Finastra, a financial software company, and Nammu21, a document intelligence firm, have joined forces to automate the processing of complex credit agreements and accelerate loan onboarding for agents and lenders.
The partnership sees Nammu21’s technology integrated directly with Finastra’s Loan IQ via its Nexus Build API. The system converts credit agreements into structured, digital data that is automatically populated within Loan IQ, removing the need for manual interpretation and data entry that has traditionally delayed deal onboarding and created operational risk.
For agents and lenders, the solution is designed to improve accuracy and speed up deal onboarding, freeing teams to concentrate on lending decisions and strategy rather than administrative tasks. The integration also aims to improve data quality and consistency across the loan lifecycle, supporting more scalable operations. Borrowers stand to benefit from faster processing times, greater transparency, and more efficient deal execution.
Nammu21 becomes the latest FinTech to connect with Finastra’s Loan IQ Nexus Build API, a platform that allows third-party technologies to integrate with Finastra’s core lending infrastructure.
Nammu21’s NEL Protocol is central to the solution, transforming credit agreement provisions into structured, digital, and auditable data with clear lineage from source provision to output. The integration with Loan IQ is intended to modernise loan operations and, according to the company, 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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