Case Study: a leading cloud-based lending platform achieves streamlined loan origination with Persistent Systems’ Unqork no-code platform

Leading US Lending Provider Transforms Loan Origination System with No-Code Platform

Persistent Systems worked with a leading cloud-based lending platform and online marketplace in the US to simplify the loan application process and create a more collaborative, transparent experience for banks and end customers. The customer also wanted an omnichannel UI to improve the user experience across the loan origination journey.

Persistent Systems implemented Unqork as a no-code front-end UI and workflow orchestration platform to manage the application process through readiness for loan offers, integrating with five applications and connecting to the legacy loan origination system for further processing. The solution delivered a comprehensive loan lifecycle dashboard, reusable components that could support products like student loan refinancing and private student loans, a mobility app, and a merchant portal for contractors, improving visibility and expanding the platform’s reach.