Case Study: Banco Popular achieves 25% cost savings in commercial lending with Misys FusionBanking Loan IQ

Banco Popular consolidates and transforms commercial lending

Banco Popular, Puerto Rico’s leading financial institution, was struggling with fragmented commercial lending operations across more than 100 employees and 17 different lending applications, making it difficult to gain control, improve efficiency, and keep up with changing regulatory demands. To address this, Banco Popular turned to Misys and its FusionBanking Loan IQ platform to help modernize and consolidate its lending environment.

Misys is helping Banco Popular reduce its lending application footprint from 17 systems to five, using Misys FusionBanking Loan IQ as the foundation for more streamlined workflows and better data accuracy. The bank expects the transformation to deliver at least 25% in cost savings, along with stronger operational insight, greater agility, and faster responses to regulatory changes and customer needs.

Banco Popular

Francisco Maldonado Morales

Senior Vice President Commercial Loans Operations