back Back

Finastra introduces Total Lending Home to access its lending solutions

By Joy Dumasia

September 23, 2021

  • Azure
  • Europe
  • Finastra
Share

Finastra has launched Total Lending Home, a new cloud-based portal to launch and manage the Total Lending suite of solutions. Current lending products available through the Total Lending Home portal include Fusion LaserPro, Fusion DepositPro, Fusion Compliance Reporter and ProSign Online, with additional lending products to follow.

Benefits of the portal include a single sign-on, powered by Microsoft’s secure Azure Active Directory, for all Finastra’s Total Lending products; the ability to view data from various products for deeper insights and better loan processor efficiency; and value-adding services, such as a repository for regulatory news.

The portal provides a clean and consistent user interface to clients using multiple Finastra solutions. Most significantly, as Finastra migrates its various lending solutions to the cloud, Total Lending Home will serve as the bridge to ease clients’ cloud journeys by serving as a single access point for the Total Lending product suite.

According to a recent report from IBM, 91% of financial institutions are actively using cloud services or plan to within the next six to nine months. Finastra already has its flagship U.S. core banking solution, Fusion Phoenix, and its mortgage solution, Fusion Mortgagebot, on the cloud.

Mitch Lucas, Vice President, Product Management, Development & Legal, Finastra, said: “Lending departments struggle to maintain their focus on lending while simultaneously dealing with challenges relating to infrastructure, applications, processes and data. Moving to the cloud can help alleviate these burdens but brings its own challenges related to the transition. Finastra is committed to making the transition to the cloud as easy as possible while also providing a state-of-the-art user interface to help facilitate the journey.”

Recently, IBS Intelligence reported that Finastra announced its collaboration with Salt Edge to improve the speed of compliance with the Payments Service Directive 2 (PSD2) and other global Open Banking standards for banks and Electronic Money Institutions (EMIs) worldwide.

Previous Article

September 23, 2021

BPCL and SBI Card launch co-branded RuPay contactless credit card

Read More
Next Article

September 23, 2021

Wise launches its multi-currency investment feature Assets in the UK

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Equifax & Mastercard to combat Payment Fraud in Latin America

Read More

December 06, 2024

Veefin Group strengthens leadership with two senior appointments

Read More

December 06, 2024

Valu-Trac adopts Temenos SaaS to scale Fund Administration in the UK

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More