Finastra unveils LaserPro Evaluate for commercial loan processing

Finastra has introduced LaserPro Evaluate, a cloud-native solution aimed at streamlining commercial loan origination and processing for banks and credit unions, as lenders accelerate efforts to modernise legacy lending infrastructure.

The new offering is designed for financial institutions that continue to rely on spreadsheets, manual processes or non-banking systems to manage commercial loan workflows. The solution is hosted on Finastra’s Total Lending platform and forms part of the broader LaserPro Lending Platform suite.

LaserPro Evaluate focuses on digitising and automating key stages of commercial lending, including financial analysis and secure document exchange. Finastra said the platform reduces manual intervention, shortens time-to-close and improves operational efficiency for both lending teams and borrowers.

“LaserPro Evaluate is a major step forward for institutions looking to modernise their lending operations,” said Mitch Lucas, VP, Product Management, Retail Lending at Finastra. “It’s designed to meet customers where they are, offering flexibility, efficiency, and future-ready capabilities.”

The product’s cloud-native architecture enables automatic updates and scalable deployment, reflecting a wider industry shift toward software-as-a-service models in core banking and lending technology. Modular deployment and licensing allow institutions to implement the solution independently or alongside other LaserPro components, providing incremental modernisation without full system replacement.

Craig Focardi, Principal Analyst at Celent, said cloud-based origination and processing tools are becoming central to lenders’ digital transformation strategies. “As banks and credit unions race to meet digital-first expectations, cloud-native origination and processing platforms have become essential for streamlining complex workflows, reducing operational risk, and delivering faster, more transparent lending experiences,” he said. “Secure document automated financial analysis and secure document exchange improve decisioning speed and accuracy, which improves customer satisfaction and the lender’s bottom line.”

The launch comes amid heightened competitive pressure in commercial lending, where speed, transparency and regulatory compliance have become differentiators. By integrating automated financial analysis and supporting future extensibility for AI, analytics and third-party integrations, Finastra is positioning LaserPro Evaluate as a platform capable of evolving alongside changing risk models and borrower expectations.

LaserPro Evaluate expands Finastra’s lending technology portfolio at a time when financial institutions are reassessing legacy infrastructure and seeking scalable, cloud-based alternatives to support growth and regulatory demands.