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CLIENTS

$2.9 Billion Asset Bank Implements CrediSphere®
$6 Billion Asset Agricultural Lender Implements MetaSage®
$1.2 Billion Asset Credit Union Implements CrediSphere®
CLIENT CASE STUDY: $6 Billion Asset Agricultural Lender Implements MetaSage®

Institution Type: Agricultural Lender
Institution Description: $6 billion in assets, federally sponsored financial cooperative
Providing credit and insurance services to farmers, ranchers, agribusinesses and rural residents in 5 states
Number of Locations: 139
Customer Challenge: This agricultural lender was looking to add web application abilities to their existing custom developed loan system, currently unable to support this functionality. The lender's goals were specific:
  1. Add web application ability to the existing lending system.
  2. Allow dealers to submit loan and lease applications over the Internet.
  3. Allow employees to submit lease applications for processing via a corporate Intranet.
  4. Implement a system that would allow the lender to decision loan and lease applications.
Description of X/Net Solution: This implementation of MetaSage streamlined and reduced turnaround time for lease and scored loan application processes through the enabling of Intranet (employee Internet access) and Extranet (dealer Internet access) technologies. X/Net's solution greatly expanded the ability to process and decision lease applications.

X/Net implemented a customized version of X/Net's Web Access for Loan and Lease applications to allow dealers and employees to utilize the system, via the Internet, with an ID and password assigned by the lender. Applications could now be submitted, via the Internet, into the loan system for decisioning. Lease application decisioning is now handled through X/Net's Web Front End and MetaSage.

Working closely with the lender, X/Net developed databases from current hardcopy data to facilitate automated look-ups and verification. A lease application database was designed and developed to integrate with the lender's existing databases.

X/Net's MetaSage platform provides a common resource interface for X/Net's Web Access Intranet and Extranet clients.

X/Net's eDocArchitect allows dealers and employees to create, view and print final lease documents via the Web Access.

Solution Software:
  • X/Net's MetaSage platform
  • X/Net's Custom Web Access for Agricultural Loan and Lease
  • X/Net's eDocArchitect
  • Adobe Acrobat® Reader
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