Press Release
April 10, 2009
WebEquity Launches Version 7.0
On-demand lending software enhanced to deliver seamless integration with the Jack Henry core banking and Harland loan document software systems.
OMAHA, NE -- WebEquity Solutions® LLC (WebEquity), the proven leader of on-demand lending software, today announced the availability of WebEquity® version 7.0. The new release delivers Web Services application programming interface (API) layer to provide seamless integration between WebEquity and core banking, CRM and legal loan document systems.
“Our bank has been using WebEquity since 2004 to analyze our loan portfolio. We were excited to hear that WebEquity’s API enhancement will give us the ability to streamline our entire lending process end-to-end, eliminating the need to rekey data from our core system into our loan documents,” said Nanette Pfeiffer, commercial/AG loan officer of Liberty National Bank.
The WebEquity software helps financial institutions automate the entire lending process from customer relationship management to credit analysis, loan decisioning and portfolio risk management. Uniquely, the WebEquity system works for all loan types including agriculture, commercial, commercial real estate and consumer credits. WebEquity’s integration capabilities will enable lenders to maintain synchronization of general customer and credit information with their core banking systems to incorporate loan balances, deposit relationships and perform other time-saving functions. The Web service API layer provides an open, seamless approach to integrate with virtually any core banking system, loan document software or CRM product.
WebEquity Version 7.0 delivers the following integration:
Core Processor Integration— WebEquity 7.0 leverages the Jack Henry jXchange, a real-time services-oriented architecture on a .Net platform, to deliver integration to the Silverlake® and CIF 20/20 systems. WebEquity also plans to deliver integration to several other core banking systems later this year.
Loan Document Integration—Version 7.0 also provides integration directly to Harland Financial Solutions’ Laser Pro® Basic and Laser Pro® Plus loan document systems. This integration helps lenders eliminate the time-consuming data entry required in preparation of closing documents. In addition, WebEquity will be delivering integration to the ARTA®, Rembrandt® and ComplianceOne® loan document systems from Wolters Klewer Financial Services.
“In today’s business climate, financial institutions of all sizes must strive to gain efficiencies in their internal operations and to look for ways to reduce operational costs,” said Doug McGregor, CEO of WebEquity Solutions. “The integration we are delivering will help our customers save time and money as we eliminate redundant data entry and improve data accuracy while eliminating the IT costs for building and maintaining custom interfaces across their banking systems.”
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 www.webequitysolutions.com.
