The Business Development Bank of Canada (BDC) is constantly looking for innovative solutions to increase the efficiency of its services and help its customers achieve their goals. In line with this, BDC has partnered with nventive to develop a solution that simplifies the loan application process for Canadian entrepreneurs.
nventive was mandated to design and produce a mobile application combining security and intuitiveness, to increase the productivity of BDC’s Account Managers during their financing meetings with entrepreneurs.
Thanks to a series of workshops, the BDC and nventive teams collaborated to design an unprecedented solution in the Fintech industry. Based on the restructuring of BDC's data services and approval process, the mobile solution aimed to simplify loan agreements without compromising neither the security nor quality of funding requests.
Building on their partnership with Apple, BDC and nventive collaborate to develop the BDC RSL application in Swift 3.0. Use of the app was limited to iOS devices, reducing security risks. Designed mainly for iPad, the application presents an intuitive interface (UI/UX), as well as an integration with the multiple systems in use at the BDC (CRM, ECF and several others).
The solution significantly augmented the productivity by reducing the time it takes to approve funding. The process in place, which used to take up to 10 days, now materializes requests in a few minutes, in front of the client. After hundreds of millions of dollars in simple loans granted, and a year later, the application is declared a great success by Apple and reaffirms the rank of nventive among the best independent app mobile firm for financial institutions. Our collaboration with BDC in their digital transformation still continues today.
Want to learn more about our work with BDC?
Send us a message and we’ll get back to you shortly.