bankingciooutlook

Finastra Announces Fusion Originate

Banking CIO Outlook | Monday, May 24, 2021

Fusion Originate combines some of Finastra's best-of-breed lending and account opening solutions, including Fusion Consumerbot, Fusion uOpen, and Fusion MortgagebotPOS, with new business lending features.

FREMONT, CA: Finastra has announced the introduction of Fusion Originate, a unified forum for customer and business deposits, loans, and mortgages. The unified user interface for digital online platforms and back-office benefits from the Finastra UX team's knowledge and design thinking to provide a clear and streamlined user experience with a wide range of features.

"Financial firms have historically had to use different systems for originating loans, deposits and mortgages, creating different internal processes as well as inconsistent user experiences for account holders," stated Steve Hoke, Vice President & General Manager, Mortgage & Lending Solutions, Finastra. "Fusion Originate changes all that. This is a unique offering in the market, providing a single solution for the full spectrum of origination types, so financial institutions can set up their entire digital channel with a common look and feel."

Community banks and credit unions will benefit from Fusion Originate's improved ability to turn the consumer portal into an online sales platform and convert prospects into customers via a self-service application process. The solution seamlessly integrates with a variety of loan origination and core banking platforms from Finastra and third-party providers, providing a real-time onboarding and decisioning origination experience. It provides robust features to prevent fraud and ensure compliance, as well as a coherent, modern UX that complements the branding of financial institutions.

Fusion Originate combines some of Finastra's best-of-breed lending and account opening solutions, including Fusion Consumerbot, Fusion uOpen, and Fusion MortgagebotPOS, with new business lending features. While each of these solutions will remain available separately, clients will have the option to upgrade to the full Fusion Originate package.

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