Computer Services has announced the launch of CSI Loan Marketplace, a cost-effective digital solution that enables financial institutions to optimize their loan portfolios by accessing a nationwide market of commercial and consumer loans.
The new offering connects financial institutions through a centralized platform, enabling them to buy, sell and participate in loan transactions of any type. With CSI Loan Marketplace, banks can overcome inefficient procedures, rebalance their portfolios and optimally align with their target relationship profiles.
Powered by Community Capital Technology, CSI Loan Marketplace enables financial institutions to pursue lending opportunities that typically cannot be originated due to regulatory and market constraints. The comprehensive solution allows bankers to set customized preferences and automatically identify relevant transaction opportunities without a broker. Preferences can be set by desired criteria, including asset type, size and geography.
“The economic downturn has made it vital for financial institutions to diversify their portfolios and deploy excess liquidity,” said Gio Mastronardi, group president of Enterprise Banking for CSI. “CSI Loan Marketplace allows financial institutions to secure more opportunities, drive efficiency and maximize their earning capacity. We are proud to offer our customers a leading-edge solution that empowers them to better serve their communities and grow their lending network.”
“Financial institutions across the U.S. face ongoing challenges in efficiently managing their balance sheets and liquidity,” said Garrett Smith, Community Capital’s CEO. “The CSI Loan Marketplace provides CSI customers with a more direct, transparent and seamless way to manage their loan portfolios and source new opportunities or partners. We are pleased work with CSI, an organization that shares with us a deep commitment to community financial institutions, as well as passion for delivering high-impact technology solutions.”
