Countrywide Capital Markets, a division of Countrywide Financial Corporation, a US residential mortgage provider, has installed Misys Loan IQ to manage its commercial mortgage business. The solution, implemented earlier this year, offers Countrywide a single software platform to book, maintain and sell loan positions. Already widely known in the home mortgage market in the US, Countrywide established a commercial mortgage business, Countrywide Commercial Real Estate Finance, in 2004. It therefore needed a technology solution to underpin activity in this new business and support administration and accounting for loans and trades. Following a comprehensive review, the company selected Misys Loan IQ for its integrated loan administration and accounting functionality. Misys Loan IQ’s Mark to Market calculations and built-in accounting sub-ledgers provides Countrywide with a powerful solution that can manage and administer its commercial mortgage business and allow for growth into other commercial mortgage products if required.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more