Recognized in the Innovative Digital Transformation for Banking category of the awards

Lending Factory provides the desired modularity, flexibility, and composition that enables financial institutions to effectively adapt to changing market environments and accelerate time to market.

— Pradeep Varma, Director and Co-Founder, Pennant Technologies

HYDERABAD, TELANGANA, INDIA, March 11, 2022 /EINPresswire.com/ — Pennant Technologies, a leading FinTech company delivering future-ready solutions to the global banking and financial services industry, has been named a finalist in the Innovative Digital Transformation for Banking category of the 12th Annual Aegis Graham Bell Awards. Flagship product of Pennant, pennApps Lending Factorywas nominated for his innovative and transformational abilities to streamline and improve the lending operations of financial institutions.

Aegis Graham Bell Awards (AGBA) is a tribute to Alexander Graham Bell, the great innovator and father of telephony, and focuses on promoting and recognizing innovators and their innovations. The award is an initiative of the Aegis School of Data Science, Cyber ​​Security and Telecommunication and is supported by the Ministry of Electronics and Information Technology, Government of India; Skill India and NIC (National Computer Center, an office under the Ministry of Electronics and Information Technology).

The lending industry is undergoing a tectonic shift in terms of consumer expectations, engagement channel, and rapid integration of the Fintech ecosystem, among others. Financial institutions need to leverage the right lending platform to meet their digital transformation needs for faster loan processing, 24/7 service availability, omnichannel experience delivery, and more . pennApps Lending Factory, a state-of-the-art, end-to-end lending platform, with its next-generation application framework and use of functional factories and business process-driven execution engines, helps financial institutions to improve business agility and deliver differentiated customer experiences and drive operational efficiency.

“We are delighted to be named finalists for these prestigious awards,” said Pradeep Varma, Principal and Co-Founder of Pennant Technologies. “pennApps Lending Factory provides the desired modularity, flexibility, and composition that enables financial institutions to effectively adapt to changing market environments, accelerate time-to-market, and shape experiences who forge strong relationships with customers.”

“Along with all the other sectors evolving, the banking sector is also growing at a rapid pace. The technology service provided by the innovation ‘pennApps Lending Factory’, it would be interesting to see how this technology will effectively meet all lending needs under one platform. I extend my best wishes to Pennant Technologies for their innovation” Bhupesh Daheria, CEO of Aegis School of Data Science, Cyber ​​Security and Telecommunication and Founder of AGBA.

Pennant has won numerous global accolades, including being a top candidate in Everest Group’s PEAK Matrix assessment for consumer lending systems.

For more information on rewards, visit: https://bellaward.com/finalists/

About Pennant Technologies

Pennant Technologies is an agile and innovative FinTech company that provides future-ready, easily adaptable and configurable products and solutions for global banks and financial services companies. Our customer-centric approach and market-centric innovation help our clients transform their business operations, deliver differentiating customer experiences and drive competitive advantage. We provide agile software solutions for customer experience management, lending operations, payment processing systems and specialized Islamic banking solutions.

Founded in 2005, Pennant Technologies is headquartered in Hyderabad, India, and has offices and technology centers in the UK, Dubai, Hyderabad and Visakhapatnam. To learn more, visit: http://www.pennanttech.com/

Shrinivas K Rao
Pennant Technologies
+91 40 4223 4400
[email protected]
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