Boston, August 13, 2020 –Justifiably spooked by a dramatic economic downturn, lenders are facing the same high borrower expectations and intense competition from their peers as before, but now in conjunction with the rapidly deteriorating financial health of many consumers and serious obstacles to loan origination through in-person channels. Those lenders that have already transformed their lending processes by using a leading retail loan origination system are arguably better positioned to weather this storm.

Leveraging the Aite Matrix, a proprietary Aite Group vendor assessment framework, this Impact Report evaluates the overall competitive position of 14 vendors, focusing on vendor stability, client strength, product features, and client services. This report profiles Alchemy, ARGO, Axe Finance, Baker Hill, FICO, Finastra, Fiserv, Kuliza, nCino, Nucleus Software, Origence, Q2, TurnKey Lender, and Wipro Gallagher Solutions. Two additional vendors, Comarch and Oracle, are profiled in this report but are not included in the Aite Matrix analysis.

This 94-page Impact Report contains 17 figures and 25 tables. Clients of Aite Group’s Retail Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.