Finastra Loan IQ vs Rockport CORE

Finastra Loan IQ is a commercial loan servicing platform for banks, third-party asset servicers, and private credit lenders. It centralizes lending portfolios and supports onboarding, servicing, syndication, and trading across the loan lifecycle. Supported lending includes SME, bilateral, middle-market, complex, syndicated, SBA, asset-based, commercial real estate, project finance, and export finance loans. It handles payment-in-kind interest, non-pro-rata structures, unitranche facilities, and club deals. Payment scheduling, a borrower portal, and API access are available. Loan IQ Nexus links internal and external systems through Finastra-maintained open APIs. Deployment can be on premises or container-based cloud, with hosting through Finastra Lending Cloud Service, which uses Azure capabilities and OpenAPIs. Finastra describes built-in controls and automation for reducing errors and manual intervention. Preferred Active Support includes priority case management, dedicated experts, diagnostic sessions, and pre- and post-go-live checks. Pricing is on request.

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