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Lending Solution Vendors in the U.S.

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2003/03/28

Abstract

In a new report, Celent Communications examines the leading Internet lending and loan origination systems in the U.S. market.

In a new, 54-page report, Lending Solution Vendors in the U.S., Celent Communications analyzes the solutions of five leading Internet lending vendors and eight loan origination systems. In addition, the study highlights the various key market trends shaping the lending technology market and explore opportunities in the banking and the credit union marketplace. The vendors included in the study are shown in Table 1.

Top Lending Vendors
Internet Lending Systems

Loan Origination Systems

APPRO ALLTEL Harland Financial
CUNA Mutual APPRO Symitar
Digital Insight First American CMSI X/Net
FundsXpress Fiserv
Lending Solutions (LSI) FundsXpress
Source: Celent Communications

"Although the online lending market is in its early stages, financial institutions have realized the advantages of adopting Internet-based lending systems," says Celent analyst Isabella Fonseca, lead author of the report. "Banks and credit unions are migrating to Internet-based technology and creating an open and flexible infrastructure to support multiple channels and business lines to better manage customer relationships."