New Features and Functionality Will Help Financial Institutions Optimize
Processes While Improving Customer Service
LAKE MARY, FL, Aug. 28, 2014 /CNW/ - DH Corporation (TSX: DH) (the
"Company") announced today the launch of a new release of CreditPath™, the Company's integrated lending platform for commercial and
industrial lending, commercial real estate lending, small business
lending, consumer lending and equipment finance. D+H also announced the
launch of CreditPath Connect, an integration toolkit that supports the
rapid integration of third-party systems to CreditPath.
CreditPath is a loan and lease origination platform that enables
financial institutions to optimize their processes across the lending
lifecycle. It is unique in its ability to support, on a single,
flexible and configurable platform, the diverse business processing
requirements for disparate lines of business lending and leasing asset
classes.
"Fifth Third Bank utilizes CreditPath for the underwriting of commercial
credit, portfolio monitoring and credit risk reporting for our
commercial loan portfolio," said Rich Duggan, vice president,
enterprise risk management, Fifth Third Bank. "The solution has helped
us drive efficiencies in our credit process and enabled the
organization to quickly respond to changes in the financial industry
while improving service levels to our customers. We are excited about
the innovation delivered in this release of CreditPath as we look to
continuously improve our customer experience and processes in
commercial credit."
This latest release of CreditPath includes more than 100 new features
and significant enhancements such as improvements to collateral
management to support complexities of utilization and valuation, a
smarter business rules engine to simplify and centralize compliance
infraction tracking, and increased speed and system flexibility to
better facilitate the creation and maintenance of legal documents. In
addition, CreditPath has been refreshed from top to bottom using the
latest user experience conventions to provide an intuitive workspace.
"Margin compression and intense regulatory oversight are forcing
institutions to find ways to reduce their operating costs while
competing for growth and managing risk," said Scott Hansen, senior vice
president, marketing, D+H. "These releases of CreditPath and CreditPath
Connect deliver a lending platform that can integrate to or replace
many internal and external systems with tools that facilitate efficient
business processes, empower users and aggregate operational and risk
data."
CreditPath Connect is a major update to the integration toolkit used to
connect third-party systems and tools to CreditPath. It allows for
seamless integration between the wide varieties of systems that
financial institutions have invested in and rely on each day.
ABOUT D+H
D+H is a leading provider of secure and reliable technology solutions to
domestic and global financial institutions with a reputation for being
a trusted partner that helps clients build deeper, more profitable
relationships with their customers based on rich industry and market
insight, and consumer knowledge. Today, approximately 7,000 banks,
specialty lenders, community banks and credit unions rely on D+H to
deliver solutions across three broad service areas: Banking Technology
Solutions, Lending Solutions, and Payments Solutions. Our integrated,
compliant technology solutions enable clients to grow, compete, and
optimize their operations, while our forward looking approach helps
them stay ahead of the market and anticipate changing consumer needs.
D+H is one of the world's top FinTech companies as measured on the
FinTech 100 list.
DH Corporation is listed on the Toronto Stock Exchange under the symbol
DH. Further information can be found at www.dhltd.com and in the disclosure documents filed by DH Corporation with the
securities regulatory authorities at www.sedar.com.
SOURCE DH Corporation
