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(MoneyNewsWire.Net, January 17, 2017 ) Loan servicing software functions as a complete loan servicing system, transaction processing and banking, investor accounting, collection management system, credit reporting software, and electronic funds automated clearing house (ACH) payments and collections. The pricing of loan servicing software is dependent upon the volume, complexity, essential features, and exact requirements in a customer's requested proposal.
Technavios analysts forecast the global loan servicing market to grow at a CAGR of 14.19% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global loan servicing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of loan servicing software licenses, installation and implementation of software, training, maintenance, and subscriptions.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Loan Servicing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
FICS
Fiserv
Mortgage Builder
Nortridge Software
Shaw Systems Associates
Other prominent vendors
Altisource Portfolio Solutions
Applied Business Software
AutoPal Software
Cassiopae
C-Loans
Cloud Lending
DownHome Solutions
Emphasys Software
FIS
Grants Management Systems (GMS)
Graveco Software
IBM
INTEGRATED ACCOUNTING SOLUTIONS
ISGN
LOAN SERVICING SOFT
Misys
NBFC Software
Nucleus Software
Oracle
PCFS Solutions
Simnang
Sopra Banking Software
Market driver
Need to comply with multiple regulations
For a full, detailed list, view our report
Market challenge
Security risks associated with SaaS offerings
For a full, detailed list, view our report
Market trend
Emergence of SaaS-based loan servicing
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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