CU Direct - CUDL Connector
Efficiently Decision Vehicle Dealer Application with CUDL. Integrated to the Temenos LMS Loan Origination Module.
The CUDL connector allows participating dealer applications submitted through Credit Union Direct Lending (CUDL) to be seamlessly transmitted to/from Temenos LMS Origination for underwriting, pricing and decisioning.
Key Features
Seamless Loan Origination
When a participating dealer submits a new loan request through the CUDL portal, all dealer-entered information is transmitted to the system and a new application is generated in the platform. Due to seamless integration, fields are automatically populated, and the assigned loan origination workflow is immediately applied to the application.
Quick Communication
Upon completion of the assigned workflow in the Loan Origination module, a loan decision can be automatically communicated back to CUDL, and the dealership is notified of the outcome. All comments entered on an account can be shared between Temenos and CUDL no matter where the comment originated.
Easily Update Information
Loan information can be modified at any time within the system, which in turn updates the application on the CUDL portal.
Benefits
Increase Response Time
Use business rules to auto-decision loans in order to quickly respond to dealer requests and reduce the amount of time spent manually processing applications.
Automatic Notifications
The CUDL connector ensures information between Temenos and CUDL always stays in sync. Whether the application is approved, denied or requires follow up, information is immediately and automatically shared between both parties.
Quick and Easy Activation
With this connector, data entry is a thing of the past! Fields in Temenos LMS Origination are pre-filled with all the information found on the CUDL application.