Single collateral management platform across 18 different lines of business in a leading multi-national bank rolled out in 6 countries
Key Features
- Manages multiple collaterals like commercial and retail mortgage,
- Hypothecation of vehicles and machinery, Asssets in bulk, Market securities, Commodities, Guarantess and depositis
- Automates the entire lifecycle of collateral, namely asset information capture, tasks, valuation, tracking, reports & queries
- Single collateral to multiple drawdown and multiple collateral to single drawdown.
- Broad parameterization for each asset type & extensive capturing of asset details.
- Collateral can be assigned to a loan or a limit.
- Risk exposure of each asset with capping limits.
- Supports Collateral pooling, earmarking and Asset repossession, release & sale.
- Collateral revaluation with coverage ratio change based on market feeds and exchange rates
- Collateral cross currency creation and utilization.