Five Best Practices for Implementing the Lending Services Hub

ID Number: G00170061

19 October 2009

Kristin R. Moyer Mary Knox

Early stage implementations of the lending services hub provide insight into challenges and the best practices to overcome the challenges.

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Table of Contents

Analysis

1.0

Introduction

2.0

Analysis

2.1

Defining the Lending Services Hub and Its Benefits

2.2

Challenges Encountered When Implementing the Lending Services Hub

2.2.1		Product-Centered Line-of-Business Structures
2.2.2		Hub Redundancy
2.2.3		Design Starting Point
2.2.4		Implementation Approach
2.2.5		Multichannel Integration

2.3

Five Best Practices for Implementing the Lending Services Hub

2.3.1		Best Practice No. 1: Work With Enterprise Architecture and SOA Competency Center Teams to Maximize Access and Reuse
2.3.2		Best Practice No. 2: Take a Unified Approach Across Lending Lines of Business
2.3.3		Best Practice No. 3: Design to Meet the Needs of Complex Processes First
2.3.4		Best Practice No. 4: Take a Progressive Implementation Approach
2.3.5		Best Practice No. 5: Ensure the Solution Can Support Multichannel Requirements

3.0

Conclusions

Recommended Reading

Deployment and Distribution
Lending Systems

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Resource Id: 1209358