BALA CYNWYD, PA — Edge Capital Lending, LLC has been named one of three finalists for the Banking Tech Awards in the Innovative Use of Existing Technology category, joining industry leaders JP Morgan Chase and United Wholesale Mortgage.
The nomination underscores Edge’s leadership in leveraging existing technologies to revolutionize the asset-based lending (ABL) industry. Under the guidance of Joy Hanawa, Director of Technology, Data & Analytics, Edge introduced a series of automation projects using Microsoft Teams, SharePoint, and Power Platform to enhance operational efficiency, data integrity, and reporting accuracy.
Key advancements include automating loan data transformation for deeper portfolio and risk analysis, integrating ERP systems to eliminate manual data entry, and building a private cloud data lake for real-time access to production data. Additionally, Salesforce tools were tailored to combine multiple data sources, improve visibility, and enhance reporting.
These innovations have streamlined Edge’s operations, reduced costs, and provided a secure, accurate way to manage critical portfolio data.
“This nomination reflects our team’s commitment to operational excellence and innovation,” said Joy Hanawa. “By maximizing existing technology, we’ve achieved real efficiencies and improved decision-making.”
Meredith Carter, President and CEO, remarked, “Being recognized alongside major institutions validates our belief that innovation doesn’t always require reinventing the wheel. It’s about using the tools we have—smarter.”
The Banking Tech Awards winners will be revealed at a ceremony later this year.
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