Open participation maintenance for syndicated loans across loan life-cycle with real time updates and financial entries
Key Features
- Exclusive product template for Syndication loans.
- Lead bank’s interest rate and participant bank’s interest rate can be different.
- Separate amortization schedule for lead as well as participant bank.
- Option to share the fee with other participants.
- Participation changes, contribution changes, participation withdrawal.
- Auto sweep of participant funding
- Real-time transfer of funds to participation banks.
- Complete syndication life-cycle support including Participant Maintenance and Differential pricing for individual participants
- Individual cash-flows for each participant with real- time update on participant maintenance