Discover how generative AI is transforming loan origination and financial services in this webinar featuring Lakshmi Chandra (Lucky), Senior Solutions Engineer at Celestial Systems, and John McCambridge, Global Solutions Director for Financial Services at Dataiku.
Learn why most GenAI applications in banking remain internal-facing due to regulatory requirements, and explore real-world use cases driving millions in value through OCR automation, document processing, and workflow enhancement. See how AI-powered credit scoring now incorporates behavioral data and real-time information to reduce loan processing from weeks to hours while maintaining human oversight and strict audit trails.
The session showcases Celestial Managed Services’ modular LOS architecture, built on configuration rather than customization. This approach enables plug-and-play compliance modules, seamless integration with existing banking systems, and typical implementations of just 8-16 weeks to achieve up to 90% reduction in manual processes. We also address critical security considerations, including on-premise and private cloud deployment options, and discuss the practical challenges of scaling GenAI across organizations while maintaining governance and regulatory compliance.
The key insight: GenAI doesn’t just create efficiency gains, it enables entirely new products and services that were previously unprofitable to offer, allowing banks and credit unions to compete with more agile fintech competitors.
