Baker Hill, the FinTech company, has convinced Washington Trust Bank to renew their partnership.
The renewal will also see Washington Trust Bank migrate to Baker Hill NextGen, a solution to streamline loan origination and portfolio risk management for commercial, small business and consumer lending.
Washington Trust has previously been using Baker Hill Advisor to cut the number of systems that their relationship managers needed to work with for their commercial and portfolio risk management.
With the new deal, Washington trust expects to gain a modern user interface that is engineered to adapt to the evolving needs of clients and offer access to all functions and data within a singular platform.
“We’ve been more than satisfied by our existing relationship with Baker Hill over the years, making this transition into Baker Hill NextGen even more exciting,” said Jack Heath, president COO of Washington Trust Bank. “Being our trusted solution provider made choosing Baker Hill NextGen? an easy decision and we look forward to continuing to grow with them in the future.”
John M. Deignan, president and chief executive officer of Baker Hill, said he was thrilled about Washington Trust Bank doubling down on their partnership. “We’re looking forward to this evolution of the relationship with the expanded capabilities and software needed to support their requirements with Baker Hill NextGen,” he said.
