Tesselate Group Partners with AccessFintech to Strengthen Loan Market Operations

London, 8 August 2024 – In a move that promises to enhance loan data management and operations, Tesselate Group, a premier financial services consultancy specializing in corporate banking, operations, and managed services announces a partnership with AccessFintech, the leading provider of real-time data insights and collaboration across financial markets.

The partnership leverages Tesselate’s strategic connectivity resulting in faster access to data and a more cost-effective integration to AccessFintech’s Synergy platform. Synergy supports loans and related products and will integrate seamlessly with Tesselate’s consultancy services, leading to improved efficiency, reduced manual errors, and increased productivity for financial institutions.

AccessFintech’s Loan Data Management solution supports the syndicated loan market by delivering data transparency, preventing common issues, and significantly reducing email communication. Synergy’s collaborative network leverages shared data and integrates hive.t’s connectivity with data systems for agents, lenders, trustees, and administrators. This integration will enhance real-time data transparency and support the digitalization of loan contract data.

This partnership enables market participants to significantly improve their operational efficiencies.

Cory Olsen, Head of Loans Product at AccessFintech, emphasized the significance of this partnership, stating, “Working with Tesselate Group, we can continue to deliver innovative solutions that address the evolving needs of the currently manual loan industry. Combining our technology with Tesselate Group’s consultancy services provides our clients with the tools and expertise they need to enhance efficiencies and accuracy in their loan data management and operations.”

Tim Pingnet, the Lending Domain lead of Tesselate Group shared his enthusiasm, adding, “This partnership represents an exciting opportunity to enhance our consultancy offerings with AccessFintech’s state-of-the-art technology. Together, we aim to help financial institutions optimize their operations and achieve their strategic objectives.”

About Tesselate

Tesselate has more than a decade of experience in consulting and managing technological projects dedicated to the financial sector, with an in-depth expertise in corporate banking, risk management, capital markets and asset management. Tesselate Group offers a deep experience in managing complex projects, helping financial institutions to meet organizational and operational changes to support business growth. Our consultants have a deep understanding of banking processes.

We implement cutting edge technology to streamline banking operations giving your company excellent value so that value can be passed to your customers.

Hive.t is the brand of Tesselate Group.

For more information please visit: https://tesselategroup.com or follow us on linkedin

About AccessFintech

AccessFintech provides real-time data insights, enabling improved data sharing and workflow collaboration to evolve the financial industry’s operating model. At its core is the AccessFintech Synergy Network, a modern and secure collaboration network that allows for resolution and decision-making in one place. It facilitates data collaboration at scale and provides more visibility into transaction data and access to benchmarking insights. Synergy’s workflow optimisation speeds and simplifies transactions through digital automation, mutualising risk, and allowing for better, more enlightened decision-making across organisations and functions. It also offers broad technology distribution that provides industry-wide connectivity to new technologies, reducing the cost of ownership for all. The Synergy Network has built a critical mass of data, participants, and solutions with leading financial institutions and processes over a billion transactions every month. For further information please go to accessfintech.com or follow us on LinkedIn or Twitter.