Lending Software Development Services
Blanc Labs offers a comprehensive range of technology development and strategy services specifically designed to enhance lending operations.
Modernize Your Lending Operations
Our lending software development services are geared toward financial institutions that want to drive better results with their loan management software and processes.
By automating key aspects of the loan management lifecycle, we enhance the capabilities of banks, FI’s and credit unions to deliver an exceptional customer experience while improving employee productivity.
Explore our services to see how you can gain a competitive edge in the market.
Lending Transformation Outcomes
Our Lending Solutions
Our Lending Software Development Approach
We prioritize customer-specific data at the heart of our solution. Our approach includes building a flexible and extensible data model that fully supports the unique needs of our customers.
Before constructing a solution, we meticulously capture our client’s risk calculation requirements. This ensures that our solution is tailored precisely to meet their specific needs and effectively address their risk assessment challenges.
We employ process mining and mapping techniques to understand in-house processes and data flows which allows us to work with clients to re-engineer workflows while prioritizing compliance and efficiency. Our solutions are designed with flexibility in mind, allowing for the integration of new workflows and calculation methods to meet future business needs. This ensures the adaptability and scalability of lending automation platforms as your organization evolves and expands.
During the integration phase, we prioritize creating flexibility in our solutions to integrate with Systems of Record and software applications, such as nCino, Portfolio Plus and Enterprise CRM tools like Microsoft Dynamics and Salesforce. This ensures a smooth and efficient integration process, allowing for streamlined data flow and enhanced functionality across multiple platforms.
We employ an agile methodology to expedite product delivery, allowing us to achieve early wins and rapid progress. By embracing an iterative and flexible approach, we ensure efficient development cycles, quick feedback loops, and timely delivery of valuable solutions to our clients.
Process Mapping, Mining, and Engineering
Lending is a process and data driven industry. In many cases, there are a number of overlapping commonalities in how organizations originate, underwrite and manage their loan portfolio but each company has unique nuances that are proprietary. Our teams are experts at engaging with in-house teams to comprehensively map lending workflows. From there, we adopt measurement techniques and map data flows to identify opportunities for process engineering to take advantage of new tools and automated workflows to ensure more accurate and reliable data throughout the loan lifecycle.
Accelerate Time to Market
Drive faster time to market and keep up with digital native competitors. Streamline underwriting and loan processing timelines by leveraging 3rd party data sources, aggregation, and data formatting in your loan origination software. Accelerate data analysis and reporting while minimizing errors and ensuring auditability. Improve the time to approval from borrower application to final approval, ensuring an efficient lending process.
Enable Better Business Outcomes
Establish the capability and capacity to achieve technology-enabled business outcomes. We have helped a number of lending clients create a comprehensive transformation roadmap, conduct thorough business casing, and generate momentum for successful implementations. We specialize in helping lenders realize and effectively demonstrate the true value derived from your investments in digital transformation.
We are passionate about automating labor-intensive and error-prone tasks, such as paper-heavy, redundant, unscalable, and time-consuming processes. We aim to eliminate manual and multiple data entries and reconciliations and reduce the effort it takes to manage internal and external reporting requirements. The desired outcomes are to free up operations personnel to focus on more productive work. Avoid unnecessary fees and interest charges, resulting in cost savings and improved operational performance.
Lending Industry Insights
What is lending software?
Lending software powered by machine learning and integrated financial advisory systems enables lenders to optimize operations, enhance risk management, and deliver exceptional customer experiences by analyzing data, assessing credit risk, and providing tailored financial advice.
What is digital lending software?
Digital lending software is a specialized IT solution that facilitates and streamlines the lending process through digital channels. It offers end-to-end digital solutions for online loan applications, processing, and management while providing automated workflows and improved customer experiences.
What is commercial lending software?
Commercial lending software is a specialized tool designed to automate the lending process for financial institutions. With features like loan calculators, it streamlines management of commercial loans, ensuring efficiency, compliance, and informed decision-making, ultimately enhancing service quality.