Misys Banking Systems and IntraLinks have launched LenderBridge, a connector between the loan management system, Misys Loan IQ, and the IntraLinks platform. LenderBridge automates the addition and removal of lenders to and from IntraLinks while working with the Loan IQ service. The new program will keep IntraLinks' client database up to date to ensure all lenders are receiving the financial information they should. Two investment banks are expected to sign up soon.
Ken Katz, Misys Loan IQ product manager, said Misys and IntraLinks have had a long standing relationship and have a number of joint customers. About a year ago it polled a number of those joint clients to determine what the most critical integration points could be. Working with three joint clients, the companies designed the new product. He said this is the first interface the two have worked together on, and there could be several others, but would not elaborate. Lee Perlis, marketing manager at IntraLinks, explained by email that he estimates LenderBridge will increase agent efficiency by up to 25%.