Loanworks
Software Engineering and Product Development
Loanworks is an industry-leading provider that offers software engineering and product development for the banking and financial services sector, known for its innovative technology and cost-effective outsourcing solutions.
Size
201-500
Private
Mission
To make lending more profitable for clients through innovative technology and efficient solutions.
About
Loanworks offers software engineering and product development along with back-office operations for clients in banking and financial services. The company operates using a hybrid delivery model and supports Australian mortgage brokers, lenders, and aggregators.
It is recognized for its tailored solutions that enhance operational efficiency, with over 20 years of experience in the finance sector and a strong focus on compliance and risk management.
Services
Loanworks provides software engineering and product development supported by back-office operations and specific offerings such as document indexing & digitisation, automation & RPA enablement, change management & training, and process assessment & transition management. These services cover various lending processes and are tailored to support the unique workflows of mortgage brokers, lenders, and aggregators.
Capabilities
Document Indexing & Digitisation
Automation & RPA Enablement
Change Management & Training
Process Assessment & Transition Management
Industries Served
The company serves clients in banking and financial services. It has experience supporting mortgage brokers, lenders, and aggregators with services aligned to industry-specific requirements and technology platforms designed to streamline loan origination and compliance.
Unique Stregths
Loanworks is known for its innovative technology and cost-effective outsourcing solutions, offering clients significant operational savings. Its approach includes a hybrid delivery model that combines onshore management with offshore support, ensuring high-quality service and efficiency at scale.
Delivery Footprint
Headquartered in Sydney, Australia, the company operates using a hybrid delivery model. It serves clients across Australia, with teams working in both onshore and offshore environments to meet diverse client needs.
Certifications
No items found.
Verticals
Banking & Financial Services
Clients
No items found.
What's the main service provided by
Loanworks
?
Loanworks specializes in software engineering and product development, particularly tailored for the banking and financial services sector. Additionally, the company offers a suite of supporting services including document indexing and digitization, automation and RPA enablement, change management and training, as well as process assessment and transition management. This comprehensive range of services is designed to enhance the operational efficiency of clients, particularly mortgage brokers, lenders, and aggregators.
What additional services does
Loanworks
provide?
In addition to its primary services, Loanworks offers back-office operations that complement its software engineering and product development efforts. This expanded service portfolio is aimed at enhancing overall efficiency for clients in the banking and financial services industry.
When was
Loanworks
founded?
Established in 1998, Loanworks has been operating for over 25 years. Since its inception, the company has focused on providing innovative solutions tailored to the lending industry, continuously evolving to meet the changing needs of its clients.
What industry verticals does
Loanworks
serve?
Loanworks primarily serves the banking and financial services sectors. The company is dedicated to supporting mortgage brokers, lenders, and aggregators, ensuring that its services align with the specific requirements and technological needs of these industries.
What delivery model does
Loanworks
offer?
Loanworks utilizes a hybrid delivery model, which combines both onshore and offshore resources to optimize service delivery. This approach allows the company to leverage local management while also tapping into offshore support, ensuring that clients receive high-quality services efficiently and at scale.
How many employees and/or seats does
Loanworks
have?
Loanworks has a workforce comprising between 201 to 500 employees. This size enables the company to maintain a balance between personalized service and the capacity to handle significant client demands across its operational landscape.
Can
Loanworks
be considered a good service provider for startups?
Can
Loanworks
be considered a good service provider for SMBs?
Loanworks can be a valuable service provider for small and medium businesses, particularly those in the banking and financial services sector. With its flexible service offerings and a hybrid delivery model, the company is well-equipped to scale its solutions according to the specific needs of SMBs, helping them achieve operational efficiency and growth.
Can
Loanworks
be considered a good service provider for enterprises?
For enterprises and large companies, Loanworks presents itself as a reliable partner, thanks to its extensive experience and sophisticated service offerings. The company's hybrid delivery approach, combined with its recognition through awards like the People's Choice Stevie Award for Favorite Customer Service, underscores its commitment to quality and efficiency, making it a strong contender for large organizations seeking dependable outsourcing solutions.
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