The lifecycle of financial products
Starting in 2016, we created Qinetic, an innovative open banking-oriented management platform, to manage the entire lifecycle of typical consumer credit products: from meeting with the customer to relationship management and debt collection, including administrative, institutional reporting and regulatory components.
Accessibility and simplicity
A market undergoing deep transformation
Skills, Projects and Services
QUID assisted CTC in the development of SIC+, the current database, gaining a deep understanding of credit assessment issues. Most notably, the following are under development:
- Customer interface (including Payment Service User) through a specialised Web App, which allows CTC, as Account Information Service Provider (AISP) to access payment accounts;
- Integration with Application Programming Interfaces (APIs) and Value-Added Services provided by the CBI platform;
- Integration with an analytical engine to analyse PSD2 data and create a set of indicators/KPIs and a specific score, in collaboration with the University of Milano Bicocca;
- Integration with the information systems of financial institutions to provide the output of the analyses, with special reference to the scoring of loan applicants.
Quid provides the Application Maintenance service on its own applications and on standard market platforms. Customers benefit from our expertise by realising substantial savings. We develop application integrations and offer consultancy, including design consultancy, and streamline processes by working alongside the customer. We monitor platforms on site and remotely, and provide support in training the customer’s own IT staff.
Quid has carried out projects including the (i) development of DWH (Data WareHouse) systems to collect economic and financial data from different sources and compare them; (ii) definition and maintenance of a statistical universe for claims; (iii) definition of reports for querying portfolios and a single database, improving settlement times while interfacing with anti-fraud systems.