News

Student Management Championship 2017

May 4, 2017


How can you manage a virtual ski center?

The contestants of this year’s Student Managment Championship were seeking answers to the question above while making strategic choices with the head of a ski resort manager. The participants had to take into consideration the profitableness and payback aspects of their strategies, which has made the the competition very pragmatic, currant and exciting.  

The 10 best-performing teams were selected into the finals  after going through the live regional rounds then the online semi-finals. Their task in the last round was to make a business proposal with a full profile of a new touristic investment including its exact location and to complete the relevant research and planning supporting their package. In addition to evaluating the content of their solutions,  presentation and delivery  was also marked by judges.

Congratulations to the winners! We hope to see eveyone next year.

1st place – Confidentiality Agreement (Luca Szabó, Dániel Orbán, Krisztián Fehér)

2nd place – TaylorsWheel (Cintia Kormány, Blanka Szabó, Dániel Szabó)

3rd place – Managers (Endre Leszkovszki, Péter Homolya, Kristóf Kahr)

 

Loxon at 8th Annual Operational & Back Office Excellence

May 4, 2017


At Loxon we’ve been developing and implementing lending and risk managment software based on artificial intelligence and big data for several years now. Thus, our participation was obvious at the 8th Annual Operational & Back Office Excellence in Banking Summit put on by Allan Lloyds between 25-27th April in Vienna. The main theme of the conference was robotic process automation with AI technology. Through the 3-day event including a workshop, the speakers held presentations on various topics like how IT solutions can reduce the costs and high error rate and the ways of modernizing banking systems to keep up with the arising challenges of the fintech sector.

 

Loxon at Portfolio Lending Conference

May 2, 2017


Loxon has once more returned to the annually organised Portfolio Lending Conference. This year on 25th April the main focus of the conference was estate loans and the expected trends of the field in the next few years. The topic of limited data sources was a recurring theme both in presentations and panel discussions. Similarly, using digital solutions to lower lending and risk management costs was an important topic. Tamás Erni, the managing director of Loxon Solutions, stated that one continuous problem is that banks don’t want to upload and keep their data on external storage so they have to maintain their own systems. Other notes were that artficial intelligence can certainly play a big part in the notification process of clients, but on their own they are not a sufficient solution. Additionally, in the last few years we could see the downfall of many technologies that were previously considered to be long-term solutions. One direction of innovation, big data not only supports sales and marketing decisions but helps risk management projects, anti-fraud measures and IT security as well.

Further details of the conference can be found on the webpage of Portfolio.

 

Loxon at 12th Middle East Retail Banking Confex

Apr 20, 2017


For years now, Loxon has been a returning attendee at the Middle East Retail Banking Confex in Dubai that was put on by Fleming for the 12th time this year on 4-5th April. During the 2-day event Tamás Erni held a presentation titled  ’Using 21st century technology in loan management’.  Beside the opportunity of listening to speeches of the highest standard, with hundreds of guests being present, this event  is considered a great opportunity for building relations and sharing experience and expertise.

 

 

All Staff Meeting & Grill Party

Apr 18, 2017


As April began it was time for our annual All Staff Meeting and the evaluation of the year 2016. The project managers made everyone more familiar  with our clients and the projects already running and currently in the process of being implemented. Our achievments were also demonstrated visually pinning flags of the relevant product logos in more than 25 countires on our world map „wallpaper”. The Staff Meeting ended in celebration with cake then a team building grill party on our terrace. Beside the obvious cheer, the highlight of the event was our very own Loxon beer: a huge success amongst all colleagues.

 

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