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HCL Tech announces the release of Loan Origination and Tracking System (LOTS) for the North American market

Published Date: 
Mar 10, 2005
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Chennai, March 8, 2005 - HCL Technologies, a leading IT solutions provider, today announced that it has developed a Loan  Origination and Tracking Solution, LOTS, that covers the complete cycle of Loan  processing from Loan Pre-Qualification, through Application (Origination), Processing, Underwriting, Closure and Servicing / Collections (Delinquent Loans) and associated features of Reporting and Documentation, specifically for the North American market. HCL is a leading provider of solutions to the global Banking and Financial Services (BFS) industry and with this initiative, will be able to further strengthen its presence and offerings in this high potential domain.  
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