IMM supports primary lending platforms from CRIF Lending Solutions
Interface furthers ease, efficiency of lending process for financial institutions and consumers
LINDEN, NJ (October 22, 2013) — IMM, a provider of innovative eSignature, workflow and document solutions for financial institutions, today announced that TotaleAtlas fully supports the entire line of CRIF Lending Solutions’ primary lending platforms, including CRIF ACTion, LoanCenter and SAIL.
By seamlessly interfacing with CRIF Lending Solutions’ platforms for consumer and business lending, IMM’s eSignature and document workflow technology is extending the customer service capabilities and back office efficiencies for financial institutions. Lending data from CRIF Lending Solutions is integrated with TotaleAtlas to generate custom electronic documents, presenting forms for both in-person and remote electronic signatures. Upon document processing completion, TotaleAtlas seamlessly archives the documents into the financial institution’s imaging or records repository.
New York-based NEFCU is already benefitting from IMM’s expanded support of CRIF Lending Solutions’ platforms. Robert Leventhal, special projects technology liaison for the credit union, explained, “The combined power of CRIF ACTion and IMM makes the lending process we deliver stronger and more convenient for members. IMM enables us to electronically automate the previously manual tasks of scanning and indexing documents for long-term storage.”
“We are very excited to continue our partnership with IMM to enhance the capabilities of our ACTion, LoanCenter and SAIL loan origination systems,” said Larry Howell, chairman, CRIF Lending Solutions. “With the needs of our clients constantly evolving, we remain committed to finding innovative ways to increase efficiency and drive growth.”
TotaleAtlas automates the entire document creation, signature and archival process, eliminating traditional paper-based processes to improve the speed, savings and security of any business transaction.
Leventhal added that having IMM’s technology integrated with CRIF ACTion makes a world of difference for the credit union’s staff, completely taking the guesswork out of selecting the proper forms for each loan. With an auto loan, for instance, the system understands based on specific criteria for that loan type the document(s) a member must sign, completely eliminating confusion that once created delays and errors.
“As IMM and CRIF Lending Solutions each grow our own technology platforms, it is a natural step to expand and enhance our longstanding partnership,” said John Levy, co-founder and EVP, IMM, and board member of ESRA (Electronic Signature & Records Association). “The lending process is notorious for being extremely document-centric and often labor intensive for both financial institutons and consumers, and together with CRIF Lending Solutions we are working to change that.”
Based in Linden, N.J., IMM develops and delivers innovative technology solutions that enable financial institutions to electronically streamline their business operations and processing environments. With a strong and secure legacy of serving more than 600 banks and credit unions with solutions for eSignature capture, business process (workflow) automation, and document presentment, IMM continues to create advanced software applications that promote clients’ sustainability while dramatically increasing productivity and operational efficiencies. The company is a longtime advocate of eSignature adoption and education, active in ESRA to advance the public’s understanding of issues surrounding the use of electronic signatures and records. For more information, visit www.immonline.com or connect with the company on LinkedIn, Facebook and Twitter @imminfo.
About CRIF Lending Solutions
By bringing together the automated lending technology and services of Aimbridge, APPRO, Cypress, FLS, Magnum and Teres, CRIF Lending Solutions provides loan and account origination, business process outsourcing, credit decisioning, data access and analytics solutions to over 650 of the most successful U.S. financial institutions including banks, credit unions, finance companies, retailers and credit card processors. CRIF Lending Solutions is organized into four dedicated divisions: CRIF ACTion includes APPRO, Cypress and Teres products; CRIF Select includes Aimbridge and FLS services; CRIF Synergy features Magnum products; and CRIF Achieve offers cost-effective, analytic decision management solutions. With over $106 million dollars in equity, CRIF Lending Solutions is a part of CRIF, a global company specializing in the development and management of decision support systems worldwide. For more information, visit www.criflendingsolutions.com.