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Formerly known as Common Origination Platform
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Enterprise level loan origination system designed to manage the
complexity of today's lending environment
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Allows lenders to respond to continually changing business needs and
easily "launch" new opportunities within the organization to address
increasingly diverse borrower segmentation
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announces the availability of LoanLaunch™,
formerly known as Common Origination Platform™.
LoanLaunch from Fiserv provides the framework for enterprise loan
originations on a single platform. The solution supports consumer,
business, mortgage and equity loans, giving lenders a holistic view of
borrowers across all channels and products. This exclusive capability
enables greater transparency across departments, customers and business
processes and allows lenders to originate and close more loans with
fewer resources.
"LoanLaunch reflects our deep commitment to technology to address the
credit needs of today's borrowers, as well as our vision of delivering
the next-generation lending experience," said Kevin Collins, president,
Lending Solutions, Fiserv. "LoanLaunch is a powerful solution that
offers financial institutions greater control over their lending
decisions, more flexibility to address product, policy and regulatory
changes, and support that meets changing consumer expectations of
customer service."
As the new name suggests, the solution allows lenders to respond to
continually changing business needs and easily "launch" new
opportunities within the organization to address increasingly diverse
borrower segmentation. With LoanLaunch, the power is in the hands of the
lender through its optimized control over virtually all retail and
business origination operations.
"As the complexities of lending evolve, LoanLaunch will give financial
institutions the breadth and depth they need to respond to the needs of
their customers, backed by Fiserv associates who are passionate about
providing value to our clients' businesses," said Collins. "Fiserv
continues to invest in a development strategy that focuses on supporting
every step in the lending process. LoanLaunch is a key component in our
plans to expand interactive customer relationships via broader, more
digital product delivery and communications channels."
Whatever the size or make-up of a financial institution's loan
portfolios, Fiserv provides solutions that allow lenders to react more
quickly to changing markets and consumer expectations. Fiserv is the
only company that offers a suite of products that support the full
spectrum of lending: mortgage, home equity, consumer, business, direct
auto, and indirect auto.
Additional Resources:
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leader in financial services technology
and one of FORTUNE® magazine's World's Most Admired
Companies. Fiserv enables clients to achieve best-in-class results by
driving quality and innovation in payments, processing services, risk
and compliance, customer and channel management, and business insights
and optimization. For more information, visit www.fiserv.com.
FISV-G
Media Relations:
Julie Nixon
Senior Public Relations
Manager
Fiserv, Inc.
678-375-3744
julie.nixon@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Communications &
Thought Leadership
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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