Rubique develops a data platform for industry use

BENGALURU: Mumbai based loan sourcing platform Rubique has developed SPOT (Single Point of Truth) – a data platform which links all stakeholders in the ecosystem like financial institutions, business associates and business partners.

In a statement to the press, the company said that SPOT is a data platform developed with an objective to be a single stop solution for all financial products. It has a configurable workflow engine that allows origination, assessment and fulfilment seamlessly for products like loan, credit card and insurance. The SPOT platform is integrated with paperless-focused features like e-KYC, bank statement analysis, credit bureau check, credit memo generation and MCA integration among others. These features further allow real time decision making on the application.

“The SPOT platform has been designed to reduce cost and effort without compromising on the delivery and security of data. We have leveraged distributed systems, cloud offerings and serverless architectures to make our entire solution horizontally scalable. The platform is also fluid that can be constantly evolved to ensure we remain the market leaders in our space,' said Manav Jeet, MD and CEO, Rubique.


SPOT is a cloud based multi-tenant solution with utmost focus on data security, privacy and fraud mitigation to be regulatory compliant and be the front runner in the field of digital transformation in the fintech sector.