Linedata (Euronext Paris:LIN), the global solutions provider dedicated to the investment management and credit industries, has partnered with ExactBid.
RIMS and the Linedata Capitalstream loan and lease origination and risk management platform are now seamlessly integrated.
This partnership further streamlines the due diligence process for Capitalstream users. Lenders, lending assistants, and underwriters can now order services such as appraisals, environmental reports, evaluations and property inspections within Linedata Capitalstream. Information will only have to be keyed in once, improving efficiency and accuracy. Users will receive real-time updates, and completed RIMS reports will flow directly into Linedata Capitalstream so that all relevant information is available on one platform.
Raegan Stuart, Executive Vice President, Head of Lending & Leasing, North America, said: “The valuation of commercial properties can be complex and ExactBid has developed a leading position in the appraisal market. The integration of our platforms will enable our customers to better meet their operational and regulatory challenges and illustrates Capitalstream’s continued drive to work with specialist partners to add value for our clients.”
The Linedata Capitalstream lease and loan origination and risk management platform automates disparate, paper-based, and high-touch operations into a fully-integrated, straight-through processing lease/loan front office solution. Linedata Capitalstream provides the business and risk intelligence and process optimization that credit teams need to manage risk, assure compliance, streamline product delivery, and grow customer relationships.
Matt Cotter, CEO, ExactBid, said: “ExactBid is delighted to partner with Linedata Capitalstream. The seamless integration enables our customers to simplify the process of order services within Linedata Capitalstream, so they can work more efficiently and grow their business.”
Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1250 employees in 20 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 166.8 million in 2016. This company is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP.