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Expersoft offers LM1, the digital loan management solution for optimised app-to-close cycle

Updated: Jan 21, 2020

Expersoft, in collaboration with sister-company Whitestein Technologies, is launching a new product called LM1. The process-driven application optimises the "application-to-close" process by fluidly harmonising the work of loan officers, underwriters and post-closers. Redundant work is banished and efficiencies exposed across the business. LM1 unifies electronically the workspace for loan lending teams enabling them to seamlessly collaborate with task-flow and chat functions, facilitating access to information and therefore reducing the risk of errors. LM1 can integrate with various core banking systems and third party information sources.

The LM1 solution meets the key banking standards and adapts to the very specific requirements of the loan business.

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