Quadrant Knowledge Solutions’ Retail Loan Origination System market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, market trends, and future market outlook. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading Retail Loan Origination System vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including axefinance, Blend, COMARCH, EdgeVerve, Experian, FICO, Finastra, Fiserv, Innovatec, Jack Henry, Lender, Newgen Software, nCino, Oracle, Pennant Technologies, Q2, Sopra Banking, TurnKey Lender, and Wipro Gallagher.
According to Pradnya Gugale, Analyst at Quadrant Knowledge Solutions, “A retail loan origination system (RLOS), also known as consumer loan origination system, automates the end-to-end lending process for individual borrowers. The process consists of evaluating loan applications, determining whether a borrower is eligible for a loan, generating the necessary documents for completing the loan transaction, risk management, and more.”
2022 Retail Loan Origination System SPARK Matrix
Source: Quadrant Knowledge Solutions

Table of Contents
Executive Overview
- Key Research Findings
Market Overview
Competitive Landscape and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Retail Loan Origination System, 2022
Vendor Profiles
Research Methodologies
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