The systems that banks use to process loans for products like credit cards, mortgages, and student loans are all quickly evolving. Like capital markets technology, bolt-on partners who provide everything from FICO scores to analytics play an important role, and the amount of information to process is enormous.
Intel platforms support the open standards for strategies like Service-Oriented Architectures (SOA) that these bolt-on suppliers commonly use. These standards, platforms, and strategies are driving new initiatives and offerings.
Consumer Lending: Top 10 Technology Initiatives for 2011
This TowerGroup Research Note highlights the major business dynamics and the ten most important technology initiatives in consumer lending for 2011.
Top U.S. Lenders Answer Five Easy Questions: Learn to Dance in the Rain
Christine Pratt, from Aite, asked leading banks how they use technology in their lending business. The questions are easy to ask, but allow for a variety of interesting responses that provide a meaningful insight into the challenges and trends in the banking industry.
Stay competitive with the right technology
To stay ahead in the consumer-lending segment and to support risk-management goals, investment in data analytics, segmentation, and reporting must remain constant. Intel’s latest server processors provide the high-level performance to help any banking institution manage the risk involved in today’s retail-banking environment.