JPMorgan reduces loan processing errors, delays with STP

JPMorganChase has achieved straight-through processing to share loan data and improve efficiencies, reduce errors and delays in loan processing.  Straight-through processing (STP) allows JPMorgan to digitize all information flowed on Versana, a syndicated loan platform, ranging from emails to faxes. This gives stakeholders access to the information, reduces human error and saves resources, Joseph Ferraiolo, head […]

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