Andera announced earlier this week that PerkStreet Financial will use its paperless system for account opening and lending. The system was developed by oFlows, which Andera acquired in October of last year.

Jason Henrichs, PerkStreet COO, said that they chose the solution in order to deliver a fast and convenient account-opening process that customers can access 24/7.

To learn more about Andera, watch its FinovateFall 2011 demo.