Finastra, a global financial software company, and Nammu21, a document intelligence FinTech, have announced a partnership aimed at automating the processing of complex credit agreements and accelerating loan onboarding.
The collaboration sees Nammu21’s technology integrated directly with Finastra’s Loan IQ Nexus Build API. Through this integration, credit agreements are automatically converted into structured digital data and fed into the Loan IQ platform, removing the need for manual interpretation and data entry that has historically delayed deal onboarding and created operational risk.
The partnership is designed to deliver tangible benefits across the lending chain. Agents and lenders gain improved accuracy and faster deal processing, freeing teams to focus on strategic lending decisions rather than administrative tasks. The solution also improves data quality and consistency throughout the loan lifecycle, supporting more scalable operations. For borrowers, the key benefits include quicker processing and more transparent deal execution.
Nammu21’s NEL Protocol is central to the solution, converting credit agreement provisions into structured, auditable digital data with traceable lineage from source provision through to output. The integration with Loan IQ is intended to modernise loan operations and, according to the companies, lay the groundwork for eventually moving credit markets on chain.
Nammu21 CEO Someera Khokhar said, “With this partnership, we’re removing the friction in lending that shouldn’t exist in the first place. Credit agreements sit at the center of loan markets, yet too much operational value remains trapped in unstructured text. Nammu21’s NEL Protocol converts credit agreement provisions into structured, digital, and fully auditable data with clear lineage from source provision to output. Integrated with Finastra’s Loan IQ, the partnership modernizes loan operations and delivers greater efficiency, transparency, and control across the current market workflows – while laying the foundation for moving credit markets on chain.”
Finastra Loan IQ product head Robert Downs said, “The market has been asking for greater automation in credit document processing and deal booking for years. This partnership delivers on that need by combining Nammu21’s document intelligence with our Loan IQ platform. The result is a solution that transforms data integrity and gives agents and lenders an automation tool that seamlessly integrates with how they already work. It’s simply about making their operations smoother.”
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