Financial institutions are under increasing pressure to make swift and accurate loan decisions to meet borrower expectations that also pass rigorous loan-review standards and regulations.

Global Wave Group’s commercial banking software empowers you to achieve both, enabling revenue growth by scaling your business through automation and collaboration – enabling credit and lending teams to originate, manage, and grow your loan portfolio. With streamlined digital workflows, tailored to fit your specific financial institution’s procedures, you can process loans more efficiently while minimizing errors and inconsistencies.

• Store credit documents under one holistic system
• Automate notifications so lenders do not have to ask about the deal status
• Prospective borrowers are more informed about the lending process with shorter wait times without manual processes
• Manage Fees and Pricing options
  • Relationship pricing can be readily available
  • Pre-flight analysis integrated into the credit system
• Automate Covenant compliance and waivers
• Readiness for Section 1071 Compliance
• Auto-Decisioning and Decision-Assist with offramps to ensure better relationship banking and calibrate decisioning according to your financial institution’s risk appetite
• Tools for Audit preparation and Audit review to help the audit process for both internal and external examiners

Global Wave Group’s Commercial Loan Origination System (CLOS) offers a flexible, scalable, and cost-efficient solution designed to evolve with your institution and adapt to market shifts. Our consultative approach ensures a tailored CLOS to fit your specific institution’s processes and procedures while also delivering scalability and enhanced productivity. GWG has much shorter implementation times, from contract to go-live, giving you access to powerful solutions when you need them. Whether your financial institution is looking to implement auto-decisioning with built-in offramps, or perhaps looking to be responsive to audits and examinations, GWG’s commercial solutions help lower origination expenses and improve lending efficiency.

• Centralized loan origination system – replaces outdated, siloed systems
• Automations – Enhanced Borrower experience and customer satisfaction with auto-decisioning and auto-decisioning with offramps
• Fine-tune profitability using relationship profitability modeling
• Maximize time management and collaboration between departments with streamlined workflows, pre-defined templates and automations
• Minimize past-due ticklers, document approvals for loan maintenance, and covenant waivers
• Both power users and lighter users of the system will both be comfortable collaborating in GWG’s System
• Manage credit risk by setting up your Credit Policy within the system
• Increase borrower satisfaction with an enhanced digital loan application that is 100% configurable to your institution’s requirements
• Integrated with a fully compliant cloud-based doc prep provider to ensure seamless and continual compliant loan documents

Global Wave Group, LLC
26970 Aliso Viejo Pkwy, Suite 250
Aliso Viejo, CA 92656