22 January 2018
visit http://response.ncr.com

ABN Amro licenses Backshop loan origination software

06 January 2006  |  2254 views  |  0 Source: Backshop

Backshop, Inc., the leading provider of loan origination software for commercial real estate lending announced that ABN AMRO has selected its enterprise solution, cUnderwriter, to manage its European CRE loan production.

Backshop enables lenders to integrate all of their CRE lending into a single, secure web-based platform by providing robust pipeline management, lease-by-lease underwriting, securitization asset summaries and data tapes, and on-line document management.

"ABN AMRO selected Backshop as its origination and securitization system because it is a robust database that handles the pipeline, underwriting, and securitization process, all in one application that can be accessed with a web browser from any computer, anywhere. Major US lenders have spent years perfecting the system and, with relatively few changes, we were able to adapt it for our European CMBS business," said Doug Tiesi, Group Head of Structured Real Estate Capital.

Jim Flaherty, President and CEO of Backshop said: "We are thrilled with the ABN AMRO business as it represents our first European issuer client. Backshop now provides European CMBS players fast and affordable access to a sophisticated securitization application that was perfected in the US CMBS market and is now adapted to the growing European CMBS market."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

ABN Amro

Related blogs

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

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
13251 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8457 views comments | 12 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
8366 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
7353 views 1 | 7 tweets | 2 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job