Using ISGN's Web-based servicing platform, Intercap Lending will be able to improve operational efficiency and more easily meet regulatory guidelines, ISGN says in a release. The lender decided to migrate to ISGN's secure software-as-a-service (SaaS) model in order to lower operating costs and enable smooth transition from existing solutions.
Another primary reason Intercap decided to migrate to ISGN's new platform was its intuitive dashboard and point-and-click reporting.
‘What really stood out to us about LoanDynamix was its executive dashboard,’ says Clay Tol, chief operating officer and director of capital markets for Intercap, in the release. ‘It can take hours to pull reports, but with the new system, we'll be able to generate complete reports within just seconds. This is a huge benefit.’
The solution will give Intercap improved transparency into portfolio and loan-level analytics, ISGN says.
Supporting the entire servicing lifecycle, LoanDynamix can scale from a few thousand to more than six million loans, the company claims.