fully automated and
Collenda Banking - Loan Application & Loan Management offers streamlined processing for standardized consumer or mortgage products. With highly automated and fully controlled processes from application to disbursement.
Annuity Loans, Total Loan Due, Amortization Loans, Forward Loans, Revolving Loans, Rollover Loans, Cap and Floor Loans are all supported with different process flows matched to the product characteristics. Front office and back office are fully supported and the borrower has online access via the customer portal.
Internal inventory management processes (such as periodic reviews) are also covered and our loan management application is fully integrated with our risks and regulatory reporting products.
Multi-currency loan management uses a freely administrable chart of accounts of main and secondary accounts for its double-entry accounting. SEPA and cross-border payments are fully supported.