Covarity Overview

Covarity is a comprehensive loan servicing software solution designed to help financial institutions and lenders efficiently manage their loan portfolios. The platform offers a range of tools for loan origination, servicing, and administration, streamlining processes and ensuring compliance with regulatory requirements. Covarity provides features for loan tracking, payment processing, and account management, allowing lenders to monitor loan performance and identify potential risks. The software also supports automated payment reminders, overdue notifications, and collection management, reducing the manual workload for loan officers and improving customer service. Additionally, Covarity includes robust reporting and analytics features, giving businesses the insights they need to manage their portfolios effectively. With its intuitive interface and flexible configurations, Covarity is ideal for banks, credit unions, and other lending institutions looking to improve their loan servicing operations, reduce operational costs, and enhance customer experience.

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Contact Details

  • Vendor Name Constellation Financial Software
  • Founded 2000
  • Location Canada

Support

    NA


Training

  • NA

Licensing & Deployment

  • Proprietary Proprietary
  • Cloud Hosted Cloud Hosted
  • Web-Based Web-Based

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English


Industries

Advertising & Marketing, Banking, Consumer Electronics, Financial Services, Food & Beverages

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Covarity Features

  • Arrow Icon Document Management
  • Arrow Icon Amortization Schedule
  • Arrow Icon Automatic Funds Distribution
  • Arrow Icon Investor Management
  • Arrow Icon Collateral Tracking
  • Arrow Icon Accounting
  • Arrow Icon Payment Collection
  • Arrow Icon Third-Party Integrations
  • Arrow Icon Compliance Management
  • Arrow Icon Reporting/Analytics
  • Arrow Icon Audit Trail
  • Arrow Icon Contact Management
  • Arrow Icon Data Import/Export
  • Arrow Icon Loan Portfolio Management
  • Arrow Icon PCI Compliance

Covarity Pricing

Pricing Type

  • Pricing Type Per Feature

Preferred Currency

  • CAD ($) CAD ($)

Free Trial

  • NA

Free Version

  • NA

Payment Frequency

  • NA

Covarity FAQs

Covarity is a comprehensive loan servicing software solution designed to help financial institutions and lenders efficiently manage their loan portfolios. The platform offers a range of tools for loan origination, servicing, and administration, streamlining processes and ensuring compliance with regulatory requirements. Covarity provides features for loan tracking, payment processing, and account management, allowing lenders to monitor loan performance and identify potential risks. The software also supports automated payment reminders, overdue notifications, and collection management, reducing the manual workload for loan officers and improving customer service. Additionally, Covarity includes robust reporting and analytics features, giving businesses the insights they need to manage their portfolios effectively. With its intuitive interface and flexible configurations, Covarity is ideal for banks, credit unions, and other lending institutions looking to improve their loan servicing operations, reduce operational costs, and enhance customer experience.

  • No, Covarity does not offer a free version.

  • Yes, Covarity offers a free trial.

  • No, Credit Card details are not required for the Covarity trial.

  • No, Covarity does not offer an API.

  • Covarity supports the following languages:
    • English

  • Following are the typical users of the Covarity:
    • Self-Employed , Small-Business , Midsize-Business

  • Covarity supports the following deployment:
    • Cloud Hosted

  • Covarity supports the following devices and operating systems:
    • Web-Based