You decided to transform your lending operations – now what?
When you partner with an informed, professional and independent third party, you improve your likelihood of selecting the technology that is right for your bank. Our recommended approach:
- Develop your bank’s requirements for the new LOS
- Create the request for proposal, incorporating our industry experience and factoring in trends in lending
- Invite vendors to participate, evaluate written responses, schedule and manage system demonstrations
- Conduct due diligence on the vendors
- Provide decision support documents for your decision makers to make their choice
- Negotiate with the vendor
- Manage the losing bid process
With experienced help, your bank can find the solution that best fits your strategy.