Teres Solutions said it is now integrating the account opening solution from Andera into its SAIL automated lending platform.
Austin-based Teres, a provider of indirect and direct lending solutions to about 200 credit unions and other lenders, made the announcement at its annual Shine '09 Lending Conference this week at the Gaylord Texan Resort & Convention Center in Grapevine.
The integration allows institutions using SAIL to offer new account owners access to real-time automated loan decisions, including loan consolidations, credit cards and other services of values, as well as cars and trucks.
Andera, based in Providence, R.I., provides account opening solutions and other software and services to about 270 financial institutions, about half of them credit unions.
