EUROPACE for lenders is the lenders central application within EUROPACE. Independent of the affiliations to a distributor or product provider, the originator undertakes all settings, which affects the way business operates - always online and in real-time. Thus amendments, e.g. scoring or pricing, will immediately take effect on all distribution partners and product providers. "Straight Through Processing" across all participants of the value chain, even when customising the system!

All settings, which have to be parameterised, cover all aspects of the advance lending business:

• Selection and level of cooperation with external and internal sales organisations
• authorisation of the distribution partners
• provision range for distribution partners
• Selection and level of cooperation with external and internal back offices incl. control and distribution of workload across all organisations
• Valuation of the collateral (particularly in housing finance)
• Differentiated product range
• basic offerings
• offered product types (i.e. annuity loan,  endowment mortgage, variable and tracker loans, forward loans, cap loans, "KfW-Darlehen" [loans supported by KfW home ownership program], "Konstantmodelle" [fixed redemption rate until full redemption], guarantee/assurance loans, mezzanine financing etc.)
• pricing (net present value method, market-to-market method, etc.)
• Rules for credit decisions
• credit rules
• scoring
• Necessary documents for disbursement
• Necessary documents for credit approval
• Management-information-system to control business development

EUROPACE for lenders, as part of the entire EUROPACE platform, is the central interface between distribution partners and credit organisations to process the origination of loans. Besides the lenders own distribution channels the "who's who" of financial services distributors in Germany are already represented on the platform. Hence new business relationships can be established immediately without the necessity to build up new interfaces. Servicers , who have already joined the platform and utilise EUROPACE for loan officers, enable a dynamic workload distribution between the various back-offices.