Loan Data Management
Synergy is preventing payment disputes and reducing email communication in the syndicated Loan market
Synergy is creating a collaborative network of shared data, connecting Agents, Lenders and Trustees/Admins. Enabling real-time data transparency and the digitalization of Loan contract data.
Synergy loans network
The Synergy Loan Data Management solution enables Agents and Lenders to manage shared workflows, creating data transparency and collaborating on resolution.
Payment Discrepancy Prevention
Data Aggregation
Data Normalisation
Vendor Connectivity
Accrual & Position Matching
Cross-market Collaboration
Communication Audit Trail
Exception Management
MIS Reporting
Synergy eradicates common industry challenges
WITHOUT SYNERGY
WITH SYNERGY
Contract details are communicated via fax or email and can be inconsistent, confusing, or even go missing
Self-service platform to easily organise and access contract level data across all Agents in a single view
High query traffic related to missing data, discrepancies and requests to resolve issues via unstructured email
Data transparency with a linked multi-way structured communication infrastructure creates a centralised place to collaborate across organisations with a clear audit history
Incorrect payments lead to significant manual effort and resources being invested in correcting errors
Systemic accrual and position matching predicts discrepancies and facilitates efficient resolution of them
AccessFintech Loan industry working group/forum
Change the landscape of the Syndicated Loan Market, join your peers and providers to change the loans process and reduce time-consuming discrepancies. Address other market issues in a forum shaping the future of our Loans product by creating and agreeing on best practices for shared workflows across the industry.
VIEW UPCOMING EVENTS
- Regular meetings to provide updates on product, partnerships and network to the Syndicated Loan Industry
- Bringing the community together to discuss current issues and best practice solutions
- Mutually agree minimum data set for new products
- Collaborate to create consistent workflow
“Our partnership helps to solve the pressing industry challenge for both sides of the market around digitization of data. Finastra and AccessFintech are uniquely placed to deliver greater transparency for the loan market. AccessFintech’s extensive network and proven collaboration capabilities will ensure that we reach all market participants. Together we will drive the loan market forward.”
Amy Walker, VP, Fusion LenderComm at Finastra
Benefit realisation – Loan Data Management
Connected
Market
Market
- Connection to entire Lender community with self-service configuration
- Increased frequency of data distribution
- Support client communication preferences
Network Collaboration
- Agent to Lender distribution / Agent to Admin distribution
- Structured queries and tasks
- On and off-platform collaboration
- Bulk responses across entire Lender base
Risk
Mitigation
Mitigation
- Timely sign off on accounting books
- Visibility of time sensitive information
- Reduced rework due to distribution of clear and timely data
Operational Efficiency
Reduce:
- Time to resolution
- Manual notices
- Cost of processing
- Discrepancies
Streamlined Infrastructure
- Ease of onboarding with internal normalization and unlimited connectivity options
- Single user interface/login with aggregated data
- Integration with proprietary systems and vendors
- Normalised data for reconciliations