Nucleus Software, an end-to-end digital lending and transaction banking solution, has been named as a representative vendor in the 2024 Gartner’s Market Guide for Commercial Loan Origination Solutions.
Commercial loan origination solutions digitally transform how banks process, review, approve and settle commercial lending requests, enabling them to capture new business. This guide helps bank CIOs assess solutions based on factors such as composability, emerging technologies and user experience.
This Gartner report also shares their insight on their perceived market future, with the emphasis on improved credit assessment through advanced technologies, Cloud and Hyperautomation, Low Code/No Code workflows, etc.
Nucleus Software Commercial Loan Origination Solution, FinnOne Neo® makes commercial lending business agile, scalable, streamlined, and transparent, thereby unlocking new opportunities for expansion and profitability. FinnOne Neo® Commercial Loan Origination Solution is a robust solution, to effectively oversee the entire loan lifecycle, from customer onboarding to loan disbursals allowing easy scalability for accelerated growth.
By utilizing the FinnOne Neo® solution, banks can accelerate smarter customer onboarding, improve risk management, automate credit decisioning, and expedite loan disbursements. Additionally, the platform offers a range of built-in features, allowing banks to deliver a superior customer experience through efficient and streamlined processes.
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Gartner, 2024 Market Guide for Commercial Loan Origination Solutions, By Derek Frost, Agustin Rubini, 9 September 2024.
Nucleus Software Exports Ltd. is a publicly traded, intellectual property focused company that provides lending and transaction banking products to global financial leaders. Nucleus Software powers the operations of 200+ Financial Institutions in 50+ countries, supporting Retail & Corporate Finance, Automotive Finance, Islamic Finance, Cash Management, Mobile & Internet Banking, Transaction Banking and more. We facilitate more than 26 million transactions each day through our transaction banking suite. Our digital lending platform manages over US $500 billion of loans in India and over US $700 billion of loans globally other than India, while enabling 500,000+ users log in daily.