Bryt vs Shaw Systems Spectrum
Bryt
brytsoftware.com
Shaw Systems Spectrum
shawsystems.comSide by side
| Figure | Bryt | Shaw Systems Spectrum |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 3 |
| Spec score · Loan Management Software | 8.3 (#4) | 7.9 (#7) |
| Borrower portal | Bryt offers a white-labeled borrower experience with login access, payment details, loan summaries, and real-time communication options. | Spectrum Amplify adds responsive self-service, automated notifications, payment tools, document exchange, configurable screens and workflow queues. |
| Headquarters | Palm Desert, California, USA | Houston, Texas, United States |
| Integrations | A custom API module can integrate third-party applications; the API module is not available in the free trial. | The FAQ names payment processors, originations systems, dialers, omnichannel communications vendors, statement and letter printers, email services, customer portals, and DocuSign as integration use cases or partners. |
| Security | Bryt says it uses Microsoft Azure hosting, column-level encryption for sensitive data, and HTTPS for web and API traffic. | Shaw states it holds annually renewed SOC 1 Type II and SOC 2 Type 2 certifications, uses SSL and encryption, logs system activity, and partners with Arctic Wolf for security monitoring. |
| Support | Standard support is free and includes knowledge base, interactive tours, videos, chat, email, telephone, and one-on-one Zoom sessions; listed support hours are Monday to Friday, 6:00 AM–5:00 PM PST, excluding holidays. | Active clients can use a password-protected Solution Center, submit issues through JIRA, and call for after-hours emergency product support. |
Plans
Bryt
- Bryt Business VersionPrice not published
- Bryt Enterprise VersionPrice not published
- Bryt Professional VersionPrice not published
Shaw Systems Spectrum
- Shaw$50,000, paid once
- Shaw Systems subscriptionPriced on request
- SubscriptionPriced on request
In their own words
Bryt
Bryt is a cloud-based loan management and servicing platform for lenders. It handles loan setup, payment tracking, borrower records, communication, and reporting through web access and an API. Users can configure loan terms, rates, fees, interest calculations, and schedules without development. Servicing tools track payments and delinquencies, apply fees, and update loan statuses. The Loan Payment Wizard handles scheduled or unscheduled payments, payoffs, waterfall allocations, interest accrual, and late fee calculations. Its CRM stores borrower profiles, payment histories, communication logs, documents, and servicing notes. Lenders can offer a white-labeled borrower portal with loan summaries, payment details, login access, and communication options. Reports cover loan performance, payments, delinquencies, and portfolio trends, and can be exported. Optional modules include ACH, NACHA, credit reporting integration, an API module, borrower and investor portals, and an accounting register. Bryt lists private, commercial, construction, consumer, mortgage, nonprofit, microfinance, CDFI, and other lenders among its intended users. Pricing is available on request; there is no free plan, but a 30-day trial is offered.
Shaw Systems Spectrum
Shaw Systems Spectrum has no write-up on Specifiction yet; its figures are above.