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Abrigo ALLL vs. Nortridge Loan System

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Abrigo ALLL
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Abrigo ALLL (formerly Sageworks ALLL) is a solution for loan allowance and lease loss calculation and is targeted for banks and credit unions. It is designed to help streamline the reserve calculation while providing a consistent analysis that is defensible to auditors, examiners & the board. According to the vendor, this solution enables users to do the following: Spend 80% less time on the ALLL Reduce manual errors & examiner…N/A
Nortridge Loan System
Score 8.2 out of 10
N/A
The Nortridge Loan System is a loan servicing platform from Nortridge Software in Lake Forest, California.N/A
Pricing
Abrigo ALLLNortridge Loan System
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Abrigo ALLLNortridge Loan System
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details——
More Pricing Information
User Ratings
Abrigo ALLLNortridge Loan System
Likelihood to Recommend
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Abrigo ALLLNortridge Loan System
Likelihood to Recommend
Abrigo
No answers on this topic
Nortridge Software
Some areas where Northridge Loan Systems is best suited is for mid to large-sized companies who are handling thousands of loan applications on a day-to-day basis. Since this program has a sizeable IT infrastructure, this software is best suited for companies that have a mid to large-size IT team with scalable infrastructure. I would not recommend Northridge Loan System to smaller-sized companies with a low volume of loans as it can be a mid-complex to manage and maintain when there are other solutions out that cater to smaller businesses.
MS
Michael Sen
System Administrator
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Pros
Abrigo
No answers on this topic
Nortridge Software
  • It can be deployed in the cloud making it easier to implement.
  • There are many different options for implementation in our IT environment including on-prem.
  • It can integrate with our Active Directory allowing for easy user management.
MS
Michael Sen
System Administrator
Read full review
Cons
Abrigo
No answers on this topic
Nortridge Software
  • In some instances, we have noticed there are some latency issues when reading and writing from SQL databases as new code bases get released.
  • API library upgrades could be tested a bit better in each new release.
  • Cloud implementation could be a bit more streamlined.
MS
Michael Sen
System Administrator
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Alternatives Considered
Abrigo
No answers on this topic
Nortridge Software
We chose Nortridge Loan System to handle our loan management going forward to due to the fact that we can implement this crucial business function in the cloud. Unlike Shaw Systems, which is completely on-premise, we have to manage many aspects of this software for the business from servers to segregated networks, and backups to ensure availability. With Northridge Loan Systems being able to be implemented in the cloud, we can ensure higher availability to our loan servicing teams and increased insurance that data will be safe with the DR procedures surrounded in the cloud.
MS
Michael Sen
System Administrator
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Return on Investment
Abrigo
No answers on this topic
Nortridge Software
  • One pro to Northridge Loan System is that we can migrate off of old on-premise servers that are out of compliance.
  • With Northridge Loan System being compatible in the cloud we can deploy it within AWS promoting for long term scalability
  • We are able to manage and organize all loan-related data easily and more streamlined with Northridge Loan System
MS
Michael Sen
System Administrator
Read full review
ScreenShots

Abrigo ALLL Screenshots

Screenshot of Flexible model and segmentation to fit the bank's methodologyScreenshot of Comprehensive reporting for examiners, auditors