LeanDev brings latest financial software solutions to China

The same passion that has raised the efficiencies of leading European financial institutions will soon sweep Asia, starting in China. Lean, agile and continuously innovating, Swedish financial software specialist LeanDev will introduce its cutting-edge solutions on the mainland this year, giving potential local clients a technological edge in the market. 

"Through creative dialogues, we're able to understand what customers actually need," says managing director Per Nyfelt, who speaks fluent Putonghua. "We use top modern technologies to deliver a high degree of automation."

LeanDev combines the Swedish heritage in banking security with the talent of its product development team in Beijing to customise premium software systems in the most cost-effective manner possible. Focused on product development and consulting services, the company offers the LeanDev Financial Platform, its common framework for three main offerings: Lean Deposit, Lean Loan and Lean Analytics. 

Lean Deposit allows bank customers to completely manage their accounts using a highly secure electronic ID on the web. 

Similarly, Lean Loan enables clients to handle volumes of borrowers with minimal staffing. To illustrate, running these two products could automate a bank's processes and cut the required number of customer service representatives from 20 to only two. Lean Analytics, meanwhile, enables clients to maximise income and minimise costs or risks by establishing a sophisticated data warehouse they can access to create all types of reports and forecasts. 

Combining an outsourcing strategy with local presence, LeanDev will offer its solutions in China this year. This move will be a prelude to the company's launch next year of other products, such as online platforms for peer-to-peer lending and crowdfunding.