Lending Labs Launches AI-Ready Lending Solution on IBM Cloud

Lending Labs has partnered with IBM to launch its enterprise orchestration platform, Ontoz, on IBM Cloud. This move is part of a larger trend in the Asia-Pacific region, where regulators are tightening data-residency and AI-governance rules, requiring customer data and processing to remain within national borders.

According to Gartner, more than 75% of enterprises will have a digital sovereignty strategy by 2030. Lending Labs' Ontoz platform is designed to address the main obstacle to AI adoption in regulated banking: accountability. It uses industry ontology to automate the full loan lifecycle and keeps customer data and AI decisioning inside national borders.

The platform offers a 360-degree role automation and co-pilots across sales, underwriting, operations, support, engineering, testing, and product documentation. It also allows lenders to set the level of AI autonomy per task, with a defined escalation path mandated by policy. Additionally, Ontoz provides hooks to review any AI action, ensuring verifiable compliance with product policy.

Customers using Ontoz have seen a 50% increase in underwriting teams' productivity and 30% increase in sales teams' productivity benchmarked against their peers. Lending Labs is inviting IBM's customers into a full-day workshop to design their own lending orchestration alongside its team.