Today's commercial lending systems (also known in the industry
as bilateral lending systems, middle market lending systems or
direct lending systems) need to be able to process and automate
multiple lending activities as quickly as possible. Key
requirements include: the automatic generation of notification and
bills, APIs and interfaces for straight-through-processing (STP);
while a robust business rules engine is also needed for the
effective and seamless routing of multiple transactions through the
commercial loan processing lifecycle.
Straight-Through-Processing: The Key Driver
The combination of an effective commercial lending system with
STP capabilities can create significant competitive advantages for
financial institutions in the form of reduced costs and increased
efficiency. To be effective, the commercial lending software must
be able to manage the entire loan portfolio, from origination to
settlement. An integrated platform provides increased visibility of
lending activities throughout the company; together with an
enhanced ability to monitor and control risk across multiple
activities. Whether the need is for a bilateral, middle market, or
direct lending system; or for a commercial loan processing system,
Misys can provide a solution.
Automated, Rapid Origination and Credit 'Decisioning'
Automated workflow processing, together with business rules
engines which enable lenders to significantly reduce origination
cycle times, are important requirements of commercial lending
systems. Transactions need to be directed efficiently between the
multiple parties involved in the lending process, to minimize
operational risks and processing costs per transaction.
To learn more about how Misys' solutions can meet the need for a
commercial, bilateral or middle market lending system, or a
commercial loan processing system, please click one of the links