers
  • Providing introducers with easy-to-use interfaces and sign-up procedures
  • Taking customers quickly out of the market
  • Helping lenders reduce their cost base
    • automating the entire lending process from data capture to collections
    • providing an SaaS alternative to avoid major IT infrastructure expenses
    • negating the need for costly hardware, software and network upgrades
    • maximising overdue payment recovery
    • avoiding costly delays by getting you up and running speedily
    • enabling you to reallocate resources and make operational savings
    • ensuring your system is configured precisely as required, first time around

Client Success Story

Redline has provided us a flexible and scalable solution that has enabled us to expand our distribution channels and grow rapidly.

Paul Went, Products and Markets Director, Shawbrook Bank