{"id":738,"date":"2021-06-03T05:43:46","date_gmt":"2021-06-03T05:43:46","guid":{"rendered":"https:\/\/www.sagaratechnology.com\/blog\/?p=738"},"modified":"2021-12-02T08:44:06","modified_gmt":"2021-12-02T08:44:06","slug":"financial-software-advanced-by-finx","status":"publish","type":"post","link":"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/","title":{"rendered":"Financial Software Advanced by FinX"},"content":{"rendered":"\n<p>FinX&nbsp;builds advanced financial software that helps businesses dominate the competitive financial&nbsp;industry to&nbsp;become competitive agile and flexible.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f23a1057816\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f23a1057816\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#Introducing_Sagara_Technology\" >Introducing&nbsp;Sagara&nbsp;Technology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#How_Financial_Software_Works\" >How Financial Software Works?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#Four_Fintech_Category\" >Four&nbsp;Fintech&nbsp;Category<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#Investment_and_risk_management\" >Investment and risk management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#Payment_clearing_and_settlement\" >Payment, clearing, and settlement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#P2P_lending_and_crowdfunding\" >P2P lending and crowdfunding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/#Market_aggregator\" >Market aggregator<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Introducing_Sagara_Technology\"><\/span><strong>Introducing&nbsp;Sagara&nbsp;Technology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Introducing&nbsp;<a href=\"https:\/\/www.sagaratechnology.com\/en\" target=\"_blank\" rel=\"noreferrer noopener\">Sagara&nbsp;Technologies<\/a>.&nbsp;FinX.<\/p>\n\n\n\n<p>FinX has established a P2P lending or crowdfunding library for your financial software systems.<\/p>\n\n\n\n<p>First is the online loan submission where on the one hand user or the borrower is able to submit their personal data in order to borrow the loan.&nbsp;On the other hand, the admin assesses the information submitted to give the scoring in the form of numeric, documents, or text.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How_Financial_Software_Works\"><\/span><strong>How Financial Software Works?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The user submits their personal data like their ID card with a selfie which will then be sent to&nbsp;Dukcapil&nbsp;for the authentication process.&nbsp;Related to the numeric input as previously mentioned the admin approves the data submitted by the borrower and sees the scoring and it will automatically update the loan grade.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"850\" height=\"391\" src=\"https:\/\/www.sagaratechnology.com\/blog\/wp-content\/uploads\/2021\/05\/Financial-Software-Advanced-by-FinX1.jpg\" alt=\"\" class=\"wp-image-756\"\/><\/figure><\/div>\n\n\n\n<p>When the borrower passed the digital verification along with the scoring, the admin carries out an assessment or analysis to&nbsp;either approve and&nbsp;reject the loan.&nbsp;The admin publishes the loan in the marketplace where the lender funds the loan to the borrower.<\/p>\n\n\n\n<p>And lastly, when the funds have been collected the admin can make disbursements for the approved borrowers.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Four_Fintech_Category\"><\/span><strong>Four&nbsp;Fintech&nbsp;Category<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At the same time,&nbsp;FinX&nbsp;provides the four fintech categories in our library, such&nbsp;as&nbsp;:<\/p>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"Investment_and_risk_management\"><\/span>Investment and risk management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"Payment_clearing_and_settlement\"><\/span>Payment, clearing, and settlement<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"P2P_lending_and_crowdfunding\"><\/span>P2P lending and crowdfunding<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h3><span class=\"ez-toc-section\" id=\"Market_aggregator\"><\/span>Market aggregator<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>With&nbsp;FinX&nbsp;it is scalable provides competent tech expertise and is fast.<\/p>\n\n\n\n<p>Sagara&#8217;s\u00a0dedicated<a href=\"https:\/\/sagaratechnology.com\/blog\/benefits-of-fintech-and-business-development-in-indonesia\/\">\u00a0fintech<\/a>\u00a0developers foster\u00a0a deep understanding of the financial regulatory and frameworks, where we composed advanced risk analytics and compliance management solutions.\u00a0Ready to accelerate your fintech service?<\/p>\n\n\n\n<p>FinX, a complete tech solution for the financial industry.<\/p>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons is-content-justification-center\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.youtube.com\/watch?v=MHr61r3-sH4&amp;t=55s\" target=\"_blank\" rel=\"noreferrer noopener\">See more<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FinX&nbsp;builds advanced financial software that helps businesses dominate the competitive financial&nbsp;industry to&nbsp;become competitive agile and flexible. Introducing&nbsp;Sagara&nbsp;Technology Introducing&nbsp;Sagara&nbsp;Technologies.&nbsp;FinX. FinX has established a P2P lending or crowdfunding library for your financial software systems. First is the online loan submission where on the one hand user or the borrower is able to submit their personal data in&#8230;<\/p>\n","protected":false},"author":14,"featured_media":739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,109],"tags":[112,98,45,33],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Software Advanced by FinX - Sagara Asia Blog<\/title>\n<meta name=\"description\" content=\"Financial software advanced that helps businesses dominate the competitive financial industry to become competitive agile and flexible.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sagaratechnology.com\/blog\/financial-software-advanced-by-finx\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Financial Software Advanced by FinX - 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