pibas core:
collateral management system
The Collateral Management System (CMS) is a powerful tool for the bank to manage, monitor & control assets that are submitted by the customers as collateral to avail the bank's credit facilities. CMS includes multi-currency Collateral Management and the Amount Permissible Calculation helps to maintain a grip on the clients activities.
contact us!
salient features & benefits
- Consolidates collaterals for business relationship number / customer
- Improved Risk Management
- Customizable Collateral Types [Hypothecation, Pledge etc...]
- Customized hierarchical collateral categories where the user can define:
- Market Price & Base Price labels
- Valuation Level
- Depreciability
- Permission for Partial Release
- Multi-Currency Collateral Management
- Amount Permissible Calculation
- Concept of Margin
- Quantity Definition on Collateral
- Base Price & Market Price Concept with Local Currency equivalent
- Valuation/Re-valuation:
- Category Level
- Collateral Level
- Dynamic calculation of drawing power across the bank / branch, as and when collaterals are re-valued
- Surveyors Management
- Custodian Management
- Custody Information of Collateral
- Insurance Company Management
- Insurance Information of Collateral
- Addition of customized Collateral information
- Notification / Alerts on Collaterals
- Primary & Secondary Collaterals
- First & Second Charge of Collaterals
- Detail Specification of Property
- Flexible Charges Structure
- Partial Release of Collateral