Financial software firm Akcelerant has updated its loan-origination technology.
The latest version of Akcelerant's Framework software includes faster processing of automatic, triggered actions, customizable notifications and more flexible designs to allow companies to adjust to new regulations, the company said. The system's processing speed has been improved, it said, allowing companies to process loans more quickly.
Akcelerant, based in Malvern, Pa., released the first version of Framework a year-and-a-half ago. The new version of the product has more than 50 new features or enhancements, it said.