How effective is your current loan accounting process?

Many financial institutions struggle to keep pace with, implement and report against ever changing and successively more complex accounting pronouncements. Banks can no longer sustain current practices of manual processes which are heavily dependent on spreadsheets. Existing operational systems are unable to handle more complex accounting rules. Banks need a software provider that displays an expertise in both accounting and risk management coupled with scalable and flexible software that operates under the stress of constant change. In order to be successful, banks need to re-define their loan accounting and reporting architecture to meet the current demands and future growth needs of their organizations. The fundamental component of this architecture is a true subsidiary system that is designed specifically for accounting processes and can serve as the centralized platform for Finance organizations to succeed in their objectives. Is your bank facing accounting challenges from a regulatory and operational standpoint? Banks need a technology architecture that will help them handle these challenges. In this Evolv white paper we discuss:

  • The critical components of an accounting system architecture that banks need in order to operate under stress of constant change
  • How this architecture will improve operational efficiency while handling current and future challenges financial institutions face in a rapidly changing regulatory environment
  • Discuss the key attributes of a solid platform including enterprise grade, scalability, flexibility transparency, security, and operational ease-of-use


For more information on our Evolv loan accounting software or how EVOLV may be able to help your bank, please contact us directly at info@primaticsfinancial.com.