Connected – Limits and Collaterals and covenants in complex business lending space with Finnate – Limits and Collaterals
Do you have a 360-degree view of the customer positions and limits & collateral positions which cuts across product siloes? In today’s competitive landscape, not having a centralized view of customer, leads to the inability to do cross sell/up-sell and risk assessment during origination.
Finnate – Limits and Collaterals provides a centralized platform for managing exposures across the financial institution in real time with capabilities of enterprise wide management of limits, covenants, and collaterals. Finnate – Limits and Collaterals helps in efficient risk management and control in an era of increased regulatory scrutiny and competition. Centralization of limits, covenants, and collateral management will allow financial institutions to effectively manage their capital allocation requirements.
Centralized Limits Management
- Multi-product limits provide real-time 360-degree view of the customer’s credit position
- Multi-level limit structures to handle variations such as customer, currency, parent, product among others
- Enhanced customer experience using real-time pre-deal limit checks
- Real-time visibility of facility lifecycle and performance
Streamlined Collateral Management
- Full spectrum of collaterals: stocks, real estate, equipment, etc.
- Configurable pooling and apportioning of collaterals
- Integration with multiple external data sources for collateral valuation
- Workflow driven collateral life-cycle management
- Support for haircut maintenance
Automated Covenant Monitoring
- Automated onboarding of bank-defined financial & non-financial covenants definitions
- Periodic covenant testing with dynamic workflows to effect pricing, or waive, or to block facility
- Operational efficiency with quick views for covenants exceptions and trends
- Generate alerts to customers in advance and to relationship managers
Real Time Analytics
- Flexible simulation tools for exposure analysis
- Real-time threshold checks for early warning stress signals
- Configurable reporting at various levels such as top 10 customers in terms of exposure and payment history report per customer
- Interactive visual relationship graph network amongst customers, limits, collaterals driving an empowering user experience