Commercial Loan Origination: Scoping the Market and Comparing the Vendors
Report Summary
Commercial Loan Origination: Scoping the Market and Comparing the Vendors
Vendors seek to enhance their commercial loan offerings to address new market needs.
Boston, October 18, 2017 – Commercial and industrial lending is no longer the automation backwater that it has long been. Automation is now more heavily embraced as a way to achieve the scale that enables cost reduction and the digitization that enables a better customer experience. Due to regulations that became more onerous well after the global financial crisis, data sets must be available and analytics-ready—yet another compelling promoter of adoption of commercial loan origination systems.
Leveraging the Aite Impact Matrix (AIM), a proprietary Aite Group vendor assessment framework, this Impact Report evaluates the overall competitive position of each of the leading vendors in the commercial loan origination space. Four areas in which vendors can excel—vendor stability, client strength, product features, and client services—are the focus of this evaluation. This research is based on a request for information that Aite Group used to survey Baker Hill, D+H (now part of Finastra), Genpact International, IBM, Intellect Design, Linedata, Misys (now also part of Finastra), nCino, Newgen Software, Pega, and Sageworks about their stability, strength, and product features.
This 66-page Impact Report contains 34 figures and 10 tables. Clients of Aite Group’s Wholesale Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions AFS, Baker Hill, Finastra, Genpact International, IBM, Moody’s, Intellect Design, Jack Henry, Linedata, nCino, Newgen Software, Pega, Sageworks, and Wolters Kluwer Financial Services.