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Wipro Launches New LOS Suite
Sep 25, 2013

Wipro Gallagher Solutions has announced the launch of its “Lend Value” suite of enterprise loan origination solutions, which are designed to deliver consistency and optimization across the entire lending value chain; from back-end processing to the front-end customer experience. The Lend Value suite of solutions encompasses its flagship NetOxygen Loan Origination System, Enterprise Mobile Origination (e·MO) app and the LendCentric user portals, all of which seamlessly interact to synchronize lending activity within a centralized data repository. The LendCentric Launch Pad allows the borrower to remain actively engaged throughout the loan process from application intake through supporting document upload. As a result, the lender experiences significant uplift in customer experience as the borrower is kept up to date with the progress of their application. The LendCentric Business portal enables partners and correspondent lenders to effectively communicate with lenders, which speeds the loan approval process and improves loan quality through increased transparency. Finally, the Enterprise Mobile Origination app enables sales teams to produce loans from any location using their tablet device. Data received from digital, online and back-office workstations are instantly updated across all channels. By pairing the NetOxygen LOS with value enhancing technologies, lenders can use a single source of rules, products and pricing data to make quicker and more accurate pipeline and portfolio decisions anywhere and at any time. This single source of setup data can be used across all platforms reducing administrative costs and ensuring customer convergence. “Lending activity is often fragmented across multiple devices and technology products. By delivering a suite of solutions that instantly communicates with a single source of functionality, lenders can achieve a holistic view of the operation, truly optimize their processes and deliver targeted products to their customers,” said Narayan Bharadwaj, general manager and business head at Wipro Gallagher Solutions. “The Lend Value suite gives financial institutions the ability to transform their lending businesses by enhancing the borrower experience in the front-end using mobile and online channels and powering back-end operational efficiencies with a strong loan origination system.”
Sep 25, 2013
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