FusionBanking Lending Servicing Workflows - Lending Servicing... · FusionBanking Lending Servicing...
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Transcript of FusionBanking Lending Servicing Workflows - Lending Servicing... · FusionBanking Lending Servicing...
FusionBanking Lending
Servicing Workflows
Shawn REYNOLDS
Product Management
Lorenzo CERUTTI
Systems Advisory Group
Misys Topic of the Month
Misys Connect
Strategic advantage
Welcome to the Misys Topic Of the Month!
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Format
45 min presentation by Misys experts
15 min Questions and Answers
Objectives
Present product features and/or market requirements new / little known / under
spotlight
Share views and help us understanding client requirements
Open for topics suggestions (can use Survey)
Frequency
Monthly, but cross-product program.
Schedule in SAG section of Documentation Portal
Invitations sent 2 weeks in advance to mailing list
The idea: From this….
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• Intuitive
• Browser Based (Thin Client)
• Replaces Loan IQ UI (Fat client)
• Configurability
• Does not require full CME install
…. to this
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One Two Three
A componentised lending solution for the entire loan lifecycle
From sales and CRM to servicing
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Misys
19 April, 2017
All-in-one lending
Workflow, business process and compliance management
FusionRisk Limits
Credit analytics, limits, exposures management
Sales & CRM
> Pipeline
reporting
> Workflow
wizards
Underwriting
& app processing
> Credit policy
> Financial analysis
> C&I, CRE, ABL,
Syndications, SBA
Document gen
and preparation
> Audit checklists
> Legal content
> Credit write-up
Loan boarding
> Funding
> Booking
> Renewals
> Mods
> Extensions
Proactive
portfolio/risk
management
> Covenant
tracking
> Annual reviews
> Track exceptions
Collateral
management
> Lien perfection
> Tickler tracking
> Borrowing base
valuations
Business
Intelligence
> Queries
> Reports
> In-memory
analytics
Trading
> Position
monitoring
> Confirmation
and settlement
Servicing
> Payments
> Rollovers
> Agency
processing
> Loan
accounting
FusionBanking Loan IQ Commercial loan servicing and accounting
FusionBanking Credit Management Enterprise Credit workflow and loan origination
FusionBanking Lending
Channels
> Drawdowns
> Payments
> Balance
enquiries
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FusionBanking Lending Servicing Workflow
• Servicing Workflow creates an intuitive end user experience for processing and requesting loan
maintenance throughout the life of Bi-Lateral Loans
• Users do not have to learn the complexities of Loan IQ or other back end system in order to initiate
transactions
• A key milestone towards All-in-One Lending
Payments
• Ability to create additional disbursements from CME to Loan IQ
• Includes loan drawdown, loan increase, deposit increase, new deposit, and reversals
Loan Repricing Disbursements
• Ability to reprice a
loan from CME to
Loan IQ
• Includes quick loan
repricing and
comprehensive
repricing
• Ability to apply
payments from
CME to Loan IQ
• Includes one time
event fees,
ongoing fees,
scheduled and
unscheduled
payments
FusionFabric • Innovative architecture designed to solve the biggest information system problem in the
banking industry.
• Enables the development of additional components on top of core components to build solutions based
on the needs.
Modularity • Capability to organize functionality and features in independent modules.
• Modules expose those features and when they are assembled and organized together, they provide
the set of functionality expected from the application.
• Can be reused in various applications, replaced by modules exposing the same functionality and have
independent lifecycles.
• New modules can be added to a predefined set of modules to extend it and expose more functionality.
.
