The FlexFinance module ‘Life Cycle Management’ covers all the important and central loan management functionsapplication covers all key features for lifecycle management using modules for managing loans and current accounts from a single pane of glass. This includes a clearly arranged cockpit, detailed data storage for lending operations as well as storage of deal data, the mapping of numerous business transactions events and the associated processes.
The accounting/reporting and loan application modules can be connected seamlessly on the basis of the FlexFinance ETL standard or the API web serviceOther modules such as “Financial Accounting”, “Regulatory Reporting”, and “Loan Origination” can be seamlessly integrated according to the ETL standard and the web Service API, respectively. In addition, other systems such as as customer management systems can be integrated easily.
The following types of credit and loans are supported:
- Annuity loans
- Amortised Amortising loans
- Bullet loans
- Overdraft facilities
- Lombard loans
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