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Wave — Fast Approvals, Smarter Decisions
FinTech Loan Origination Platform

Approve loans faster with Wave.

Your Dynamic Frictionless CAS — transforming sluggish loan processes into nimble pipelines of approval with crystal-clear communication and zero paperwork.

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🔍 Search applications, borrowers, loan types...
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WV
WV
💼
👥
📊
⚙️
All Applications
Pending Review
Approved
ISO 9001:2015
Recent Applications
12 applications this week
Export
KP
Kumar P.
Personal Loan
LKR 500K
09:14
SN
Saman N.
Home Loan
LKR 2.4M
10:32
AF
Ayesha F.
SME Loan
LKR 850K
11:05
RM
Ravi M.
Vehicle Loan
LKR 1.1M
14:17

Trusted by financial institutions and lending organisations across Sri Lanka and the region.

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By Sampath IT Solutions
Cloud & On-Premises
ISO 9001:2015 Certified
PLATFORM CAPABILITIES
Connected Systems
4 systems · real-time sync
Total
24 APIs
🏦
Core Banking System
Primary · Live sync
● Active
💳
Credit Bureau (CRIB)
Auto-pull on apply
● Active
📱
Mobile Banking Portal
Customer-facing channel
● Active
📊
BI & Reporting Suite
Analytics data feed
● Active
SEAMLESS INTEGRATION

Connect your core banking systems effortlessly.

Wave links seamlessly with your existing core banking infrastructure and third-party systems, enabling smooth, real-time data exchange. No silos, no manual re-entry — just clean, automated data flow across every touchpoint.

From credit bureau lookups to mobile banking portals, Wave connects it all — so your team always has the complete picture before a single decision is made.

Loan Pipeline
3 stages · updated live
Avg Progress
87%
📋
Application Review
92%
✅
Credit Assessment
85%
💰
Disbursement Queue
78%
LOAN ORIGINATION

From application to disbursement in record time.

Wave simplifies the entire loan lifecycle — from the moment a borrower applies to the final disbursement. Every step is tracked, every status is visible, and every bottleneck is eliminated with intelligent automation.

Your team spends less time chasing paperwork and more time making decisions. Wave handles the flow so your institution can focus on growth.

Approval Queue
5 pending · 2 escalated
● Live
🎯
Branch Manager Review
Kumar P. — Personal Loan · LKR 500K
📊
Credit Committee
SME Portfolio Batch — 3 applications
⬆️
Escalated to Head Office
Ravi M. — Vehicle Loan · above threshold
✅
Final Approval — Saman N.
Home Loan · LKR 2.4M · cleared
INTUITIVE APPROVAL PATH

Role-based approvals that never stall.

Wave's flexible, role-based approval engine routes every loan application through the right chain of command — automatically. Higher clearance is escalated intelligently, eliminating bottlenecks and keeping pipelines moving.

Configure approval thresholds, escalation rules, and delegate authority without writing a single line of code. Every decision is logged, traceable, and audit-ready.

Wave brings every borrower, every lender, and every approval step together, using intelligent automation to help financial institutions process loans with speed, precision, and unmatched transparency.

Whether you're a commercial bank, a microfinance institution, or a leasing company — lending is too important to leave to manual processes. Wave changes that.

HOW IT WORKS

Submit a loan application in seconds.

Borrowers submit structured applications digitally — no paper, no delays. Wave captures all required data upfront, validates it instantly, and routes it into the pipeline.

Automated credit scoring and verification.

Wave instantly pulls credit bureau data, scores the borrower against configurable risk models, and flags exceptions — giving your team a complete picture before any human review begins.

Route through the approval workflow.

Every application is automatically routed to the right approver based on loan type, amount, and risk band. No manual forwarding — Wave handles the entire chain, including escalations.

Generate loan documents automatically.

Wave auto-generates all required loan documentation — agreements, schedules, disclosure forms — from pre-approved templates, with borrower data pre-filled. One click, fully compliant, ready to sign.

Disburse funds and close the loop.

Once approved and signed, Wave triggers disbursement directly through your core banking integration. Every step is logged, every record is traceable, and the borrower is notified in real time.

