E-ON EPI is a cloud application platform that serves many networked users for functions performed through the web by the various departments of a Bank or Financial Organization and by its sales channels. Sales Channels include Headquarters, Credit and Risk Departments, Branches, Merchants, Dealers, Representatives, Insurance Companies, Call Centers and more. Functions include Proposals, Calculators, Applications, Credit Scoring, Status Management, Printouts, Reply Letters, Cash Outflows, Renewals, Settlements, Collections, Delinquencies, Reporting and Journal Entries. It is a fully customizable parametric tool that allows quick development of a "cloud" Portal for access to knowledge, information and applications. It links the front office and back office processes to the main legacy systems and interfaces with third party systems, such as Central or other Banks and Data Banks. Its parametrical built architecture enables to create new products or add new users and new locations in a very short period of time. It is a workflow management platform that it functions and adapts accordingly to the workflow needs of each company. It is a document management application that creates complete electronic files by case, including all relevant documents (contracts, claims, etc), by customer, supplier, business partner etc.. It is a CRM application for the management of information related to customers and the management of all sales and marketing activities.

Business information

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  • Functional details

    It covers applications for personal and consumer loans, mortgage loans, credit cards, investment products and insurance products. It covers all front office functionality (application forms, calculators, documents, proposals, contracts etc) and all back office processes including risk assessment flows, approvals, customer evaluations, Loans Lifecycle and Collections, credit officers’ performance and productivity management. It also covers all financial management processes including GL entries, Updates of GL Accounts, Cash and Bank Accounts, Fixed Assets Master Data, Loans and Notes Management and all relative Financial and Legal Reporting to Central Bank and other regulatory authorities.

  • Business problem

    e-On EPI is based on several Best Banking and Business Practices. It offers standardized workflows and parameters, which allow retail banks to quickly add new product offerings and new entities – sales channels while minimizing training requirements and maximizing staff knowledge. A relatively inexperienced person is able to perform complicated credit officer or credit risk, assessment and management workflows.

  • Business opportunity

    Ε-ΟΝ EPI has been developed with Internet technologies. It can be installed in premises and become a private "cloud" for the bank its business partners and their sales network or they can use functionality from our own secure public "cloud" as a "SaaS - Software as a Service" solution. In this case there will be no investment in any kind of hardware or software, but they will have their own secure space on our own servers since E-ON EPI is a multi tenant solution and they will pay a monthly subscription fee per user. In any case the benefits will be: AUTOMATION, PRODUCTIVITY and EFFICIENCY in everyday operations since It streamlines processes and offers a homogenous platform to serve all existing products and future ones. It integrates with back office and legacy systems so it eliminates double entries or "errors”. It offers a robust and accurate Risk management and minimizes credit risk. INCREASED PROFITABILITY since it helps obtain more loans and other banking products through a robust and fast credit approval process. FLEXIBILITY and EXPANDABILITY since it can easily accommodate new functionality and future enhancements, new users and new locations and SCALABILITY in terms of volume handling and security. ENHANCED COLLABORATION AND COMMUNICATION since it can serve all potential SALES CHANNELS which have access and share the same current and valid information. It is easily accepted by external users. It is user friendly so minimum training is required. ACCESSIBILITY with no restrictions of time or location.

  • Return on investment

    30% - 50% reduced processing effort due to flexible workflow environment and automated procedures. 20% savings from less paper based procedures. 20% - 40% increased productivity from multiple “processes” execution environment and elimination of human errors. 15% reduced training costs. Helps win market share by quick offering of new products (parametrically formed) directly at the POS. Helps meet demand for instant credit, because it executes more than 10 automated processes for credit approval according to the Risk Management rules of each Bank. For example one of our clients takes 20 minutes to respond to a request for credit, posted through E-ON EPI, by a big retailer.

  • Competitive advantage

    E-ON EPI has workflow logic and it is Customer centric. It has embedded CRM functionality (tasks, events, calendars, campaigns) and Approval Process Customization functionality including Credit Scoring and other interfaces with External Sources (other back-office systems) or external Organizations such as “Black Lists”. It is integrated and on-line with an embedded Accounting module and it also offers Loan back-office capabilities. E-ON EPI offers Modular architecture, extended parameterization, User Authentication and Authorization. It supports Multi-sites and multi-countries. It is Flexible and Expandable and it easily accommodates new functionality and future enhancements or new modules. It is user friendly so minimum training is required. There is an Embedded Report Generator and Job Schedulers for Automated Flows Execution (i.e. End of Day procedures).

  • Industries

    Banking Industry

  • Customer size

    Very Small Business (Less than 50 employees)
    Small Business (50 to 99 employees)
    Midmarket Business (100 to 499 employees)
    Midmarket Business (500 to 1000 employees)
    Large Business (greater than 1000 employees)

  • Languages supported

    Greek, Modern

  • Countries/regions available for distribution

    Canada , United States

Technical information

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  • Hardware/OS platforms

    Windows Server 2003
       Hewlett-Packard servers (incl. Compaq)
       Other non-IBM servers
       Fujitsu Siemens servers
       IBM BladeCenter HSxx (Intel processor-based)
       IBM BladeCenter LSxx (AMD processor-based)
       Dell servers
       System x

  • Services

    Business Solutions: Application Innovation
    Business Solutions: Customer Relationship Management
    Business Solutions: Financial Management
    Custom Systems Integration Services
    e-business Services
    Services: Application Implementation
    Services: Application Management
    Services: Custom Application Development
    Services: Integration
    Small & Medium Business Solutions

Date last modified:    Dec 6, 2016

Contact information

Ekaterini Louropoulou



+30 210 6018700

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