Report

Commercial Loan Origination: Evaluating Vendors That Hone the Tip of the Spear

The challenges related to CLO are fueling lending institutions’ appetites for automation.
/

Boston, December 11, 2019 –CLO requires the completion of many complex tasks involving financial analysis, deal structuring, proposal writing, proposal distribution, and the acquisition of approvals by credit authorities. Its processes are costly, labor intensive, loss inducing, and unpleasant for borrowers. So intent are banks on improving the efficiency of their commercial lending lines of business that the market for related automation is, to say the least, intense.

Leveraging the Aite Matrix, a proprietary Aite Group vendor assessment framework, this Impact Report evaluates the overall competitive position of 14 vendors offering 15 capabilities, focusing on vendor stability, client strength, product features, and client services. This report profiles Abrigo, Axefinance, Baker Hill, Finastra, Global Wave Group, Intellect Design Arena, Jack Henry & Associates, Kuliza, Linedata, Moody’s Analytics, nCino, Newgen Software, Nucleus Software, and Q2 as well as new entrants to this market FIS and Oracle.

This 109-page Impact Report contains 35 figures and 32 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 Accenture, Aditya Birla Finance, CIF 20/20, Cloud Kaptan, COCC Insight, Compliance Systems Inc., Core Director, Customer Engagement Technologies, Deloitte, Episys, ET Marlabs, Fiserv, Formitize, Happiest Minds, Lowenstein & Associates, Management Solutions, Microsoft, Risk Matrix, Sandbox Banking, Sia Partners, Silver Lake, Sollers, Standard Chartered Bank, Svakarma, TCS, Tribe, and West Monroe.

Related Content

Commercial Loan Origination: Sharpening the Tip of the Spear

Banks that don't adopt CLO automation will be in competitive peril relative to those that do.

Four Technology Changes to Generate Profits for Commercial Banking

The foot soldiers of U.S.-based financial institutions provide a unique perspective into their lending institutions.

AI in Business Lending

AI helps business lenders achieve scale, reduce risk, and provide a digitized borrower experience.

Get Summary Report

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.