Vanquis Banking Group Report August 2024 | Page 9

Digital lending technology supporting a transformation strategy needs to achieve commercial goals and deliver the functionality for business teams to realise their vision into the future . The effort taken to build and maintain any solution impacts both cost and speed of realising business benefits . Zoot ’ s approach focuses on delivering the lowest lifetime cost of ownership of any supplier in this space . We also reduce execution risk by using proven technology – an important factor for the Vanquis team .
Typical projects piece together the overall solution to build the big picture – just like a jigsaw – but how do you know if the pieces will easily fit together , or whether they work together at all ? The procurement and design process to address this can be time consuming and expensive . However , Zoot ’ s all-in-one Low-Code , Low-Integration technology means you can get the full origination picture out of the box ( but if you want a 1000 piece puzzle then stick to jigsaws !).
Our solution delivers a single data model underpinning modular cutting-edge components – origination screens , data hub , automated decisioning and case management – without the need for further integration .
Quite simply , our agile service delivers better solutions more quickly and is easily scalable to achieve volume growth and rapid deployment across new business opportunities . For Vanquis , technology no longer holds them back as their origination process evolves to meet business needs .
Vanquis ’ s rigorous vendor selection process identified the value Zoot adds . Our technology is embedded in the first phase of their transformation and is being rolled out across multiple lending products . As a further benefit of the relationship , Vanquis has also highlighted new use cases for the application of our tools with the potential for further savings in procurement effort and the benefits of building and deploying a familiar technology .
The ultimate efficiency is achieved by Vanquis users taking full control of the toolset . They are building external APIs and maintaining their business processes and lending logic independent of Zoot , confident that the pieces of their own digital jigsaw will fit together .
Contact us at hello @ zootsolutions . eu to discuss how we can help you complete your own jigsaw
www . zootsolutions . eu
Zoot Enterprises Ltd Platform , New Station Street , Leeds , LS1 4JB Telephone : + 44 113 246 8693