Design custom loan origination workflows without writing a single line of code. Drive innovation with an API-first approach and scale effortlessly. Additionally, manage and monitor loans post-origination through an inbuilt Portfolio Management System.
Commercial customers are demanding swift lending decisions and real-time updates on their loan requests. However, legacy loan origination systems (LOS), with their one-size-fits-all approach, lack the flexibility to reconfigure workflows to meet customer expectations as well as to adapt to evolving regulations. As banks resort to quick fixes, they often increase the operational burden without achieving notable improvements in disbursement speed.
Enter Cync LOS, an ultra-modern loan origination system that allows banks to launch new products and modify existing workflows in minutes. Transform productivity and accelerate loan processing speed with its top-notch artificial intelligence capabilities. Plus, seamlessly manage and monitor loans throughout their lifecycle with an inbuilt Portfolio Management System, ensuring smooth renewals and ongoing compliance.
High Speed-To-Market with No-Code Self-Service Administration Want to launch a new loan product to expand your market? Want to modify your processes to lend faster or to accommodate regulatory changes? With Cync LOS’s codeless template creation, you can reflect business and policy decisions in your loan origination process—across any loan type—without relying on professional services.
Seamlessly transition from loan origination to loan management and monitoring with a unified platform. Effortlessly track payments, review delinquencies, and handle loan renewals. Proactively mitigate risks with covenant tracking and risk rating scorecards to assess default probabilities and potential write-offs. Additionally, gain actionable insights to enhance portfolio health, boost profitability, and improve compliance.
Build a bespoke solution that meets your unique business needs by choosing relevant microservices from Cync LOS’s extensive microservices library. Optimize your loan origination process for agility and efficiency while paying only for the features and functionality you require.
Scale your lending on-demand with guaranteed high availability through a cloud-based deployment, while also eliminating the need for upfront capital expenditure. Embrace open banking with Cync LOS’s API-first approach to seamlessly integrate with your tech ecosystem and consume off-the-shelf third-party APIs to drive innovation.
Enable faster and more accurate credit decisions with embedded real-time cash flow analysis in Cync LOS. Simply upload bank statements in PDF format to instantly access structured, categorized transaction data, 50+ key financial metrics, and critical risk indicators. From identifying recurring income and expense patterns to evaluating liquidity and cash flow health, empower underwriters and analysts with instant, data-driven insights—without the need for spreadsheets or manual calculations.
Take the focus off mundane, repetitive tasks by allowing Cync LOS’s automation to take over. Stop spending hours and instead have top-notch artificial intelligence rapidly churn out GAAP-compliant spreads for analysis. Or automatically track relationship- and loan-specific covenants and ticklers, allowing loan officers and compliance analysts to focus solely on verifying covenant evaluations. Additionally, automate data collection and reporting for compliance, saving valuable time and effort.
Put your team first by customizing dashboard layouts for every role – credit analysts, portfolio managers, or anyone else! With a choice of over four dozen data visualizations and reports, look at data from every possible angle. Provide actionable insights in real time to enable proactive decision-making via delightfully simple user interfaces.
Two-dimensional risk rating capability that calculates not only write-off in case of default but also probability of default. Available to loan officers via an easy-to-understand scorecard.
Compliance checklists for essential regulations such as Regulation B, HMDA, CRA, Regulation O, and more.
Import or upload financial documents and swiftly generate spread financials using our game-changing artificial intelligence.
Identify affiliations between entities and mitigate risks by tracking financial transactions between them.
Ensure lender-borrower transparency as well as compliance via automated covenants and tickler management.
Securely store documents for tracking, compliance, and accountability. Add metadata to facilitate quick and easy retrieval.
Employ rules to calculate ratios and conduct in-depth analysis to track portfolio performance.
Track and document deviations from standard policies to ensure integrity and improve efficiency in loan approval.
Seamlessly connect with third parties via open APIs to foster innovation and improve customer experience.
Automatically extract and analyze financial data from uploaded bank statements. Get categorized transactions, liquidity insights, and over 50 key metrics in seconds—enabling faster credit evaluations without manual number crunching.
“The upload to the BBC calculation went from 4 hours manually per client to 18 minutes with Cync—this was a huge efficiency gain for us. Also, getting information through to clients has gone from 10 days per month for turn days down to 3. Senior management has been very happy with these results.”
* Following its merger with Columbia Bank in March 2023, Umpqua Bank continues to expand Cync ABL adoption across the organization.
“We sought a modern solution to support the growth of our business, and Cync Spreading exceeded our expectations. We needed a highly automated financial spreading platform to enhance productivity, accelerate decision-making, and monitor our clients’ financial positions—and Cync delivered on all fronts. We’ve been able to save approximately 50% of the time previously spent on manual financial spreading.”
“Before Cync Software, our loan processing was entirely manual and Excel-based. We needed a cloud-based solution that would reduce the potential for error, improve the user experience, and provide the automation we needed. Cync Software really went above and beyond by allowing us to customize a solution to better fit our growing portfolio.”
