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CBRE

CBRE, a leading global commercial real estate and investment organization, partnered with Velocity IT to implement a low-code loan administration system to enhance efficiency and scalability. The solution integrates loan servicing functions, improves covenant management, and provides sophisticated reporting capabilities, addressing risks associated with manual processes. This transformation not only mitigates contract breaches but also enhances customer experience and compliance with financial regulations.

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60 views1 page

CBRE

CBRE, a leading global commercial real estate and investment organization, partnered with Velocity IT to implement a low-code loan administration system to enhance efficiency and scalability. The solution integrates loan servicing functions, improves covenant management, and provides sophisticated reporting capabilities, addressing risks associated with manual processes. This transformation not only mitigates contract breaches but also enhances customer experience and compliance with financial regulations.

Uploaded by

emailvsinha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

USE CASE

Location: Global Multinational


Fortune 250 Company

Industry: Commercial Real Estate


& Investment

Software: K2

Integration: Salesforce, DataHug, SharePoint


FInance Active

CBRE is the world’s largest full-service commercial real estate and investment organisation offering a broad range of
integrated services, including; facilities, transaction and project management, property management, investment
management, appraisal and valuation, property leasing, strategic consulting, property sales, mortgage services and
development services.

Velocity IT have been the partner of choice to deliver an array of low-code development solutions responding to the
demand to digitally transform business operations to aid efficiency, reduce operational cost and implement company
systems that can be scaled to suit the ever-changing global capacity of CBRE.

Commercial Loan Administration

The Problem Solution & Key Benefits


CBRE’s loan administration team manages commercial Implemented an innovative solution with capability
loans on behalf of lenders. The long running loans to effectively create and manage loans
require accurate covenant management and can
Full integration with loan servicing platform,
often be complicated and prone to issues. In the past,
Finance Active
a mixture of manual calendars and lists were used to
manage the process. Following a system review, it was Provision of a single debt services management
recognised that the existing process was not scalable platform
and posed a significant contract breach risk to CBRE.
Sophisticated reporting capabilities detailing loan
covenants in one view
Velocity IT responded to an urgent requirement
to provide a loan administration system that tied Covenant diary management system to mitigate any
loan repayment, covenant management and asset contract breaches
management functions of commercial loan servicing
Built-in audit and compliancy capabilities to ensure
together in one system.
financial regulatory requirements are met

By utilising low-code technology CBRE was able to


significantly scale its loan service operations and
provide a compelling reason for customers to
choose CBRE and benefit from an enhanced
customer experience

USE CASE

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