What does Shaw Systems do?
Shaw Systems provides an API-first loan management platform designed to streamline servicing, collections, and management of financial products. It offers a single system for managing the entire loan and lease lifecycle, including collections and recovery.
What problems does Shaw Systems solve for financial institutions?
Shaw Systems addresses challenges financial institutions face with outdated technology, lack of integration, poor scalability, and limited configurability. Its platform uses an API-first architecture to enable effortless connection and innovation, and offers fully configurable software to meet diverse lender needs.
What key features does the Shaw Systems Loan Management Suite include?
The suite includes Spectrum Loan Management for automating the account lifecycle with embedded AI, Collections tools to lower default rates using predictive AI for scoring propensity-to-pay, Recovery systems to maximize asset return, and a Dealer Floor Plan with a self-service portal and workflow automation.
How does Shaw Systems use artificial intelligence?
Shaw Systems incorporates embedded AI directly into its platform to speed up borrower response times and ensure compliance. It also uses predictive AI in its Collections module to score a borrower's propensity-to-pay and automate targeted collection strategies.
Who is Shaw Systems software for?
The software is used across various financial industries, including Consumer Lending, Auto Finance, Banking, Business Lending, Fintech, and Home Improvement Lending.
What is Shaw Systems?
Shaw Systems is a loan management software platform that manages the entire servicing life cycle, from loan origination through collections and recovery. Its platform, called Spectrum, is designed to automate workflows and improve customer service for financial institutions.