In a statement to the press, the company said that SPOT is a data platform developed with an objective to be a single stop solution for all financial products. It has a configurable workflow engine that allows origination, assessment, and fulfillment seamlessly for products like loans, credit card, and insurance.
The SPOT platform is integrated with paperless-focused features like eKYC, bank statement analysis, credit bureau check, credit memo generation and MCA integration among others. These features further allow real-time decision making on the application.
“The SPOT platform has been designed to reduce cost and effort without compromising on the delivery and security of data. We have leveraged distributed systems, cloud offerings, and serverless architectures to make our entire solution horizontally scalable. The platform is also fluid that can be constantly evolved to ensure we remain the market leaders in our space,’ said Manav Jeet, MD, and CEO, Rubique.