Success Story
Copernicus Credit
Spain
As Copernicus Credit grew, its employees spent less time with clients and more time on excessive manual work. Their existing loan management system, unprepared for the intricacies of Copernicus's business, required manual transactions in Excel, leading to the potential for human error.
Hypercore’s ability to handle different types of funds and a high volume of transactions meant it would be able to grow as Copernicus Credit’s funds grow. “I never heard ‘no, this is not possible’, ‘impossible’, ‘very expensive’, or ‘takes a lot of time,’ from the Hypercore team,” shared Alfonso Unzurrunzaga, Head of Organization, PMO and ESG.
With Hypercore, Copernicus Credit now has a platform that will help them grow and scale. They can now handle the incoming volume of loan origination they need to meet the demands of their market. Client logo - you have it now
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Copernicus Credit, a subsidiary of Copernicus Group, support Spanish businesses in their financing needs, offering bridge loans with a mortgage guarantee
As Copernicus Credit grew, its employees spent less time with clients and more time on excessive manual work. Their existing loan management system, unprepared for the intricacies of Copernicus's business, required manual transactions in Excel, leading to the potential for human error. They needed a solution to streamline these processes, especially in managing diverse funds.
"We had to manually change transactions in Excel, leading to possible mistakes. It was crucial to have a platform to facilitate work, especially in managing different funds” shared
Enrique Alaman, Business & Reporting Analyst.
Copernicus Credit decided to retain their manual system for existing funds while identifying a new platform for new partnerships. Scalability was paramount in a new system. They needed a platform that could support volume, eliminate manual tasks, and scale as they grew.
Hypercore emerged as the right solution for Copernicus Credit based on customization, flexibility, and scalability. Hypercore’s ability to handle different types of funds and a high volume of transactions meant it would be able to grow as Copernicus Credit’s funds grow.
“The goal is to switch off the legacy systems and use only Hypercore, all the data, all the reports, the documents, everything, within one single platform.”
Alfonso Unzurrunzaga, Head of Organization, PMO and ESG.
With Hypercore, Copernicus Credit has their operating system and reporting system in one place.
During implementation, Copernicus Credit relied on Hypercore’s dedicated team to ensure all business requirements were met.
“I never heard ‘no, this is not possible’, ‘impossible’, ‘very expensive’, or ‘takes a lot of time,’ from the Hypercore team.”
Alfonso Unzurrunzaga, Head of Organization, PMO and ESG.
Even though they had incredibly custom needs, the flexibility of the platform and responsiveness of Hypercore’s support team meant Copernicus Credit could build the system they needed on time and on budget.
With Hypercore, Copernicus Credit now has a platform that will help them grow and scale.
“I feel very confident not only with the system/application, but also with the team behind the application.”
Alfonso Unzurrunzaga, Head of Organization, PMO and ESG.
They can now handle the incoming volume of loan origination they need to meet the demands of their market. And, they have a partner in Hypercore to help them as they migrate off their legacy systems once and for all.
