Financial institutions are turning to third party solutions to manage new account/loan origination to better facilitate interaction and communication with the consumer. One of these solutions is called MeridianLink that allows consumers to complete, post and sign documents as part of an origination process. The documents are then downloaded to the financial institution where they need to be imported into the DMS.
- Maps the index values received from MeridianLink to the DMS document index values.
- Manages cancelled/denied loans, processing them into a separate DMS document types (if required).
- Manages customer/non-customer documents, again processing them into separate DMS document types applications (if required).
- Email notifications to confirm imports have been successfully processed.