to address automatic statement analysis of prospects/customers' bank statements during the credit analysis process, resulting in reduced turnaround time. Our value addition is lower TAT, competitive cost, pay-per-use and Machine Learning driven technology. The following are the key aspects of this offering –

1. eStatements analysis (pdf) 2. Scan statements analysis 3. Scanned passbook analysis 4. Fraud detection on eStatements 5. Statements acquisition through Net Banking

In addition to processing Scanned Passbooks and Bank Statements which are the only source of Financial history available with the bottom of the pyramid borrowers in India in Tier-3 & 4 cities, we are now extending the technology to underwrite borrowers without any formal financial documents as well with the use of Alternate Data. A mobile app that accesses the Smartphone data to analyze the creditworthiness of the borrowers to bring credit facilities to them as well. Alternate data includes and is not limited to transactional behavior, social listening, Smartphone usage, etc.

2. Genesis- With the vision of transforming traditionally complex investment accounting and reporting needs into cost-effective and simplified solutions, Novel Patterns brings in Genesis – A very simplified, cost-effective Cloud-based Investment Management suite. Our product Genesis addresses portfolio and fund accounting needs of businesses/Organizations dealing in PMS, Hedge funds, Mutual Funds, Family businesses, etc. Our value proposition is a cloud-based solution providing simplified as well as exotic accounting and reporting reducing your current operations cost by 30%. End to End back office operations supported by Reconciliations, NAV calculations, Asset class set-up, Clients on-boarding, Dynamic Fees calculation and many other advanced features are part of this New Age platform.