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Top 10 Lending Management Technology Solution Providers - 2017

From filling forms and negotiating a commercial loan to authenticating the borrower and routing activities, the traditional lending process remains inconsistent in terms of compliance and transparency. Amid the regulatory reforms and growing competition, it is important that banks address these challenges by leveraging opportunities offered by various fintechs.

Cloud computing is already being vastly utilized for its greater scalability, cost-effectiveness, and agility. There are also several other emerging lending technologies that offer improved automation, data analytics, cybersecurity, and machine learning to ensure enhanced lending management for banks. With the increase of regulatory inconsistencies, the use of technology to help businesses with regulatory and compliance management is crucial in assisting banks to manage risks in lending. Alongside big data, blockchain is another breakthrough technology that is enhancing the lending space, helping achieve transparency and risk analysis—restructuring their lending operations.

There have been revolutionary changes in the global lending market, with fintechs playing a significant role, compared to the traditional framework of banking systems. More and more banks are partnering with solution providers to help build digitized and streamlined platforms that meet the ever-evolving expectations of customers.

To help banks choose the right solution for lending management, a distinguished panel comprising CFOs, CEOs, CIOs, VCs, and analysts along with the Banking CIO Outlook editorial board has reviewed several companies that exhibit proven expertise in assisting banks with their lending management solutions. The companies featured in this issue have showcased their flair and extensive knowledge in the banking sector through their secure and cost-effective solutions that offer transparency and great agility.

We present to you Banking CIO Outlook’s Top 10 Lending Management Technology Solution Providers - 2017.

Company Logo Company Name Company Description
Mirador Provides a small business lending platform to support established lenders with borrower acquisition, digital application, and seamless communication
MortgageFlex Systems Provides innovative mortgage loan origination and servicing software solutions to the lending industry
Baker Hill Solutions Provides loan origination solution that helps address all the commercial lending needs in a single integrated platform
ComplianceTech ComplianceTech is a fair lending consultant and software vendor to financial institutions and government agencies
Ellie Mae Offers solutions that cover the entire loan lifecycle and expedite lending process
eProdigy Financial Provider of underwriting and other technology solutions to private lenders
Intellaegis Offers web-based software that combines artificial intelligence with public records data, in order to efficiently locate lost customers or assets
ISGN Provides a platform that manages high touch loans from customer retention to liquidation and offers timeline tracking, process assignment, and loan data capture/transfer
LendFoundry Provides end to end lending solutions from marketing, acquisition, and underwriting to loan servicing system
PROVENIR Provides solutions which help make risk decisions in less than a second, keeping customers engaged with short loan origination cycles