Common Origination Platform
The only origination system that provides the framework for enterprise lending on a single platform, Common Origination Platform™ from Fiserv supports origination of multiple loan types, provides a holistic view of borrowers across all channels and products, and enables lenders to move from a product-centric to a process-centric lending model.
Overview
Common Origination Platform is a single, enterprise lending solution designed to originate real estate finance, consumer, commercial and small business loans. With this solution, lenders can establish their own business standards, including operating procedures, conditions and limits, automating virtually every transaction and promoting consistency of process. Common Origination Platform also offers best-practices workflow and integration with third-party services.
Unlike other origination platforms, which may require additional components or modules to qualify as an enterprise lending solution, all capabilities within Common Origination Platform are built on the same technology and easily enabled.
Features
- 360-degree view of borrower: Because Common Origination Platform provides a 360-degree view of the customer, with data in one place regardless of the point of origin or loan type, lenders are better able to maximize the value of each customer relationship
- Streamlined loan processes: Streamlined processing and more timely credit decision enhance the customer experience
- Standardization of procedures: Having a single system for all kinds of loan origination simplifies staff training and empowers associates to move more easily into other lending positions
- Enhanced understanding of market trends: With all loan origination occurring on a single platform within a single system, the ability to spot product trends and pursue the most profitable cross-selling opportunities is enhanced
For more information on Common Origination Platform and other solutions from Fiserv, call us at 800-872-7882 or Contact Us.
