bankingciooutlook
Spark: Modernizing Complex And Outdated Lending Processes

Top 10 Lending Management Solution Companies - 2021

The past two years have been utterly life-changing for many sectors, and the lending world has been no different. While the pandemic has driven the credit and loan services to adjust to its consequences swiftly, there are still plenty of continuing trends that are remodeling the scene and leading the respective businesses to a new age.

As loan management systems are becoming increasingly important in today’s lending and credit servicing operations, technological transformation is the need of the hour. For instance, firms can leverage an amalgamation of frontline advancements like Google Vision API and ML capabilities along with Amazon Recognition to analyze documents as a means to investigate frauds, thus guaranteeing accelerated turnaround with minimal manual work.

Similarly, for credit scoring methods, lending companies are developing new variable computing applications with data items, such as social signals, lifestyle, and medical records. Blended with intelligent and self-learning algorithms, firms can identify if they want to release new insurance policies, customize terms and conditions, or provide alternate payment choices.

Amid such trends making a wave in the lending sector, it is becoming imperative for organizations to equip themselves with the latest and most effective technologies in the market. In order to assist such companies in shoring up their capabilities, we have compiled this issue of Banking CIO Outlook. In this edition, we have listed the top 10 lending solution providers to highlight the ones that can help you escalate your chances of success. Equipped with innovative technological capabilities, these enlisted solution providers are transforming the lending landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject matter experts, CIOs, and CXOs. We hope this issue of Banking CIO Outlook helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.

We present to you Banking CIO Outlook’s, “Top 10 Lending Management Solution Providers - 2021.”

    Top Lending Management Solution Companies

  • LenderHomePage is the leading provider of a secure and compliant cloud-based digital mortgage platform that powers lender websites, mobile apps, and mortgage POS solutions. The company offers an all-in-one platform that empowers mortgage companies to deliver a unified and cohesive consumer experience. With a deep-rooted focus on customer experience, LenderHomePage is not only a pioneer in the digital mortgage space, but they’re also progressive in their approach of utilizing technology’s interface to influence engagement, increase brand loyalty, and drive the mortgage sale.

    www.lenderhomepage.com

  • A transformational digital solution for business lending that makes SBA and Commercial loan origination easier, more secure, and efficient for banks and their customers by digitizing the entire origination process

    lendwithspark.com

  • Automated Financial Systems

    Automated Financial Systems

    Automated Financial Systems, Inc. (AFS) is the industry leader in lending and risk management solutions for financial institutions. Committed since its founding in 1970 to support clients’ business objectives, rather than simply their software needs, AFS combines systems, execution expertise, and management information to mitigate risk, reduce costs, and increase revenue for its clients. AFS provides competitive advantages by delivering the only fully integrated lending system designed to process multiple portfolios, including small business, middle markets, commercial real estate, capital markets, and other specialty lines of business—all on one system.

  • Calyx Technology

    Calyx Technology

    Calyx is an established provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders, and brokerages nationwide. The company’s easy-to-use technology, including its borrower interview platform, loan origination systems, and secure electronic signature software, is designed to streamline, integrate and optimize all phases of the loan process for customers of various sizes, workflows, channels, and complexities. Combined with its extensive network of vendor partners, Calyx products deliver a true digital mortgage solution that maximizes profitability and enhances the customer experience.

  • Crowd Machine

    Crowd Machine

    Provides a step-by-step platform to build and deploy applications without having to write codes

  • Equilibrium Mortgage Solutions

    Equilibrium Mortgage Solutions

    Founded in 2013, Equilibrium Mortgage Solution offers a complete end-to-end mortgage loan origination service for lenders and provides clients have peace of mind with quality control and compliance at every stage of the origination cycle.

  • HES FinTech

    HES FinTech

    Founded in 2012, HES FinTech is an established market leader that provides financial institutions worldwide with intelligent automation-driven lending solutions. The company delivers a unique lending experience for lenders of all sizes to reduce the cost and complexity of loan lifecycle management. Available in 90 days, HES FinTech’s platforms streamline the lending process in its entirety, replacing repetitive manual tasks with automation to help lenders solve the most demanding industry challenges. With over 80 engineers, product innovators, businesses analysts, and banking experts, HES today is a trusted, long-term partner of 115 financial institutions in over 25 countries worldwide (and counting).

  • LeadSquared

    LeadSquared

    LeadSquared is a marketing automation and sales execution platform that helps businesses increase their closures, manage their pipelines, and attribute their ROI wholly and accurately - to people, marketing activities, lead sources, products, and locations. Built to handle thousands of users, millions of leads, and thousands of activities, LeadSquared is being used by enterprises and small & medium businesses across a diverse set of industries. Businesses that have found fitment with LeadSquared include education institutes (EdTech businesses, colleges, universities, offline and online training institutes), financial services (Insurance providers, loan providers, Fintech businesses), hospitals, and wellness clinics, and hospitality businesses, among others.

  • LoanPro

    LoanPro

    LoanPro Software was built with a fundamentally different approach that guaranteed a full-featured API, a better strategy for separation and management of data, and better use of available technologies. The company's solutions specifically address the pain points it experiences when trying to use other, inadequate software. This is achieved by focusing on lending processes and communication. The company provided greater transparency and data access than most leaders are accustomed to. Today, LoanPro is fully enterprise-ready and makes it easy for large lenders to check due-diligence boxes, adopt LoanPro in operations, and scale the use of LoanPro to meet their needs.

  • TAO Solutions

    TAO Solutions

    TAO Solutions is a leading provider of software designed to empower the financial services industry with operational agility and robust capabilities. For over a decade, TAO Solutions has worked with financial industry leaders globally to drive growth, save costs, and increase efficiency by leveraging cutting-edge technology, deep-rooted industry expertise, and exceptional customer service. Representing a solution provider to 10% of the top global banks with more than $1 trillion in assets administered by our technologies, TAO Solutions is SOC II Type II accredited and a Gold Microsoft Certified Partner.