Lending portfolios live or die by accounting accuracy. Schedule drift, mis-classified NPAs, missed provisioning and late regulator returns are what take down lenders — not lack of customers. Redian Software's Loan Management System (LMS) keeps your loan book in audit-ready shape from day one. CMMI Level 3 Appraised, ISO 27001 and 9001 certified, with nine years of production BFSI delivery across 200+ enterprises from Noida, Nairobi, Dubai, London and New York — deployed for SACCOs, MFIs, NBFCs and commercial banks across India, East Africa and the UAE.
What we deliver
- Product configuration — retail, SME, agri, group and consumer lending products, with configurable rates, fees, tenures, moratoriums and repayment cycles.
- Disbursement — bank transfer, mobile money, cheque, cash and agent-network disbursement, with maker-checker.
- Schedule generation — EMI, EI, bullet, step-up, step-down, moratorium and restructured schedules.
- Repayment processing — cash, cheque, bank transfer, mobile money, standing instruction, agent network, and auto-debit.
- NPA classification — configurable stage buckets (RBI DPD, IFRS 9 ECL staging), automated provisioning, movement reporting.
- Restructuring and settlement — configurable restructuring workflows, settlement letters, write-off flow.
- Collections — bucketed dunning, agent allocation, field-visit workflow and outcome capture.
- Regulatory reporting — RBI, CBK, CBN, NAICOM, BCEAO and BEAC-ready report packs.
- Integration — core banking, bureau, KYC, GL, payment rails and origination system.
Who we build this for
- SACCOs, credit unions and cooperative financial institutions
- Microfinance institutions running group and joint-liability lending
- NBFCs and digital lenders needing IFRS 9-compliant accounting from day one
- Commercial banks running retail, SME, agri and consumer lending under one LMS
- Cross-border lending groups under multiple regulators
- Corporate captives, fleet financiers and asset-backed lenders
Our approach
Discovery — product catalogue, regulator scan, current-LMS audit, integration map, and a written proposal. Configuration and custom build — product factory and workflows configured; custom pieces built for fit gaps. Working software in UAT every two weeks. Data migration — extract, cleanse, reconcile; three-cycle trial migration to UAT before live cutover. UAT and reconciliation — business UAT with operations, risk and finance; portfolio reconciliation against outgoing system. Go-live and parallel run — staged cutover with new plus legacy running in parallel where the risk demands, hypercare, weekly steering. Run and evolution — SLA-backed support, monthly maintenance release, quarterly business review. Timeline committed at end of Discovery, in writing.
Why Redian for loan management
- Audit-defensible accounting — configurable NPA staging, IFRS 9 ECL, RBI DPD; provisioning traceable to source transactions.
- CMMI Level 3 Appraised, ISO 27001 and 9001 — evidence packs the regulator and internal audit expect.
- BFSI-native engineers — nine years of production LMS delivery across banks, MFIs, SACCOs and NBFCs.
- Regulator-aware — RBI, CBK, CBUAE, CBN, NAICOM, BCEAO and BEAC oversight experience.
- Ridge — cloud LMS for Kenyan SACCOs — a live cloud LMS product under our stewardship; free trial at lms.rediansoftware.com.
- Ties to origination and core banking — one accountable team across the lending lifecycle.
- Multi-region delivery — Noida, Nairobi, Dubai, London and New York.
Where we have delivered
LMS programmes across India, Kenya, UAE, UK, Canada and Australia, with additional programmes in Nigeria, Ghana, Tanzania, Uganda, Rwanda, Ethiopia, Cameroon, South Africa and Saudi Arabia. Reference deliveries include the loan-side surfaces of a core banking rollout for a Cameroonian commercial bank.
Working with Redian
Send us the current LMS, the portfolio you manage and the regulator. A senior banking consultant responds inside one business day with a written first read and a phased proposal. NDAs signed on request. Start at /contact or read the loan origination and banking practice pages for the full lending lifecycle.
