Success Stories
CBRE
The story
CBRE is the world’s largest full-service commercial real estate and investment organisation offering a broad range of
integrated services, including; facilities, transaction and project management, property management, investment
management, appraisal and valuation, property leasing, strategic consulting, property sales, mortgage services and
development services.
"Velocity IT have been the partner of choice to deliver an array of low-code development solutions responding to the demand to digitally transform business operations to aid efficiency, reduce operational cost and implement company systems that can be scaled to suit the ever-changing global capacity of CBRE."
The Challenge
CBRE’s loan administration team manages commercial loans on behalf of lenders.
The long running loans require accurate covenant management and can often be complicated and prone to issues. In the past, a mixture of manual calendars and lists were used to manage the process.
Following a system review, it was recognised that the existing process was not scalable and posed a significant contract breach risk to CBRE. Velocity IT responded to an urgent requirement to provide a loan administration system that tied loan repayment, covenant management and asset management functions of commercial loan servicing together in one system.
The Solution
- Implemented an innovative solution with capability to effectively create and manage loans.
- Full integration with loan servicing platform, Finance Active.
- Provision of a single debt services management platform.
- Sophisticated reporting capabilities detailing loan covenants in one view.
- Covenant diary management system to mitigate any contract breaches.
- Built-in audit and compliancy capabilities to ensure financial regulatory requirements are met.
- By utilising low-code technology CBRE was able to significantly scale its loan service operations and provide a compelling reason for customers to choose CBRE and benefit from an enhanced customer experience.
“Velocity IT responded to an urgent requirement to provide a loan administration system that tied loan repayment, covenant management and asset management functions of commercial
loan servicing together in one system.”
Want to see more?
As a UK Managed Service Provider, learn how we've helped our customers with reliable, trustworthy, and responsive IT managed services.Discover our solutions and services
Our portfolio encompasses end user solutions, Azure cloud technology, Microsoft business applications, and digital business platforms.
For businesses looking to develop a modern workplace, our cloud technologies help business achieve effective collaboration through cloud-based software, such as Teams, SharePoint, and Viva. We help businesses transition from legacy server solutions to Microsoft Azure.
To add greater value to our core business solutions, we provide digital platforms such as document management, case management, project management, and intranet solutions.
Our professional services team ensure our managed services run like clockwork, through professional onboarding experiences, and they are the reason Core is a Microsoft Gold Partner with more than ten specialisations.
We are extremely proud of our professional services team, who maintain multiple Microsoft accreditations providing our customers with specialist, hard-to-find skills, and delighting our customers every single day.
From individual project work, and technology enablement, through to Core's very own Smart Services, we never fail to deliver.
Core’s IT Managed Services have been carefully developed to provide specialist extensions of our customers' internal IT teams.
With our Managed Service Desk providing first line support to end users, customers benefit from SLA-backed expertise to ensure productivity remains high.
Underpinning our Managed Service Desk, we offer managed services to cover every aspect of business IT environments, from Managed End User Compute, Managed 365, and Managed Security, through to Managed Infrastructure services to cover physical and cloud assets.
Let's talk
For more information about Core or to discuss your project, contact our friendly experts today.