
in increasingly commoditized markets. While technology has brought innovations like instant pre-approval, the origination process remains manual, cumbersome, and error-prone. Lenders seek to develop innovative lending products that will attract customers and channel partners without compromising their risk-management standards. Pegasystems' rules-based Business Process Management (BPM) solutions close the execution gap between the strategic drive for innovation and execution at the operational level.
Pegasystems' industry-leading BPM platform, PegaRULES Process Commander® (PRPC), enables lenders to automate and enhance a wide range of lending processes - from product development to underwriting, originations, fulfillment, and servicing. PRPC enables continuous improvement by providing the full life cycle of application functionality - model, build, execute, and monitor. This allows organizations to capture objectives, optimize processes, and drive work to completion. Global lending brands and markets rely on Pegasystems to provide flexible, scalable BPM solutions that automate the loan-origination process, support sophisticated pricing schemes, and enable them to increase speed to market with new lending products.
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