The need to adhere to a more stringent and evolving regulatory landscape is of critical importance for global financial institutions. Technological advances like the Internet and mobile banking pose new threats to their conventional payment systems. The growing customer expectations are fueling the need for more efficient commercial and corporate lending processes. Loan servicing software transforms manual and paperbased operations into automated enterprises to respond quickly, efficiently, and consistently. The lending environment has become increasingly complex with reforms and legislations designed to protect consumers and private investors. Lenders and loan servicers require an automated solution to provide distinct customer experience, which is not supported by traditional lending processes. Financial institutions need automated software solutions that complement the existing lending systems and simplify the regulatory compliance, loan origination, and servicing processes.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Economic overview

Economic overview of the market

PART 06: Market assumptions

PART 07: Market landscape

Market overview

Market size and forecast

Five forces model

PART 08: Deployment models

Global loan servicing software market by deployment

PART 09: Geographical segmentation

Global loan servicing software market by geography

Global loan servicing software market by geography

(revenue)

PART 10: Buying criteria

PART 11: Market drivers

Need for automated process

Need to comply with multiple regulations

Supports multiple loans types

PART 12: Impact of drivers

PART 13: Market challenges

Security risks associated with SaaS offerings

Threat from open-source loan servicing

Lack of awareness among end-users

PART 14: Impact of drivers and challenges

PART 15: Market trends

Emergence of SaaS-based loan servicing

Increase in M&A

Emergence of fully managed loan servicing software

PART 16: Vendor landscape

Competitive scenario

Vendor matrix

Competitive rating

Description of major vendors

Other prominent vendors

PART 17: Appendix

List of abbreviations

PART 18: Explore Technavio