Akcelerant of Malvern, which provides software and services to the financial industry, has signed Michigan-based PARDA Federal Credit Union as a new user of its Akcelerant Framework loan origination solution.

PARDA is a Symitar user with $177 million in assets. The credit union serves over 17,000 members and needed a solution that could keep up with their online traffic and lending demands.

Nancy Wasczenski, PARDA’s president and CEO, said Akcelerant took the time to understand what the credit union needed to expedite online lending.  Akcelerant’s WebLoan feature and IMM Document Exchange help PARDA obtain remote signatures for loan documents.

“No two financial institutions are the same, and Akcelerant has added configurability into its loan origination system to account for this,” said Larry Edgar-Smith of Akcelerant product sales support. “We’re excited to welcome PARDA to the lending family and watch as they maximize their loan origination efforts and increase efficiencies using the Framework’s loan origination system.”

More than 500 financial institutions in North America are currently using Akcelerant technology.

Links:   www.akcelerant.com