Finastra Reviews, Ratings & Features 2026 | Gartner Peer Insights

Gartner defines commercial loan origination solutions (CLOSs) as software applications that enable lending institutions to manage the end-to-end process of opening lending products, from application through underwriting and closing, for businesses of different sizes. They are typically offered as SaaS solutions (private cloud, public cloud or hybrid) or on-premises. CLOSs are software solutions specifically designed to facilitate the evaluation, approval, settlement and documentation of loans for businesses. They serve as a centralized platform for lenders to assess business creditworthiness, collect and analyze financial information, automate document processing, and streamline the commercial lending process.

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Find the top Commercial Loan Origination Solutions with Gartner. Compare and filter by verified product reviews and choose the software that’s right for your organization.

Commercial Loan Origination Solutions

Loan IQ

Finastra

FINANCE MANAGER

Overall Fusion Loan IQ is a good software for increase transparency and efficiency by automated process of loan generation. User interface of this application is innovative and well managed. 

500M - 1B USD

1B - 3B USD

3B - 10B USD

I am a daily user of Loan IQ. I use it for both bi-lateral and syndicated loan facility structures.  I work in an area with non-traditional loans that often have customized features.  We tend to have quite a few problems where we have to go back to Finastra to fix issues and the resolutions are not as quick as we need. This often bleeds over reporting periods which is problematic. It is a broad range product and I work for a very large company that is consolidating loans and Loan IQ is the primary loan system. I will say, other peers in my world prefer their existing loan systems over Loan IQ.

ANALYST

Overall, Loan IQ is a great product to use. While not fully customizable, it does offer ease of accessibility. The product also has great support team that is able to help us often, which is very comforting especially when we are deploying the app newly.

Finastra is a company focused on fostering financial inclusion. Open collaboration, open finance, and usage of an open platform characterise the company’s operations. It caters to the needs of the global financial services market with innovative solutions. The Fusion software architecture and cloud ecosystem offer cutting-edge technology. The company’s approach combines various beneficial actions to maintain relevancy in its operations. Finastra's emphasis on diversity and inclusivity characterises its cultural ethos. It consistently aims to engage its workforce in interesting and complex tasks, promoting a culture of ownership and opportunities for making a noteworthy impact.


Welcome to Finastra, where your future, our culture and your opportunities are truly open.√Ç¬† OPEN, TOGETHER.√Ç¬†

At Finastra we believe in being OPEN, TOGETHER.√Ç¬† By focusing on OPEN Collaboration &√Ç¬†OPEN√Ç¬†Finance, supported by our√Ç¬†OPEN√Ç¬†Platform, we can create financial inclusion for everybody.√Ç¬† We value and embrace diverse ways of thinking, ensuring that our people can be who√Ç¬†they are√Ç¬†and√Ç¬†everything they may become, and we all share a common goal, of doing well by doing good.√Ç¬†√Ç¬†

What do we do?

At Finastra our purpose is to unlock the power of finance for everyone & redefine finance for good. √Ç¬†We√Ç¬†provide critical, leading solutions to the global financial services market. √Ç¬†√Ç¬†√Ç¬†We√¢‚Ç¨‚Ñ¢re the orchestrator of open finance; building and delivering innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem. We√¢‚Ç¨‚Ñ¢re one of the world√¢‚Ç¨‚Ñ¢s largest FinTechs, working with over 9,000 customers including 90 of the top 100 banks globally.

We are√Ç¬†more than just a√Ç¬†workplace,√Ç¬†we are√Ç¬†a responsible business that believes in doing well by doing good. Now is the time to embrace new challenges,√Ç¬†seize your opportunity and make your mark.

Our people are our greatest asset.   Our People Pledge is our commitment to our people in return for the skills and value they bring.  
Its made up of 3 pillars of your Future is Open, Our Culture is Open and Your Opportunities are Open. So what can you expect and is Finastra right for you?
Your future is Open - Are you hungry to learn and challenge your own abilities -  we are a skills-based enterprise ensuring relevancy and growth in your career.  
Our culture is Open √¢‚Ç¨‚Äú Are you looking to work in an inclusive business who values diverse perspectives.  Join our open culture where you can be who you are and everything you may become.  
Your Opportunities are Open √¢‚Ç¨‚Äú Are you ready to challenge, take ownership and make your mark? We inspire you with complex and interesting work. 

So join us and be OPEN, TOGETHER.



Reviews

Ratings Overview

Overall experience with

Favorable Review

Easy to deploy and use!

Critical Review

Loan IQ - Broad Loan System - Research Can Be Confusing - Long Learning Curve

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