Commercial Lending Software

The Provenir Commercial Lending Software Platform enables financial institutions to quickly configure and automate a commercial lending solution that provides complete end-to-end processing, from the initial information gathering and financial statement analysis through committee review, negotiating and closing. Using the Platform, commercial lenders can overcome the key challenges faced by commercial lending operations while starting by simply mirroring their existing manual processes.


Benefits of the Provenir Commercial Lending Software
Configuring a commercial lending solution with the Provenir Platform allows institutions to eliminate manual processes, and quickly implement changes to strategies, scorecards, and document templates. Our commercial lending platform will increase productivity, improve customer service, as well as reduce operational costs.


Increase Productivity via

• Improved collaboration between Business and IT
• Automatic aggregation of relationship data
• Automatic generation of loan review packages including automatic updates whenever a file is changed or added
• Elimination of repetitive manual data entries
• Extensive risk, portfolio, and customer analytic capabilities
• Flexibility to incorporate industry regulations and trends in the workflow (such as BASEL II, Patriot Act requirements)
• Utilization of granular business and consumer credit report data
• Integration of LGD and PD Risk Rating models
  

Improve Customer Service by

• Significantly decreasing decision time for commercial loans
• Instant access to credit, exposure, customer, collateral and other types of required information
• Accepting applications over multiple channels including the Internet
• Tailoring communication to accommodate customer preferences
• Providing commercial lenders and other bank personnel with online access to the status of each deal and all appropriate information via a web browser
  

Reduce Operational Costs through

• Re-use of policies, strategies, and risk models for loans
• Integration with other systems using enterprise messaging, web services and/or peer-to-peer communication
• Codeless configuration: Using a visual wizard to configure scorecards, matrices, queues, decision logic and even interfaces
• Execution of your automated commercial lending processes on any number of operating systems including Windows, Unix, Linux, z/OS and i5/OS, allowing maximum flexibility in your operating environment
• Lowered compliance costs by ensuring that all lending rules are consistently applied (including automation of OFAC/IDV reports)
• Minimizing fraud and security risks

To receive more details on the Platform's benefits please email info@provenir.com