White Paper: 7 Reasons to Put the Loan Origination System (LOS) in the Cloud
Many FIs are hindered by their legacy loan origination systems (LOS). These systems are often not set up for the needs of a demanding mobile consumer who wants to engage at his convenience. A cloud-based LOS can quickly demonstrate an automated lending workflow with a simple user experience, without disrupting the entire bank’s or credit union’s business. Read on for 7 reasons to modernize loan origination in the cloud.