WHITEPAPER Beyond Loan Origination Systems2 Beyond Loan Origination Systems Executive Summary Many traditional vendor Loan Origination Systems (LOS) provide narrow function and limited flexibility, crimping some lenders’ ability to innovate. The Decisions platform can easily augment or in some cases replace an LOS, freeing lenders to build workflow and rules without restrictions. INTRODUCTION The lending business, traditionally a paper-driven and human workflow process, is now awash with data, from literally thousands of data sources. Also changing quickly are the human workflow aspects of lending. In some forms of lending, a loan can approved and funded without any human interaction, though that’s still pretty rare. Most lending still includes some human touches to complete the

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