Case Study: NORD/LB achieves lower-cost, more efficient lending services with Misys FusionBanking Loan IQ

NORD/LB delivers top-quality lending services at lower cost

NORD/LB, one of Germany’s largest state-owned banks, needed to modernize an aging loan management environment that had become overly complex, with nearly 60 interfaces, many redundant third-party systems, and heavy reliance on manual, paper-based processes. These inefficiencies were increasing cost and making it harder for NORD/LB to deliver the fast, responsive lending service customers expected.

Misys implemented Misys FusionBanking Loan IQ as NORD/LB’s strategic loan management platform, consolidating lending processes into a single system and automating tasks such as reporting and customer communications. The result was reduced complexity and lower costs, with the bank reporting savings from eliminating third-party software licenses and seeing benefits in less than two weeks, while also processing more deals faster and improving customer visibility through real-time digital updates.

NORD/LB

Philip Brand

Application Manager