Wipro's arm Wipro Gallagher Solutions (WGS) has unveiled latest version of its Loan Origination System (LOS), NetOxygen v5.1, which provides users the ability to look at various conditions associated with the loan and indicates the category of a condition, when a condition is due and the status of the condition.
NetOxygen v5.1 offers several new self-service tools to enable lenders to perform certain configuration tasks by themselves, thereby boosting operational efficiency and reducing time to market. These features include product and pricing setup, conditions configuration, configurable fee matrices and a user management tool.
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