Linedata, a global provider of credit and asset management technology, data and services has released a new generation platform for credit origination and risk management. 

Linedata Capitalstream 2020 is a cloud-based platform, built using the latest technologies and offering continuous delivery of new features and enhancements.

Jamil Jiva, the firm’s EVP of Lending and Leasing, North America, commented: “Linedata is helping financial institutions accelerate their digital transformation. Already known for its unmatched flexibility and rich functionality, Linedata Capitalstream 2020 will put our clients at the forefront of digital transformation and drive their growth.”

The platform has been designed to maintain a focus depth of functionality, whilst also reducing the clients’ total cost of ownership. A key part of this is the plethora of new features that are enabled by components to be updated without requiring changes to the platform or testing of the entire system. 

Linedata Capitalstream 2020 is compatible with renowned public cloud platforms. The solution will continue to offer easy integration with third-party and legacy systems with powerful APIs and microservices.

In its most recent set of financial results, the financial software specialist revealed 2020 ambitions to unveil a new “Vision 2023” strategic plan. As well as accelerating the digital transformation of its offers, the scheme will allow the firm to place a heightened focus on marrying innovative platforms with customer-enhancing software, services and data.