Lenders Cooperative, a leading provider of lending solutions for financial institutions, announced its successful integration with leading end-to-end fintech and regtech solutions provider, CSI‘s cloud-based core processing systems. This integration represents a major milestone for Lenders Cooperative and will offer a significant boost in efficiency along with numerous other benefits to its customers utilizing CSI’s core system.
“We are committed to supporting our community financial institutions, and we’re thrilled to announce our integration with CSI’s core processing systems”
The core integration between Lenders Cooperative and CSI will deliver a host of features and enhancements that will greatly streamline operations and improve customer experiences. Key benefits of the integration include:
- Mapping of data attributes – the integration facilitates seamless data transfer between Lenders Cooperative’s Loan Origination System (LOS) and CSI’s core system by mapping data attributes, ensuring accuracy and consistency
- Customer record management – users will now have the ability to search customer records directly in the core system and create new records when necessary, providing a comprehensive view of the information
- Streamlined boarding process – the integration optimizes the boarding task in the LOS, enabling users to confirm the information used to create the loan record on the core system, ensuring a smooth and accurate boarding experience
- Flexible loan record creation – users can create a full loan record or a shell loan record leveraging the information available at the time of boarding, providing flexibility and adaptability to meet various loan scenarios
Latest Fintech News: Frost’s New Broadband Switching Tool Makes Sustainable Living Easy and Affordable
By integrating with CSI’s cloud-based core processing systems, Lenders Cooperative strengthens its commitment to providing cutting-edge solutions and exceptional service to its customers. This collaboration will enhance operational efficiency, optimize loan processing and improve overall customer satisfaction.
“Partnerships with firms like CSI and Lenders Cooperative are critical to our continued growth,” said Timothy Coleman, Senior Vice President at Centier Bank. “By integrating Lenders Cooperative’s cutting-edge lending technology with CSI’s robust core banking platform, Centier Bank can elevate the customer experience. We can also more efficiently meet our customers’ evolving needs while providing a superior banking experience.”
Latest Fintech News: Silver Lake to Make €600 Million Strategic Investment in TeamSystem
“We are committed to supporting our community financial institutions, and we’re thrilled to announce our integration with CSI’s core processing systems,” said Loughlin Cleary, President at Lenders Cooperative. “This partnership empowers us to leverage CSI’s robust core processing solutions, enabling us to deliver an even more secure, efficient and seamless experience to our valued customers.”
Latest Fintech News: XTM Announces Proposed Acquisition of Certified EWA Solution & Processor, QRails
[To share your insights with us, please write to sghosh@martechseries.com]
