Finastra launched Fusion Originate, a single platform encompassing consumer and business deposits, loans and mortgages. According to the company, the new platform is a harmonized user experience for digital online channels and back-office benefits from the expertise of the Finastra UX team.
“Financial firms have historically had to use different systems for originating loans, deposits and mortgages, creating different internal processes as well as inconsistent user experiences for account holders,” said Steve Hoke, vice president and general manager, Mortgage and Lending Solutions, Finastra. “This is a unique offering in the market, providing a single solution for the full spectrum of origination types, so financial institutions can set up their entire digital channel with a common look and feel.”
With Fusion Originate, community banks and credit unions will have the ability to change the customer portal into an online sales channel and convert prospects into customers with a self-service application process, according to the release.
The solution integrates with a range of loan origination and core banking systems, available from Finastra and third-party providers. It features a real-time onboarding and decisioning origination experience. It includes functionality to combat fraud and ensure compliance and also complements financial institutions’ branding.
Click here to learn more about Fusion Originate.
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