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Global Wave Group Releases its CT Mobile Solution for Commercial Lending
Global Wave Group is pleased to announce the release of its CT Mobile Solution that enables Relationship Managers and Executives with real-time information on loan details, approval status, covenants, ticklers, financial analysis and historical call reports when visiting Clients.
Global Wave Group Releases its Next Generation CT Digital Solution for Commercial Lending
Global Wave Group, located in Aliso Viejo, California is pleased to announce the release of the next generation of its industry leading digital suite that simplifies a borrower’s journey from Loan Application through Monitoring.
Global Wave Group and Compliance Systems Partnership
Global Wave Group LLC, a leading provider of Commercial Loan Origination Systems, has partnered with Compliance Systems to offer a seamless solution allowing banks and credit unions a highly efficient, end-to-end process for the analyzing, approving, monitoring, and documenting commercial loans.
Credit Concepts: A different kind of PPP
Given the amount of focus currently on the PPP and other loan deferral programs, it is important to continue the monitoring and reviews of credits in existing loan portfolios. Too often, the habit of “dealing with the latest fire drill” distracts us from the responsibilities of focusing on our existing portfolios.
2021 Strategic Planning
Oftentimes, Banks and Credit Unions build their upcoming annual plans by simply adjusting the plans from the year prior, copying and pasting most of their objectives with no drastic changes.
Process Controls Drive Project Success
Like a mapping application on your phone, processes work best when they guide you to your destination without unnecessary delays and mistakes that cause you to retrace your steps.
Strategies for a Successful Project
When you hear the terms, integration and conversion, the first thing that comes to mind may be loss of data, laborious processes and countless resources. Even armed with a project plan, there are too many unknown variables that frequently slow down the pace…
A Bankers Toolkit: Effectively Working Remote
After spending the past month trying to manage the current banking environment, it has become very clear that financial institutions must find ways to have a functional remote workforce or the ability to allow their teams to work remotely, when needed, without a decrease in productivity. Instead, some Bank and Credit Unions may simply try to…
Credit Process Automation
When it comes to banks wanting to put in the time and effort to automate their credit process, the excuse is “we’re too busy and have a portfolio to manage” or “the auditors are about to walk in and we don’t have the time to focus on it today”. In this blog post, certain strategies and tactics will be provided to add value to the subject and as bankers like to say, “minimize risk”.
Using Credit Track™ to Help Banks with COVID-19 Requests
The COVID-19 crisis has forced all of us to adapt to unanticipated circumstances in both our personal and work lives. As part of our response, we have stepped up our support resources to assist our clients in any way they need. We were overjoyed to get this note...
5 Tips for Great iPhone Photos of Fireworks
In this season of giving, we are sharing five tips to improve the quality of your fireworks photos. Impress your friends & family with spectacular photos of the fireworks on New Years Eve. The good news is, you don’t have to buy anything. The quality of your photos can improve dramatically with just the camera in your phone.
Credit Track™ Recognized as One of the Leaders in Client Service, Product Features and Cost-To-Value by Aite Group
Credit Track received high marks in each of the four categories evaluated by Aite Group: Vendor Stability, Client Strength, Client Service, and Product Features among commercial loan origination (CLO) systems. Global Wave Group received especially high marks in…
Client Experience is the new Battleground for Lenders
Our clients long for a beneficial and positive borrowing experience, and they expect their bankers to “know” who they are. Clients also expect anyone involved in their credit facility origination, funding, renewal & review process to understand what is transpiring without having to explain themselves over and over again. When bank…
4 Ways to Create a Culture of Efficiency
As with most initiatives within the Bank, it is virtually impossible to achieve and maintain long-term efficiency without a strong corporate culture. The Executive and Senior Management team of the Bank must support and provide an observable and unwavering commitment…
Is your process simple enough to be easily communicated, understood and adhered to?
One of the process issues we see on a regular basis is that as an organization grows, it tends to perform incremental “bolt-ons” to its existing processes rather than rethinking them as growth and circumstance warrant. Admittedly, bolting on a new set of…
Can your processes be quickly performance-tuned to increase efficiency in an incremental manner?
We have spent time with many Banks who are looking to improve the performance of their credit processes. Often, they have explained that their overall performance is sluggish – analysis, objections and approvals simply take too long…
Do your bank’s processes allow you to scale?
You have lending and credit processes that have worked well for years. Growth has been gradual so you have not noticed, nor been able to measure, the cracks that have appeared in the foundation of those processes . Now, you’ve started an integration effort for a bank that’s been acquired, or you’ve been tasked by the Board…
Global Wave Group Sponsorship University of California, Irvine
Global Wave Group is active in our local community, Orange County, California. Here is a great article from the University of California, Irvine about Global Wave’s sponsorship of a 2018 capstone project in the Department of Informatics…
Containerization for Private Cloud / On-Premises: The Future of Banking Software
Two of the original SaaS arguments are shopworn and are no longer compelling: “Go multi-tenant to save costs” and “Centralize services to ease deployment, maintenance and upgrades”…
Awesome Implementation of Credit Track at First Foundation Bank
First Foundation Bank was delighted with their procurement and implementation of Credit Track, Global Wave Group’s straight-through commercial loan origination system…