Full range of calculations
Pricing calculations for finance lease, operating leases, hire-purchase and loan, pre- or post-tax, simple or structured repayment profiles, commissions & subsidies, early settlements, balloon / refinancing calculations and more.
Customizable
Freehand can be customer branded, unneeded features can be hidden. plus controls and parameters can be varied by user group.
Available as an API
Freehand is also available as a cloud deployed API making the power of the Freehand engine accessible from any location and from inside any system.
Freehand API – the tried-and-tested, industry-standard pricing solution, available as an API
Freehand provides you with rock solid, consistent, reliable pricing calculations, and is now available as a cloud-deployed API to provide access to the power of Freehand across your IT estate.
Consistency
Use the same calculation engine across your business – front, middle & back office, across your whole technology ecosystem – even your broker / introducer community.
Reliable and scalable
Harnessing the power of the cloud, Freehand API is highly available and scalable, meaning your calculation engine won’t let you down when volume gets high.
Custom templated API
The Freehand API can be customised to your exact requirements using our Composer templating tool, allowing the API to be a simple as possible or as complex as necessary, as requirements dictate.
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Brokers can quote with confidence, knowing that their calculation engine is the same as the lender’s and the lender won’t have to deal with inconsistencies as a deal moves between stages.
Broker quotations
Get consistency across your front, middle and back-office by using the same tool to calculate finance pricing.
Lender pricing
calculations
The Lender receives deals which they know match their back-office engine, and can make rescheduling, extension and early settlement calculations consistently.