22 October 2017
visit www.response.ncr.com

Fiduciam taps Profile Software tech to manage lending processes

08 February 2016  |  1801 views  |  0 Source: Profile Software

Profile Software, a leading financial solutions provider, announced today that Fiduciam, a fast-growing London-based alternative lender, selected FMS.next, a banking software suite, to effectively manage their lending processes.

Fiduciam is a pension-fund owned lender to entrepreneurs and small and medium-sized enterprises. A key success factor for Fiduciam has been its continuous focus on taking advantage of new technology platforms in order to make credit more flexible, accessible and efficient for a wide range of businesses.

Following extensive due diligence of software solutions, Fiduciam selected Profile’s FMS.next marketplace lending solution to experience the flexibility, ease of use, automation of processes, security, rigour, controls, data protection and regulatory compliance which are all critical for a business challenger. Henrik Takkenberg, Director at Fiduciam comments: “FMS.next allows us to reduce the origination cost of secured loans by over 70%. FMS.next redefines the IT set-up for banks and is part of a technology wave which will very much challenge traditional banks.” 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15103 views comments | 17 tweets | 29 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13466 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9922 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9903 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8910 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job