Linedata Capitalstream is selected by Aite Group on a ‘short list of vendors when banks are considering extensive automation of their Loan Origination Operations’
PARIS, SEATTLE, IRVINE, TORONTO, LONDON, May 3, 2016 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, is pleased to announce that Linedata Capitalstream, an industry leader for credit decision makers, has been shortlisted in Aite Group’s “Commercial Loan Origination: Evaluating Scale-Enabling Vendors” January 2016 report.
The report explores key trends within the global market for commercial loan origination systems, compares vendors’ offerings and strategies, and awards vendors for their strengths in critical areas. It is based on the results of a 2015 in-depth Aite Group request-for-information process with system vendors as well as product demos and client references.
According to David O’Connell, Senior Analyst at Aite Group, Linedata Capitalstream is “able to address the majority of tasks across the life cycle of a loan with out-of-the-box functionality, capabilities for extensive integration, and a large body of preconfigured reporting and analytics. Linedata should be on the short list of vendors when banks are considering extensive automation of their loan origination operations.”
“As a partner to our clients, we are committed to continually investing in product development and providing new features that meet our clients’ needs. We aim to support our clients throughout the life and expanding growth of their business” commented Alain Mattei, Head of Lending & Leasing Business Lines at Linedata. “We are honored to be named as a top contender in the Aite report as a top Loan Origination Platform selection.”
Linedata is a globally recognized leader in the lending and leasing industry assisting ﬁnancial institutions with the development of their business worldwide. With over 450 professionals focused on lending and leasing, Linedata serves more than 130 institutions in 35 countries.
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1000 employees in 16 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 172.3 million in 2015. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
ABOUT AITE GROUP
Aite Group is an independent research and advisory firm focused on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, securities & investments, and insurance, Aite Group’s analysts deliver comprehensive, actionable advice to key market participants in financial services. Headquartered in Boston with a presence in Chicago, New York, San Francisco, London, and Milan, Aite Group works with its clients as a partner, advisor, and catalyst, challenging their basic assumptions and ensuring they remain at the forefront of industry trends.