Key Features
- Three dimensional features such as channel restrictions, multiple interest offsets, multiple interest schemes and interest calculation methods
- All product variants and more than 10 offsets for differential pricing
- Multi currency features to allow structured deposit products such as dual currency deposits
- Differential interest treatment for early withdrawals helps a bank manage better cash flows and interest expense
- Highly flexible module to launch products quickly on market demand
- Sophisticated product variants are possible such as rollover of multiple deposits into a single deposit, top-up at the time of rollover, change of product based on customer attributes , rollover from currency A to currency B etc
- Interest can be structured to be the MAX (LIBOR 1M, 3%) or the AVERAGE (LIBOR 1M, LIBOR 3M, 8%)
- Caps and floors can be applied to floating rates
- Exhaustive back valuation support as needed by banks
- Automated EOD processing ensures processing of interest accruals, interest liquidation, rollovers , loan release, maturity etc.,
Leverage power of Intellect Deposits as an investment option or use as a collateral for advances
"A leading bank in EMEA region powered by Intellect Deposits won the best core banking awards"