Case Study in Enterprise Loan Origination: One STP Platform for Retail and Commercial
introduction to the topic
Increasing Efficiency, Control and Cross Sell by Making it Easy to Originate Any Product for Any Customer
Banks are plagued with many different systems to manage numerous products, functions and lines of business. Bankers, credit analysts, operations and management have to log into all of these different systems to try to originate and manage each account resulting in redundant processes, inefficient operations and inaccurate information. Most tragic is the lost revenue as the bank is unable to maximize wallet share since these disparate systems make it difficult to cross sell different products.