The Solution: Baker Hill
The bank originally implemented Baker Hill’s loan origination software in 2004 and has leveraged the origination solution through its rapid growth by adding more solutions such as AppLink, Exception Advisor, Statement Analyzer and Advisor for Portfolio Risk Management.
With Baker Hill’s solution, the bank manages business credit requests with greater speed and consistency. Baker Hill offers a web-based solution, which allows Western Alliance to process loan applications, track the effectiveness of its process and generate reports anywhere with an Internet connection as long as it’s connected via a secure bank portal. The solution also ensures consistency in the lending process by embedding Western Alliance’s specific credit policies within the solution.
Furthermore, the loan origination software aggregates personal and business financial history and uses relevant data during the underwriting process so the bank has a comprehensive view of each applicant, supporting quality lending decisions.