Overview
Product Information on Loan IQ
What is Loan IQ?
Loan IQ Pricing
Overall experience with Loan IQ
“Easy to deploy and use!”
“Loan IQ - Broad Loan System - Research Can Be Confusing - Long Learning Curve”
About Company
Company Description
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.
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Loan IQ Reviews and Ratings
- FINANCE MANAGER1B-10B USDBankingReview Source
Loan IQ - Broad Loan System - Research Can Be Confusing - Long Learning Curve
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.
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