Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}


With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All


In order to keep pace with smaller and more agile competitors, the largest banks in the U.S. banking industry have been undergoing massive technological enhancements to loan origination and accounting systems. Most major banks have formed strategic partnerships with FinTech development and software firms to build customized solutions. However, these technology companies typically lack commercial credit expertise which creates downstream challenges with implementation of these customized solutions. 


Without dedicated credit-trained resources to efficiently test and remediate loan and data issues, these challenges extend to various lines of business, compliance testing and regulatory reporting. The Banking & Regulatory Solutions (BRS) was engaged by a large U.S. bank to provide their credit expertise to an enterprise wide technological transformation.


The servicing system in question had to have every account manually reviewed to verify appropriate boarding onto the system. After verifying the loan was loaded properly into the system, team members were required to unwind all transactions back to system inception and recalculate all distributions to investors manually. The team spent a year within the bank to remediate loan and data conversion issues.


Our team provides the needed commercial credit and banking expertise to provide advisory services at the highest level. Our team quickly mobilized thirty-five team members to three different office locations throughout the country to support a remediation assignment after a hastily carried out software implementation. The BRS team consisted of a Project Manager, Team Lead, Quality Control Specialists, Remediation Specialists, and Servicing team members working on large and complex commercial loans.


The BRS team successfully remediated the loan boarding and investor distribution issues for the entire portfolio, approximately 10,000 loan files accounting for over $100 billion in assets reviewed. Our team’s support freed bank staff to revamp training of full time employees on policy and procedures, alleviating these onboarding and distribution issues going forward.


In addition to filling the immediate knowledge gap during the implementation, our team partnered with the bank to develop quality control measures on the new software for internal and external regulatory reporting. As a result, our team moved into a new technology support role within the bank that resulted in our involvement in various additional technology advisory assignments.