We are using FusionFabric to build the Servicing Workflow in CME
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2017 22 March 2017 9
DEMO
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High Level Enhancement Functionality
Servicing Workflow Transaction Summary
Loan Increase
Loan Initial Drawdown
Payoff
Fees
Outstanding Ongoing Fee Payment
Facility Ongoing Fee Payment
Free Form Event fee payment
Facility Free Form event fee payment
Pre-Payment Penalty fee Payment
Outstanding Late Charges Payment
Payment
Loan Unscheduled Principal payment
Loan Unscheduled Interest Payment
Loan Scheduled Payments
• Schedule Types - Principal Only, Principal + Interest Due
• Schedule Types - Fixed Payment
Loan Unscheduled Payments for Scheduled
• Schedule Types - Principal Only, Principal + Interest Due
• Schedule Types - Fixed Payment
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Transaction High Level Enhancement Functionality cont.…
Servicing Workflow Transaction Summary
Reversals
Ongoing Fee Payment
Freeform event fee payment
Ad-hoc Principal Payment
Interest payment
Scheduled and Unscheduled Loan payments
Pre-payment penalty payments
Outstanding Late Charge Payments
Loan Drawdown
Payoff
Loan Increase
Deposits
Outstanding Deposits
Deposits Increase/Decrease
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Roadmap
Phase 3
February 2017 Phase 4 Phase 5
Payments
Fee Setup
Fee Payment
Prepayment (Create,
waive and payment)
Reversals (for all
applicable SW
transactions as per Loan
IQ)
Deposit
Creation/Maintenance
(increase/decrease)
Customer Maintenance
Architecture related
stories for User security,
Error handling, validation
framework etc.
Facility Maintenance
Outstanding
Maintenance
(Add/update Loan
Maint.)
Inquiry
Event Fees (A/R)
Payments (Capitalize
int./scheduled int.)
Deal Maintenance
Portfolio Management –
Scheduled Activity
Report
Escrow (Deposits)
SBLC
Payments (scheduled
payment deferments)
Adjustments
Escrow
(Statements/Disbursement
s)
Outstanding Maintenance
(Penalty Interest/Share
Adjustments)
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Roadmap
Phase 3
February 2017 Phase 4 Phase 5
Payments
Fee Setup
Fee Payment
Prepayment (Create,
waive and payment)
Reversals (for all
applicable SW
transactions as per Loan
IQ)
Deposit
Creation/Maintenance
(increase/decrease)
Customer Maintenance
Architecture related
stories for User security,
Error handling, validation
framework etc.
Facility Maintenance
Outstanding
Maintenance
(Add/update Loan
Maint.)
Inquiry
Event Fees (A/R)
Payments (Capitalize
int./scheduled int.)
Deal Maintenance
Portfolio Management –
Scheduled Activity
Report
Escrow (Deposits)
SBLC
Payments (scheduled
payment deferments)
Adjustments
Escrow
(Statements/Disbursement
s)
Outstanding Maintenance
(Penalty Interest/Share
Adjustments)
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Roadmap
Phase 3
February 2017 Phase 4 Phase 5
Payments
Fee Setup
Fee Payment
Prepayment (Create,
waive and payment)
Reversals (for all
applicable SW
transactions as per Loan
IQ)
Deposit
Creation/Maintenance
(increase/decrease)
Customer Maintenance
Architecture related
stories for User security,
Error handling, validation
framework etc.
Facility Maintenance
Outstanding
Maintenance
(Add/update Loan
Maint.)
Inquiry
Event Fees (A/R)
Payments (Capitalize
int./scheduled int.)
Deal Maintenance
Portfolio Management –
Scheduled Activity
Report
Escrow (Deposits)
SBLC
Payments (scheduled
payment deferments)
Adjustments
Escrow
(Statements/Disbursement
s)
Outstanding Maintenance
(Penalty Interest/Share
Adjustments)
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Roadmap
Further steps – to be scheduled
Intent Notices
Syndicated Loans
Loan Repricing
Landing Page Enhancements
Complete Loan IQ UI replacement
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•
Next steps
In one minute
• Questions and Answers
Today
• Presentation PDF
• Link to Webex recording
• Posted on Documentation Portal (Tutorial tab)
ASAP
• Survey to rate this session
• Suggest topics for future session
• State your organisation’s interest in the features presented
Anytime
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