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DYNAMIC XPERT FINANCIAL SOLUTIONS
LoanXpert

Centralizing and standardizing loan covenants and documentation can help save money, reduce exposure and improve the quality of your loan portfolio. With LoanXpert, financial institutions have a state-of-the-art tool to reduce the number of exceptions, minimize loan loss risk and decrease client servicing costs.

LoanXpert provides a flexible framework to securely monitor document, policy, compliance and exception management across lines of business using a proprietary workflow engine developed by Sydel Corporation. By automating the administrative and relationship management aspects of loan portfolio management, the financial institution has a centralized database allowing for the:

  • Loan pre-approval workflow including over fifteen steps to handle every step of the approval
  • Entry and/or upload of loan details, covenants and loan administration items
  • Risk Rating of loans using uniform criteria provided by regulatory agencies
  • Development of customizable letter templates to send to borrowers and guarantors outlining their documentation responsibility
  • Notifications to Account Officer that covenants or documents should be reviewed via workflow processes, followed by approval from management and the credit risk department
  • Documentation of covenant or document receipt by account officer and upload of images
  • Loan maturity notifications for renewal or closing out of loans
  • User-defined Concentration Analysis including both summary and drilldown detail

Features

  • Document loans through their life cycle
  • Automatic alerts
  • Multi-step loan approval workflow
  • Risk rate loans
  • Loan concentration reporting

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