Banks and Financial Institutions can now harness the power of platform configurability and scalability to transform lending operations
Hyderabad, India; June 16, 2022 – Pennant Technologies, a leading FinTech company delivering solutions designed to be future-ready to the global banking and financial services industry, today announced the availability of pennApps Lending Factory, an end-to-end lending platform in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Lending Factory’s customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.
pennApps Lending Factory is a comprehensive, state-of-the-art lending platform built on Pennant’s next generation Application Framework. Leveraging the novel concept of functional factories and business process driven execution engines, Lending Factory’s future proof product architecture delivers the required modularity, flexibility and componentisation. With Lending Factory, Banks and Financial Institutions can define, deploy and manage the business processes without any dependency on the vendor or internal technology teams.
“We are delighted on Lending Factory getting certified and being available on Microsoft Azure Marketplace,” said Pradeep Varma, Director and Co-founder, Pennant Technologies. “We are focused and committed on delivering our customers with future ready products that will help them unlock business value. The highly configurable and scalable pennApps Lending Factory together with Azure platform’s capabilities of reliability and agility would help banks and financial institutions to strengthen customer centricity, improve operational agility and accelerate speed to market.”
“We’re pleased to welcome Pennant Technologies to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe,” said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. ”Azure Marketplace offers world-class quality experiences from global trusted partners with solutions tested to work seamlessly with Azure.”
The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.
Learn how Pennant and Microsoft teams recently helped a leading Financial Institution modernize and transform its lending operations on to Microsoft Azure.
For more information, visit: https://www.pennanttech.com/lending-factory/
Pennant Technologies is an agile, innovative FinTech company that delivers future ready, easily adaptable and configurable products and solutions for global banks and financial services companies. Our customer-centered approach and market-centered innovation help our clients transform their business operations, deliver differentiating customer experiences and drive competitive advantage. We provide agile software solutions for managing customer experience, lending operations, payment processing systems and specialised Islamic banking needs.
Founded in 2005, Pennant Technologies is headquartered in Hyderabad, India and has offices and technology centers in London, Dubai, Hyderabad and Visakhapatnam. To know more, visit: https://www.pennanttech.com/
Shrinivas Krishna Rao
Pennant Technologies Pvt. Ltd.
Shrinivas.k@pennanttech.com
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