Finastra, a global provider of financial software applications, has enhanced its cloud-based loan document preparation system, LaserPro.
The enhancements include the integration of AI Assistant for answering user questions, improved small business administration program loan management, geocoding for enhanced data accuracy, and advanced additional provisions for streamlined document management.
More than 75 banks and credit unions have migrated to LaserPro's cloud model, benefiting from the new features and experiencing fast migration times.
Financial institutions see the cloud solution as a way to reduce IT expenses, improve processes, and create an enhanced user experience.