Boston, September 10, 2015 – Apparent economic recoveries are making commercial lending big again, but it is also complex and risky, and it sorely tests bankers’ collaboration and project-management chops. Mitigating risk over a loan’s life takes a veritable village—borrowers must be evaluated, analyses must be penned, and approvals must be obtained. To avoid the inefficient nightmare that can ensue, banks must look hard at their loan origination workflow.
Based on comprehensive Q1 2015 RFIs sent to the leading global providers of systems for automating commercial loan origination, this research examines the state of commercial loan origination, its complexities, and potential automation improvements.
This 28-page Impact Report contains 11 figures and one table. Clients of Aite Group’s Wholesale Banking & Payments service can download this report.