Credit, collections & insolvency news
Insolvency, credit and debt recovery software solutions provider, Aryza has announced the launch of a new SME Open Finance product called Vantage.
Combing various data sets, Vantage is the first B2B2C platform that delivers actionable insights within a customer permissioned environment that allows all parties to benefit from its shared components. It offers a best-of-breed cashflow management and forecasting tool for both lenders and SME owners.
Vantage encompasses two products Aryza Vantage B2B and Aryza Vantage SME. The product has been designed for lenders, underwriters and insolvency practitioners to support their digital transformation processes. Aryza Vantage SME, a product currently in development, is directly aimed at SME owners.
Commenting on the product launch, Andrea Varga, Head of Innovation, said “We are very excited to launch the first version of our B2B product and we hope that the launch of Aryza Vantage B2B will disrupt how financial institutions and other corporates communicate with their customers and make decisions when it comes to SME lending, restructuring work or insolvency assessments. Our aim is to improve the efficiency and cost of underwriting, CVAs and Bank Reviews through Open Finance technology, expert analytics and strategic partnerships.”