Make software the USP of your agency business
In the competitive world of commercial and syndicated lending, your business needs a unique selling proposition (USP) to stand out from the crowd.
If you've been searching for alternatives to LoanIQ or ACBS, you’re not alone.
Traditional systems like Solvas, WSO, LoanIQ, AFS, and ACBS often fall short. They offer outdated user interfaces and rarely release new features to meet the nuances of the ever-evolving market. This is where LedgerComm comes in—a modern, intuitive platform designed specifically to elevate your business operations and give you the competitive edge you need.
Loan market software overview
To help you understand how our product is different to incumbent software we have provided some side by side comparisons
Access to golden source data
LedgerComm vs LoanIQ
LedgerComm provides an enhanced experience relative to the "loan calculator" functionality associated with LoanIQ. LedgerComm allows access to the golden source of agency data to all parties in a transaction - agents, lenders, PE sponsors, administrators, and legal counsel. LoanIQ does not.
This means there is no need for manual reconciliation of positions and notices across involved parties or time wasted at key pinch points like restructurings and amendments.
Our borrower-side portal allows digital covenant monitoring, self-service utilization requests and repayments, and instant notification to agents, lenders, and borrowers for key events in a loan's life cycle.
LedgerComm vs Solvas (loan agency)
Solvas is the new name for CDO suite, a loan agency and portfolio management system. Solvas has no borrower side portal, KYC or data room capabilities. It struggles to process large volumes of interest notices and has a dated interface. LedgerComm gets the most incoming calls from Solvas customers looking for a new solution.
Solvas is also now owned by Alter Domus a loan agency provider, meaning your loan agency software is being provided by a competitor. This relationship can make certain counterparties uncomfortable.
LedgerComm vs Versana
LedgerComm is the engine room for your loan agency business, we use that data to give you a bloomberg for private markets view on all your loan transactions. Versana doesn’t provide agency tech rather is a data aggregator for the loan market.
Versana aggregates all the agent notices (only LoanIQ enabled so far) from underlying loan agents to make sure the loan information you see is the most upto date. Versana is funded by the biggest banks in the loan market who want to monetise their data.
Let's discuss your needs
We're always open for a chat.
Give us a call on +44 7899 901668, leave a message, or book a demo ›
LedgerComm Ltd
20 Eastbourne Terrace, London W2 6LA, United Kingdom
