That’s exactly what one firm achieved with its digital lending platform. Working with Sapient, the firm completely redesigned the loan application experience to introduce securities-based loans to a wider audience.
Its digital lending platform offers an entirely new way to collateralize loans, allowing independent financial advisors to offer securities-based loans (SBLs) to their clients. End users can apply and pledge their brokerage portfolio as collateral quickly – all through electronic channels. The platform creates:
- A frictionless process, with loans approved within 30 minutes and funds available the following day
- An extended footprint beyond traditional private wealth management via an empowered network of independent advisors
- An easy route to market for third party advisors, registered investment advisors and asset custodians wishing to offer SBLs