AFG Drives Frictionless Home Loans with Oracle Cloud by Daryl Eicher
Blog: PaaS Community
Andrew McGee, IT Manager of Business Services for AFG Home Loans, began his transformation journey with a simple question. How much of his IT spend was going to innovation? As a financial services company facing new competition from specialized fintech vendors, Andrew knew they needed to increase their innovation capacity, and he looked to the Oracle Cloud for answers. I got to speak with Andrew about his amazing journey and how it’s transformed the way his team engages with business leaders.
Moving their workloads to the cloud relieved IT from more mundane activities and saved on data center costs. In their quest to take the friction out of the end to end home loan process, Andrew and his team retooled with Oracle’s Cloud Platform with Autonomous Services. Now, new hires are able to immediately contribute to innovation efforts, and based on a track record of quick wins that scale, his team spends more time obsessing on simplifying every aspect of approving and funding the 10,000 home loans per month AFG brokers manage.
Andrew’s vision of frictionless home loans is working for AFG. In the time he has led his team on this journey, he’s seen a 3X increase in innovation capacity. With Oracle Cloud Platform’s hybrid integration and automation, Andrew now has a practical path to adopt disruptive technologies such as conversational AIs, Blockchain, and Robotic Process Automation. And like his colleague shares in 3 Ways National Pharmacies is Creating the Future of Work, the result is more engaged and energized IT pros that find new ways to monetize and secure their digital future. Read the complete article here.
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