Monitor, report, and improve continuously.

Wave gives your leadership team a live dashboard of the entire loan portfolio — approval rates, processing times, document turnaround, and risk exposure — so every decision is backed by data.

New Loan Application 📋
Submitted digitally in under 60 seconds.
Submission
Digital
Time to Submit
60s
Data Fields
Auto
👤
Borrower Details
Name, NIC, contact & financials
🏠
Collateral Information
Property / vehicle / guarantors
💼
Employment & Income
Verified salary & EPF data
Credit Assessment Engine 🎯
Automated scoring in under 3 seconds.
CRIB Score
742
Risk Band
Low
Decision
Proceed
📊
Bureau Check
CRIB data pulled · no adverse flags
Clear
✅
Risk Model Assessment
Score 742 — below threshold
Approved
Approval Routing 🔀
Role-based workflow — no manual forwarding.
Current Stage
L2
Approvers
3
ETA
2 hrs
👤
Branch Officer
Initial review — completed
Done
📊
Credit Committee
Risk validation — in progress
Active
🏦
Head Office Sign-off
Final approval — pending
Waiting
Document Generator 📄
Customised documents ready in seconds.
Templates
40+
Gen Time
<5s
📄
Loan Agreement
Pre-filled · ready to sign
📋
Repayment Schedule
Amortisation table generated
✍️
Disclosure Form
Regulatory compliant · auto-generated
📬
Customer Approval Letter
Notification ready to dispatch
Disbursement Ready 💰
Funds cleared and borrower notified.
Amount
LKR 2.4M
Status
Cleared
Notified
SMS+Email
🏦
Core Banking Disbursement
Triggered · same-day settlement (T+0)
Done
📱
Borrower Notification
SMS & email dispatched
Sent
📊
Full Audit Trail
All actions logged & archived
Archived
Portfolio Analytics 📊
Real-time dashboard for leadership.
📋
Approval Rate
88%
⚡
Avg Processing Time
74% faster
🌿
Digital Adoption Rate
96%
FAQs

Frequently Asked Questions

Everything you need to know about Wave. Still curious? Drop us a message and we'll get right back to you.

What is Wave and who is it built for?
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Wave is a Dynamic Frictionless CAS (Credit Approval System) developed by Sampath Information Technology Solutions (SITS), a fully owned subsidiary of Sampath Bank PLC. It is built for banks, microfinance institutions, leasing companies, and any organisation that processes loan applications — helping them move from paper-heavy, slow approvals to fully digital, automated lending pipelines.
What does CAS stand for?
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CAS stands for Credit Approval System. Wave's CAS is the intelligent engine at the core of the platform — it automates credit scoring, manages approval routing, and generates documentation, replacing manual processes with a seamless digital workflow from application intake to final disbursement.
What core banking systems can Wave integrate with?
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Wave is designed to integrate with a wide range of core banking and third-party systems, including credit bureaus (CRIB), ERP platforms, mobile banking portals, and BI/reporting tools. Our integration layer supports standard APIs and can be extended for custom connectivity. Contact our team at hello@sits.lk to discuss your specific integration requirements.
What hosting options are available?
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Wave supports both cloud-based and on-premises deployment. Cloud hosting provides scalability and remote access managed by SITS. On-premises deployment gives your institution full infrastructure control — ideal for organisations with specific data sovereignty, security, or compliance requirements.
How does the role-based approval workflow work?
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Wave's approval engine routes each loan application through a configurable chain of approvers based on loan type, amount, risk band, and institution-defined rules. Higher-clearance escalations are handled automatically, ensuring no application stalls due to an absent approver. Every routing decision is logged and fully auditable.
How do we get started with Wave?
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Contact our Sales Team at hello@sits.lk or visit www.sits.lk to request a live demo. Our team will walk you through the platform, map it to your existing systems and workflows, and provide dedicated support throughout your onboarding journey.
Is Wave backed by SITS?
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Yes. Wave is a product of Sampath IT Solutions (SITS), a fully owned subsidiary of Sampath Bank PLC and an ISO 9001:2015 certified organisation. The platform is built with enterprise-grade security and is supported by a dedicated team committed to your institution's success.