Lending Technology
CRI Canada offers several robust technology options, all of which serve as complete lending workflow management systems. These products streamline processes for loan officers, approval managers and administration staff, and interface to all major banking platforms and key third-party vendors such as CMHC and Genworth.
CRI Canada offers an array of technology in order to tailor a solution that best suit your credit union’s needs. In addition, a basic or comprehensive commercial and agricultural component is available depending on the application chosen.
CRI Canada is committed to developing these systems to be as powerful and efficient as possible, allowing credit unions more time to assist their members in other areas. CRI Canada can provide lending solutions to meet the needs of any credit union, regardless of asset size or number of branches.
CRIterion™, a comprehensive PC-based network solution, will streamline your entire credit union, making member service more responsive and operations more efficient. Introduced into Canada over 20 years ago, this technology is the leading PC-based lending system for credit unions. CRIterion™ is a networked “front-end” system compatible with numerous banking systems.
From creation to disbursement, CRIterion’s™ integrated loan processing includes many features that will empower your staff to deliver faster loan turn-around and better member service through the automation of loan applications.
ProLender™ was designed for a credit union’s end-to-end retail lending operation. This web-based architecture provides for a scalable and cost-effective solution. ProLender™ is an advanced consumer loans origination system with robust interfaces to all major banking platforms and third party partners which include: CRI, Equifax, Trans Union, Genworth, CMHC, CRM Canada, First Canadian Title, DealerTrack and Member Direct.
ProLender™ provides your credit union with a loan origination and decisioning system that will improve the effectiveness and efficiency of your lending operations, helping you grow revenue and increase margins.
ProLender™ Business Edition (ProBE ) is a cutting edge, end-to-end commercial and agricultural loan origination system. It has been designed to increase efficiency, improve consistency and enhance competitiveness in the SME credit union market. In addition to comprehensive financial, ratio and security analysis, ProBE offers you flow-through processing for a complete commercial and agricultural lending solution. It supports the full range of commercial lending from owner-operated, home-based businesses to multi-divisional enterprises. This web-based technology will meet all of Canada’s commercial and agricultural lending needs.
IdealLender allows your lenders to instantly receive decision recommendations. This tool not only ensures the consistent use of risk-based pricing but also provides lenders with up-sell and cross-sell recommendations. IdealLender offers decision strategies for a dozen application types, each with numerous, different parameters allowing you to customize based on your credit union’s business rules, rates and limits. Our decision strategies use a combination of application data, business rules and risk-based pricing, as defined by your credit union. IdealLender provides an out-of-the-box decisioning system yet it is highly flexible and customizable, ensuring consistent credit decisions every time.