It turns out, banks can gain a lot from business tools. That’s probably why business solutions company VASCO and financial services software company Finastra teamed up. Under the agreement, London-based Finastra now offers an interface from its LaserPro loan origination solution to VASCO’s eSignLive e-signature solution.
The LaserPro loan origination solution offers a streamlined way for commercial lenders to originate and process loan transactions. By adding eSignLive’s e-signature capabilities, LaserPro will make the loan signing process even more efficient. The integration will reduce costs and manual errors for lenders– making a clean audit trail– and will offer borrowers flexibility on when and where they sign their documents.
“Digital loan origination and processing require a high amount of compliance and financial institutions need to balance those requirements with security and ease of use,” said VASCO Chief Executive Officer, Scott Clements. “In partnership with VASCO, Finastra is enabling a trusted process and trusted transactions, which are essential in digital loan origination and processing.”
VASCO President Tommy Petrogiannis and Director of Technical Sales Francois Leblanc demo at FinovateFall 2017 in New York
VASCO most recently presented eSignLive at FinovateFall last month in New York. The company’s President Tommy Petrogiannis and Director of Technical Sales, Francois Leblanc, took the stage to debut the eSignLive Digital Lending Solution. The solution leverages the blockchain and e-signature capabilities to offer a fully compliant, fully digital lending solution. In July, VASCO appointed Scott Clements as CEO and earlier this year was selected by Mizuho Bank for its DIGIPASS, digital application security solution.
Finastra was formed earlier this year by acquiring and combining D+H and Misys. London-based Misys debuted its Fusion.Fabric.cloud software development environment at FinovateEurope 2017 in London.