Banco Popular consolidates and transforms commercial lending
5 February 2015
Banco Popular is working to consolidate its existing portfolio of 17 lending applications to just five, with Misys FusionBanking Loan IQ acting as its strategic foundation.
Leveraging this new platform, Banco Popular can now take advantage of more accurate data and streamlined workflows across the lending lifecycle.
With more than one hundred employees handling different commercial lending back-office processes across a disparate collection of lending systems, Banco Popular found it challenging to gain the insight and control necessary to run cost-effective operations and keep pace with ever-evolving regulatory demands.
This case study highlights how Banco Popular de Puerto Rico (BPPR) is working to consolidate its existing portfolio of 17 lending applications to just five, with FusionBanking Loan IQ.