Report

CLO Lenders and Vendors: You Don’t Send Us Flowers Anymore

The pandemic has been transformative for commercial lenders, requiring technologies for onboarding, underwriting, approving, and closing loans while socially distant.  
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April 12, 2022 –Given the impact of the pandemic on commercial lending, the state of collaboration and partnership between commercial loan origination (CLO) vendors and their clients is critical, particularly for these important topics: achieving digitalization, pursuing modernization with APIs, and fine-tuning deployments to meet a lender’s specific needs. Also important are other dominant trends, such as lenders addressing their long-standing challenges with onboarding and whether CLO vendors can be helpful as lenders pursue their policies around ESG issues to the degree that they may have been identified.

This report examines lenders’ engagement with their CLO vendors and, at a high level, the nature of new deals in the market, utilizing views of client references related to the CLO market. Aite-Novarica Group leveraged conversations with client references to include a general assessment of the vendor’s overall performance across the different categories and provides Aite-Novarica Group’s unbiased feedback on both the strengths and the weaknesses of each vendor.

This 23-page Impact Report contains eight figures and two tables. Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.

This report mentions Abrigo, Baker Hill, Finastra, Moody’s Analytics, nCino, and Q2.

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