Integration brings two industry-leading platforms together, will enable lenders to digitally manage construction portfolios across Built and SilverLake systems.
Built Technologies, a leading fintech company focused on powering smarter construction finance through modern technology, today announced the integration of its platform with Jack Henry’s SilverLake System ®.
Through the integration, users of Jack Henry’s SilverLake core banking solution will have access to Built’s construction finance platform, enabling lenders to seamlessly manage their construction portfolio online while accessing unprecedented portfolio analytics, alerts, and reporting capabilities.
“We are thrilled to add Jack Henry to our growing network of integrated core providers,” said Chase Gilbert, CEO, Built Technologies. “The SilverLake System ® is an industry leading solution, and this integration will provide a complete, seamless experience from loan origination through construction.”
When designing and developing the SilverLake integration, the Built team worked closely with Colorado Federal Savings Bank to ensure the solution enabled higher performing teams and faster draw turnaround, with less manual work and higher confidence in data. The integration now powers a predominant portion of Colorado Federal’s cross-system interactions, from loan onboarding in Built to draw disbursement in SilverLake.
“Post integration, Built and Silverlake were successfully connected and both systems remain up-to-date allowing us to realize a number of efficiencies. This has helped decrease our turnaround time on draw processing, decrease the amount of time our loan admins spend performing these tasks, and increase the number of draws that we can process.,” Dave Means, CTO, Colorado Federal Savings Bank.
About Jack Henry
In 1976, Jack Henry & Associates (JHA) was founded on the premise that strong relationships and sound technology go hand-in-hand. Today, with more than 9,000 customers and more than 6,400 associates, JHA combines this idea with the pursuit of once common goal — excellence in financial services. JHA provides more than 300 products and services that enable its customers to process financial transactions, automate their businesses, and succeed in an increasingly competitive marketplace. JHA’s three brands — Jack Henry Banking ®, Symitar ®, and ProfitStars ® —support financial institutions of all sizes, diverse businesses outside the financial industry, and other technology providers.