Oracle Financial Services announced the launch of an easy-to-use
solution for asset-based lending institutions that are challenged by changes in regulations and shifts in customer expectations.

To keep pace, compete, and win the business, these institutions need instant access to a solution that enables a quick response and improves the accuracy of credit decisions. Oracle Financial Services Lending and Leasing Cloud answers this call with an easy-to-use solution for originations, servicing and collections that delivers performance and security from a scalable, high-performing single platform in the cloud.

“With the Oracle Financial Service Lending and Leasing Cloud, asset-based lending institutions can focus entirely on building the book and reducing time to market. Leading consumer finance brands and in-house finance divisions can efficiently originate and service the business from customers and partners,” said Sonny Singh, senior vice president and general manager, Oracle Financial Services.