FastGrade Solutions Information

FastGrade was established in 2009 with a group of former bankers, bank regulators and software engineers. We offer a wide range of products that enable financial institutions to effectively manage lending risk and efficiently meet the many demands of regulatory compliance. Our Credit Administration Suite enables lenders to better manage risk at the borrower level through Loan Origination, Statement Spreading, Dual Loan Grading, Portfolio Management, Collections and workflow management and at the portfolio level, with ALLL (Allowances for Loan and Lease Losses), Stress Testing, Executive Reporting and the Electronic Boardroom. FastGrade was designed and built around web based technologies and has always been offered through a SaaS model. SaaS is becoming the preferred method of software delivery since it simplifies deployment and reduces customer acquisition costs. With SaaS, developers can support many customers with a single version of a product. This approach, called multitenancy, allows companies to scale as fast and as much as needed without replacing costly infrastructure or adding IT staff. In addition to lower costs and faster deployment, FastGrade is highly configurable to meet the unique demands each customer may have.