Austin, Texas, July 21, 2020 - Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions, is excited to announce an alliance with Finastra, in which the two firms have launched an API — built on FusionFabric.cloud, Finastra’s open and collaborative developer platform and marketplace for financial solutions — to provide deep interconnectivity between Abrigo’s Sageworks loan origination solution (LOS) platform and Finastra’s Fusion LaserPro loan documentation solution.
Helping community financial institutions drive growth by streamlining key processes is a top focus at Abrigo. Customers of Abrigo and Finastra will now have access to Finastra’s best-in-class document preparation for increased automation and efficiency. The newly available integration with Finastra’s Fusion LaserPro is an additional way to equip financial institutions to make smarter, faster loan decisions.
“Abrigo is committed to providing innovative technology to our customers, and our collaboration with Finastra is a testament to that commitment,” said Jay Blandford, President of Abrigo. “The Fusion LaserPro integration is critical for creating an efficient, streamlined lending process.”
The integration of Fusion LaserPro within the Sageworks LOS enables banks and credit unions to save time by automating compliance-ready document preparation. With Fusion LaserPro, credit analysts and loan servicing staff are able to select information easily within Sageworks and generate loan documents in Fusion LaserPro, without exporting files or specifying mapping rules. Furthermore, Abrigo automatically validates the data before it is submitted to Fusion LaserPro.