Case Study

Transforming Core Lending: 50 Million Loans Migrated for Leading Asian Financial Institution

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In a dynamic and fast-evolving lending landscape, one of Asia’s leading financial institutions set out to transform its core lending operations to support rapid growth, meet complex regulatory demands, and deliver superior experiences to its customers. With a diverse portfolio spanning consumer, housing, gold, commercial, and business loans, the financial institution needed a unified, future-ready platform to manage increasing volumes and operational complexity.

By partnering with Pennant and implementing the pennApps Lending Factory (PLF) platform, the institution successfully migrated over 50 million loans and 100+ million customer records, one of the largest and most sophisticated data migration programs for loan management system (LMS) in the global lending ecosystem. The transformation replaced fragmented legacy systems with a robust, scalable, and agile servicing backbone designed for the digital age.