ALLPro

Opportunity

The lending operations at financial institutions share many of the same needs and challenges. Couple these challenges with the competitive nature of consumer and commercial lending, and it becomes important for lending organizations to find every way possible to eliminate these obstacles. The challenges included:

 • Collecting Data Required by LaserPro – frequently the data required by LaserPro exceeds the data available in off-the-shelf source systems.

 • Managing Risk – access to native LaserPro creates control issues.

 • Managing Costs – manual and duplicate data entry and/or specialized lending groups increase costs for loan operation groups.

 • Increased Productivity – executives apply constant pressure to increase loans per employee and reduce the turnaround time of a loan package.

Solution

CTS has developed a solution to overcome the challenges generated by the loan operation process. We recognize that “automation” of the loan process is a goal of most organizations. Each organization defines “automation” differently. Our Lending Framework is designed to provide the most efficient way to process data through the lending process while reducing costs and ensuring compliance.

The CTS Lending Framework helps to reduce costs and ensures compliance because we built it in the following way: we developed a data application that captures the data required by LaserPro that is not available in the source system. Our Lending Framework is built upon the Microsoft SQL Server 2006 and BizTalk Server 2006 platforms. The architecture for the framework leverages Microsoft’s best patterns and practices, as well as Microsoft’s guidance on Enterprise Service Bus and Service Oriented Architecture.

Value

The CTS Lending Framework allows clients to realize benefits immediately. Native access to Laser Pro can be turned off, reducing risks and increasing compliance.  Duplicative data entry is eliminated thereby reducing the need for specialized lending groups to manually enter data. Additionally, more loans can be serviced in a shorter time period by fewer people because the loan documents are generated automatically. 

 • Reduce Loan Turnaround Time

 • Increase Loans per Employee

 • Reduce Fraud

 • Eliminate Manual Data Entry