1.2.1 Functional Features

This topic describes the information about the various functional features added in this release.

• Corporate Lending Loan Origination Processes

  The Loan Origination process provides a facility to create corporate loans, taking the application through various stages of the business process flow, from loan request initiation to loan account creation and disbursement.

• Corporate Lending Servicing Processes
  In Servicing process, the Product supports Business process flows related to maturity extensions, including the following:

  • Loan Payment
  • Non Financial Amendment
  • Financial Amendment
  • Rollover
• Corporate Lending Rate Quotation and Draft Proposal Process

  Draft Proposal supports to check the eligibility, basic details, and structure of the loan. Rate quotation is used to inquire about the current Cost of Fund interest rate.

• Settlement Instructions

  A new process flow has been introduced for users to maintain settlement instructions for customers. After approval, the system will trigger the back-office service to create the settlement instructions.

• Entity Details

  A new process flow has been introduced, allowing users to manage new entities for customers. After approval, the system will trigger the back-office service to create the instructions.

• SME Lending Origination Process

  This process has been added to originate bilateral loans for SME customers, enabling users to create loans for SME customers.