HCL Capital Stream Lending Group, a division of HCL Technologies which provides straight through processing (STP) solutions for lending operations is going to bring a new technology solution for banks in an extended alliance with Misys, the global application software and services company.
Misys and HCL will work together to integrate HCL’s CapitalStream solution, the leading platform for business and commercial loan origination, into Misy’s market leading commercial lending solution suite, Misy’s Loan IQ The addition of HCL’s expertise In loan origination affirms Misys Loan IQ as a complete front-to-back loan solution
Misys will market the new integrated loan origination module under its own brand to complement its existing modules for front office loan syndication and secondary trading, back office loan servicing, compliance monitoring and reporting across front, middle and back office operations.