CreditPath is a loan and lease origination platform that enables financial institutions to optimize their processes across the lending lifecycle. It is unique in its ability to support, on a single, flexible and configurable platform, the diverse business processing requirements for disparate lines of business lending and leasing asset classes.
This latest release of CreditPath includes more than 100 new features and significant enhancements such as improvements to collateral management to support complexities of utilization and valuation, a smarter business rules engine to simplify and centralize compliance infraction tracking, and increased speed and system flexibility to better facilitate the creation and maintenance of legal documents. In addition, CreditPath has been refreshed from top to bottom using the latest user experience conventions to provide an intuitive workspace.
"Margin compression and intense regulatory oversight are forcing institutions to find ways to reduce their operating costs while competing for growth and managing risk," said Scott Hansen, senior vice president, marketing, D+H. "These releases of CreditPath and CreditPath Connect deliver a lending platform that can integrate to or replace many internal and external systems with tools that facilitate efficient business processes, empower users and aggregate operational and risk data."
CreditPath Connect is a major update to the integration toolkit used to connect third-party systems and tools to CreditPath. It allows for seamless integration between the wide varieties of systems that financial institutions have invested in and rely on each day.
Keywords for this news article include:
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC
Most Popular Stories
- Toxic Algae Threatens Florida Fishing, Tourism
- Eva Mendes Gives Birth to a Baby Girl
- Hispanic Groups Lead Voter Registration Drive
- Fed Signals It Will Keep Key Rate at Record Low
- Plus-Size iPhones Live Up to The Hype
- FedEx Adding 50,000 Holiday Jobs
- Stocks Rise Before Fed Statement
- Occupy Wall Street Buys Up Student Debt
- Cool Features on Today's New iOS 8
- Kohl's Hiring 67,000 for the Holidays