Finastra partners with Nammu21 to automate credit document processing in Loan IQ

Finastra has partnered with Nammu21 to automate one of the most time-consuming steps in loan origination, converting complex credit agreements into structured digital data.

The integration brings Nammu21’s document intelligence technology directly into Finastra’s Loan IQ platform via its Nexus Build API. The system extracts key information from credit agreements and automatically populates loan data fields, removing the need for manual interpretation and data entry.

Credit documentation has long been a bottleneck in lending. Agreements are often lengthy, highly structured and difficult to process quickly, which slows onboarding and increases the risk of inconsistencies. By digitising this process, the partnership aims to improve both speed and accuracy.

For lenders and agents, the impact is operational. Faster onboarding allows teams to move deals through the pipeline more efficiently, while improved data consistency supports better monitoring across the loan lifecycle. It also reduces reliance on manual processes, which remain a major source of delay in syndicated and structured lending.

Someera Khokhar, CEO of Nammu21, said the technology converts unstructured legal text into auditable, structured data with clear traceability back to source documents. Finastra said the integration responds to growing demand for automation in credit processing and deal booking.

The move reflects a broader shift in lending infrastructure, where banks are investing in tools that improve data quality and reduce operational friction across increasingly complex credit markets.