CARMEL, Ind.–Baker Hill, a provider of technology solutions for common loan origination, risk management, relationship management and smart data analytics, said it will launch its new platform, Baker Hill NextGen, on Jan. 31, 2017.
The company said Baker Hill NextGen, a unified, mobile responsive, SaaS platform, combines the best of Baker Hill solutions into one common loan origination, portfolio risk management and decision support system to streamline the loan origination process and portfolio risk management, improve accuracy and enable a better customer experience to help financial institutions exceed the growing demands of today’s marketplace.
“Baker Hill NextGen is the industry’s only end-to-end, integrated loan origination, relationship management, business intelligence and risk management platform designed specifically to meet the current and future needs of progressive financial institutions in a single platform,” the company said. “The platform boasts an intelligent, persona-based, mobile responsive user interface developed to provide maximum convenience and the best user experience possible. Users enjoy a more streamlined, fluid workflow with access to one source of data, decisions and insight through intuitive roles-based dashboards using any smart device.”
“Today’s financial institutions face a number of critical challenges, including a constantly changing economic environment, increased competition, shifting client expectations and growing regulatory requirements,” said Naseer Nasim, CEO of Baker Hill in a statement. “We invested in the development of Baker Hill NextGen to help financial institutions compete and win, as the solution offers users mobility, ease of use, improved processes through workflow automation, and the ability to quickly evaluate and monitor the entire institution’s performance. By providing a holistic view of customer needs and risks through easily consumable data, Baker Hill NextGen empowers financial institutions to strengthen relationships with account holders, boost productivity, and ultimately drive growth and profitability.”
To determine which features and functionalities are most valuable for today’s financial institutions, Baker Hill said it partnered with West Monroe Partners, a consulting firm dedicated to building solutions that address technology and business challenges. With the help of West Monroe Partners, Baker Hill gathered input from a selection of financial institution clients through focus groups and surveys and leveraged that insight to develop the Baker Hill NextGen platform, the company said.