Credit data
Credit reference systems: CRA, CDS, LOS and LMS explained
Put four commonly confused layers in the right place and understand where a data service ends and a lender’s operating system begins.
Resource hub · Hong Kong lending operations
Hong Kong lending software resource hub
Practical guides for Hong Kong licensed money lenders and finance companies covering credit data, loan origination, loan management, software procurement and Credit Data Smart readiness. Every guide explains the operating workflow and includes a printable self-assessment.
Credit data and CDS
Separate external credit data from internal lending workflows
Start with the data source, purpose and responsibility, then decide what a system should connect, retain and produce.
Credit Data Smart
CDS readiness: the proposed 2027 data and access requirements
Map the proposed 1 June 2027 arrangements, 30-day data cycle, data ownership and submission rehearsals using official Hong Kong sources.
Origination and servicing
Connect application, approval, repayment and portfolio operations
The front office decides and disburses; the servicing operation maintains accurate balances and customer outcomes. The hand-off is where gaps often emerge.
Loan origination
Loan origination systems for Hong Kong lenders
Design a traceable journey for application intake, documents, credit review, affordability, approval authorities, terms and disbursement hand-off.
Loan management
Loan management systems for Hong Kong lenders
Connect repayment schedules, payment allocation, reconciliation, arrears queues, borrower service, settlement and portfolio reporting.
Procurement and controls
Evaluate software from your operating and control requirements
Start with the company structure, approval authorities, information flows and reporting responsibilities—not the length of a feature list.
Buyer guide
Licensed money lender software in Hong Kong
Test operating fit, access controls, auditability, integrations, migration, implementation and exit arrangements using evidence from a real vendor demonstration.
Product information
Explore the Covenant Desk platform
The guides explain market concepts. These pages document what the Covenant Desk product and implementation approach actually provide.
Coming next
Planned practical guides
These topics are in the editorial queue and do not link to unpublished pages.
Editorial queue
- Money lender licence conditions and annual reporting operations
- PDPO and consent-management practice
- FPS payment reconciliation
- Arrears follow-up and collections audit records
- Human review for AI-assisted underwriting
- Multi-company permissions and borrower exposure
- Migration from existing ledgers and spreadsheets
Tell us which guide would be most useful during your product discussion, and we will use practical demand to prioritise the queue.
Primary sources
Official sources and editorial note
Our guides reflect official material available on their review date. Requirements can change; each institution should check the latest licence conditions and obtain legal or compliance advice. The guides are not legal advice.
- Covenant Desk editorial, sourcing and corrections policy
- Financial Services and the Treasury Bureau: consultation conclusions
- Companies Registry: money lender licensing conditions and guidance
- Hong Kong Monetary Authority: consumer credit reference agencies
- Privacy Commissioner: Code of Practice on Consumer Credit Data
Next step
Put the workflows in these guides into one operating workspace.
Try Customer 360, controlled access, AI-assisted review, repayment operations and CDS-ready data workflows in Covenant Desk.
Covenant Desk is lending operations software. It does not provide loans, issue credit reports or replace the lender’s final credit decision.