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Paul Merchants Finance gets a New Core Banking System from Sesame Software (A Speridian Co)

Chandigarh [India], September 29 (ANI/PRNewswire): Sesame (A Speridian Co) was chosen as the transformation partner by Paul Merchants Finance and has successfully implemented its Beacon Loan Management System and digital lending solution at Paul Merchants finance Ltd. Sesame (A Speridian Co) has equipped Paul Merchants with a Loan Origination system, Loan management system, and digital lending platform. Paul Merchants Finance has replaced its legacy LOS and LMS system with the state-of-the-art digital platform from Speridian to support its growth strategy. The new system went live in June 2022. The new system, Beacon Banking Solutions will increase business efficiencies, provide faster services, improve the overall customer experience journey, and will help to improve the speed at which newer products and schemes can be launched. The new system will provide faster processing of loans, payments, and data analytics. The Beacon core system was implemented anticipating the fast expansion a

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