Inovatec Systems, a provider of cloud-based software solutions for lenders, reached an agreement with Lightico, a software-as-a-service platform, to deliver digitally complete customer journeys to lenders in North America. Through this relationship, lenders can access Lightico’s capabilities directly through the Inovatec LOS.
Lightico delivers its capabilities through its Digital Completion Cloud, which is a no-code, mobile-first solution that enables lenders to complete high-friction interactions such as loan originations and ACH servicing. The digital completion cloud unifies e-signature, document collection, identification, verification, payment and other capabilities. The platform’s workflow engine also enables automated journeys that are fully customizable to lenders’ needs.
“We are very proud to form this partnership with Lightico, which we believe will translate into very tangible benefits to clients looking to improve speed, accuracy and compliance within the loan origination process,” Vlad Kovacevic, co-founder and CEO of Inovatec, said. “Inovatec has always stressed the importance of integrating best-of-breed third-party solutions into our LOS, LMS and direct consumer portals to deliver maximum value to our customers. The relationship with Lightico reinforces our approach and will ensure that the solutions we provide will remain relevant, affordable and effective in a fast-changing market.”
Inovatec’s cloud-based solutions enable lenders to expedite underwriting and improve loan management through intelligent automation that can be customized to meet the needs of lenders. The company’s LOS and LMS platforms allow lenders to change workflows and create new business processes as needed, ensuring that lenders can compete without compromising data security, privacy and regulatory compliance. In addition to its integration into its LOS platform, Inovatec plans to add Lightico’s e-signature and workflow management features to its LMS Consumer Direct portal over the next several months.
“Inovatec has demonstrated a unique ability to create an ecosystem that is ideally suited to serve the requirements and expectations of lenders,” Zviki Ben Ishay, CEO and co-founder of Lightico, said. “We are delighted to work side-by-side with Inovatec and ensure that our customers can leverage the most efficient and reliable workflow management tools to succeed in this fast-paced, highly competitive market. There has never been a more critical time to integrate end-to-end digital completion technology to serve growing consumer demand for an Amazon-like experience in every single interaction with businesses.”