WebEquity Delivers Integration for the Fiserv Premier Core Processing System

Share Article

On-demand lending software provides seamless integration with a leading core processing and loan accounting software solution.

Integration between the WebEquity lending software and our Premier system will save our staff a significant amount of time by eliminating the need to input redundant data once we have approved a loan

WebEquity Solutions™ LLC (WebEquity), the proven leader of on-demand lending software, announced today that it has enhanced the WebEquity Application Programming Interface (API) layer to deliver seamless integration with the Premier® core processing system from industry leader Information Technology, Inc. (ITI), a unit of Fiserv. The open integration enables lending institutions to achieve greater customer data transparency, eliminate time-consuming data entry and improve data accuracy across the disparate banking systems.

By seamlessly integrating the WebEquity on-demand lending software with Fiserv's Premier core banking system, WebEquity is meeting one of the most urgent needs for lenders; the ability to have a much more comprehensive view of their customer data. This visibility will arm an institution's management team with the information they need to make sound credit decisions and effectively manage the risk of their loan portfolio.

"Integration between the WebEquity lending software and our Premier system will save our staff a significant amount of time by eliminating the need to input redundant data once we have approved a loan," said Keith Knudsen, executive vice president of Security National Bank. "This integration will also provide us with a more complete view of our credit customers to help us manage the risk profile of our loan portfolio."

The WebEquity on-demand lending software is designed to automate the entire lending process for all loan types including commercial industrial, commercial real estate, agricultural, small business, construction and consumer loans. In addition to addressing the need to integrate with core processor systems, WebEquity's open API layer also simplifies the connectivity to any outside software system such as legal loan document and customer relationship management (CRM) systems. Versions of the Web services API layer have previously been delivered to integrate with Salesforce.com, Wolters Kluwer's Arta software, Jack Henry's 20/20 and Silverlake packages, Laserpro and Microsoft's CRM system.

"The recent credit crisis has made credit quality and portfolio risk management top priorities for lenders," said Doug McGregor, CEO of WebEquity Solutions. "Open systems integration has been a priority for WebEquity because it will play a critical role in enabling an institution to access all the information required to make profitable lending decisions and accurately assess the overall risk of its loan portfolio."

The Fiserv Premier integration is immediately available for WebEquity customers; interested parties should contact the WebEquity Professional Services Group at professionalservices (at) webequitysolutions.com or 800-264-0787 ext. 6.

About WebEquity Solutions™:
WebEquity™ is the proven leader in on-demand lending software. More than 500 financial institutions and 10,000 lending professionals use WebEquity to automate and streamline their lending process and reduce operational costs, while making more uniform and profitable credit decisions. The company offers financial institutions a distinct advantage with a single solution that works for all loan types, an on-demand model that provides centralized, anywhere access, and the flexibility to configure the system so it fits their lending practices. WebEquity serves institutions in the U.S., Canada and Australia. For more information call 800-264-0787 or visit http://www.webequitysolutions.com.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Dave McEvoy
Visit website