Resimac Asset Finance Revitalizes Market Offerings with Antero’s Incept Platform
Antero, the Brisbane-based software company that developed Incept, Australia’s most innovative and customisable origination platform, proudly announces its successful partnership with Resimac Asset Finance (RAF), a division of ASX-listed Resimac Group Ltd (ASX:RMC) and a leading non-bank lender in Australia and New Zealand.
In late 2022, RAF selected Antero’s Incept, Australia’s most innovative and customisable origination platform, to elevate their market offerings and enhance operational efficiency.
“Exploring the market for a cutting-edge financial origination platform led us to deep-dive into several technologies. Antero’s Incept platform stood head and shoulders above the rest – it really impressed us with its ability to seamlessly integrate with and adapt to our business, without forcing us to reshape ourselves to fit its functionalities,” stated Ritchie Beltran, Head of Technology & Digital Transformation at Resimac Asset Finance.
The collaboration with Antero was about more than just adopting a new software platform; it signified a strategic partnership with Australia’s premier finance technologists. Recognising RAF’s unique requirements, Antero undertook a comprehensive, multi-phase onboarding process. This included detailed research, design and user experience (UX) optimisation, process enhancement, and technology consultation to deliver a bespoke solution tailored specifically for RAF.
“Financial services organisations in particular, from startups to established entities, are increasingly prioritising software interoperability to remain competitive” said Andrew Welstead, Managing Director of Antero. “Traditional ‘all-in-one’ platforms often limit unique differentiation, fostering a commoditised market approach and difficulty in standing out against competitors using the same stack. Conversely, Antero’s Incept platform offers unmatched configuration, agility across multiple workflows and limitless integration with third-party data and logic providers, enabling organisations to swiftly adapt to market changes and launch unique products.”
Incept’s deployment as a single-tenant solution per client ensures tailored adjustments, heightened data security, and the ability to meet specific business requirements. This model is particularly advantageous for institutions like Resimac Asset Finance, seeking a competitive edge through efficient and innovative technology.
Incept’s leading workflow engine ensures frictionless integration with any third-party providers, amplifying data enrichment and process improvement. For RAF, this translates to expedited decision-making and process efficiency, enabling them to maintain a competitive advantage.
The platform also features a fully configurable and white-labelled Broker Portal. This centralised hub streamlines interactions between brokers and RAF, encompassing customer data collection, loan calculations, document generation, and more, while adhering to rigorous compliance requirements.
“Antero’s Incept platform was ideal from a technical perspective, but it was really the diligence and responsiveness of their team that made all the difference. For the past 18 months, they’ve worked closely with Resimac Asset Finance to really understand our business and deliver a solution that adapted seamlessly to the specific requirements of our suite of products. The Broker Portal in particular is a game-changer, as it has given us a fully Resimac-branded portal to engage with our brokers” said Michael Moloney, General Manager at Resimac Asset Finance.
Resimac Asset Finance has already rolled out initial product offerings, with many more planned as they harness the power of the Incept platform. Antero remains a key partner in RAF’s strategic growth, committed to supporting their evolving market responses and expanding product suite.
Key Achievements:
$1bn settlements achieved through FY24, driven by the Incept platform
Average time for application completion as low as five minutes
A +240% increase in new settled customers since platform launch
Significant improvements across operational efficiency
About Resimac Asset Finance
Resimac Asset Finance is a division of ASX-listed Resimac Group Ltd (ASX:RMC), one of the leading lenders outside of the Big 4 in Australia and New Zealand, and part of a leading non-bank lending group that has been providing bespoke lending solutions to consumers and SMEs for more than 20 years.
About Antero
Antero is a leading provider of modern and customisable financial technology platforms and managed service offerings in the software and technology space. Their flagship product, Incept, offers workflows and integrations that adapt to each client’s unique processes, ensuring enhanced efficiency and market adaptability.