Signature Bank of Georgia Gains Drastic Improvement in Efficiency by Automating Consumer and Commercial Lending

Automating the Life of the Loan

Financial institutions, big and small, are leveraging technology to automate inefficient, time-consuming processes. Rather than piecemeal various solutions over time, often creating even more complication down the road, Signature Bank of Georgia leveraged the full Sageworks Lending Solution powered by Abrigo for complete end-to-end consumer and commercial lending automation. Rebecca Abraham, Chief Credit and Risk Officer at Signature Bank of Georgia, had used the Sageworks Credit Analyst module prior to joining Signature Bank, and was excited to learn that it had already signed up for the full suite. "I knew it was going to be a very effective solution for us," she said.

The institution dove into implementation headfirst. Abraham will be the first to admit a full life-of-loan implementation is a significant undertaking, but the institution's success following the implementation is a testament to the substantial efficiency automation has created.

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In Depth

• Risk Management