Onboarding a new commercial loan takes 2 weeks. It should take 2 hours.
Smartflow automates data extraction from credit agreements — 200+ fields in under 5 minutes — and pushes verified outputs directly into LoanIQ. Onboarding time drops from 2 weeks to approximately 2 hours.
The Problem
Commercial loan onboarding is one of the most labour-intensive processes in operations. For each new credit agreement, your team must:
- Receive a 200–500 page legal document via email.
- Manually read and locate 50–200 data fields across the agreement.
- Re-key each field into LoanIQ or your core banking system — character by character.
- Review and correct downstream validation errors caused by miskeyed data.
- File the original document across shared drives and email threads with no structured provenance.
The result: 8–20 hours per loan, error rates of 10–15% requiring rework, and an operations team spending up to 80% of its capacity on work that adds no analytical value.
When loan volumes grow, the only solution has been to hire more people. That is not a strategy — it is a cost escalation.
The Solution
- Automated extraction, not manual reading — Smartflow ingests the credit agreement and extracts 200+ structured fields: borrower details, facility terms, pricing mechanics, conditions precedent, agent and party information. Every field is linked to its source clause in the original document.
- Human-in-the-Loop review, not blind trust — Your operations officer reviews a structured summary of extracted fields. Low-confidence items are flagged for attention. The officer accepts, edits, or overrides — and moves on. The review takes minutes, not hours.
- Direct LoanIQ push, no re-keying — Verified extraction outputs are pushed directly into Finastra LoanIQ via native integration. No spreadsheet intermediary. No copy-paste. No manual entry.
Proof Points
| What | Result |
|---|---|
| Time to extract 200+ fields | Under 5 minutes per agreement |
| Automated extraction accuracy | 90%+ on structured fields |
| Post-HITL accuracy | 95%+ after Human-in-the-Loop review |
| Onboarding duration | Reduced from 2 weeks to approximately 2 hours |
| Ops processing time freed | 65–80% of repetitive manual effort eliminated |
| Rework from data errors | Materially reduced through evidence-linked verification |
Why Smartflow
- Built for APLMA/LMA loan structures — Smartflow understands the specific legal and financial vocabulary of syndicated credit agreements. Coverage is not generic — it is designed around the 200+ fields that matter for APAC commercial loan operations.
- LoanIQ native integration — No custom build required. Extraction outputs map directly to LoanIQ fields, reducing deployment time and operational complexity.
- Edge deployment — your data stays in your environment — Smartflow runs inside your own infrastructure. No loan documents are transmitted to external systems. Your data sovereignty is preserved by design.
Call to Action
Book a 30-minute live extraction session with your own documents. We will show you what Smartflow extracts from your agreements — in real time.
Contact your Smartflow representative or reach us at smartflow@marketnode.com
Loan Onboarding Automation is available in Smartflow Q1 2026. Smartflow is built and operated by Marketnode, a Temasek and SGX joint venture.