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Glossary · Lokta concept vocabulary

Audit-by-design

Audit-by-design is the principle that every decision a lending platform makes (human, workflow AI, or agent) produces a tamper-evident record that a regulator or internal auditor can replay.

It is a property of the data model, not a feature added later. Every state change is timestamped, attributed to an actor (user, workflow, agent), linked to the policy version it was evaluated against, and immutable downstream of approval. Audit-by-design is what allows AI to be deployed in regulated lending workflows; the alternative, bolt-on logging and screenshotted approvals, collapses the moment a regulator asks for a methodology trail.

Related terms

  • Lending ontologyA lending ontology is one canonical model of the loan (borrower, application, repayment, and risk, plus the relationships between them) that the whole lending stack reads and writes through, instead of a separate copy of the loan in every system..
  • Agent-native lending (Agent-native lending platform)An agent-native lending platform is a lending core built to be operated by agents (software that reads the loan, decides, and acts) rather than by people clicking through screens.
  • Deterministic coreA deterministic core is the layer of a lending platform whose outputs are fully reproducible from inputs and policy: no probabilistic models, no LLM calls, no hidden randomness..
  • Workflow AI vs agentic AIWorkflow AI assists a human inside an existing process; agentic AI runs the multistep process end-to-end.

All terms in the Lokta lending glossary →

Founder-led adoption

Adopt the agentic loan servicing platform.

Lokta is built for enterprise deployment, VPC or single-tenant cloud, with an audit trail in every state change. We work with a select group of institutions through a founder-led model: deep adoption, deliberate scope, a delivery window the team commits to in writing.

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