The main purpose of Experience Collateral Management application is to provide a reliable registration and allocation of all types of collaterals used to cover exposure in order to control and mitigate credit risk. Furthermore, the application enables revaluation of collateral asset fair value, enhanced workflow and task mechanism, automatic alerts and detailed reporting package, as well as allocation by various methodologies and distribution algorithms.
Key functionalities
Collateral asset administration
Rich and extensible collateral object model
Data entry validation, responsibility segregation and multi-level verifications
Single and batch revaluation built on matrix, indexes and rate tables
Automated checklists for initial and daily collateral classification
Collateral allocation management
Interactive graphical representation of exposure coverage and collaterals utilization on customer level.
What-if analysis in the loan origination procedure
Stress test simulations.
Simple and flexible process management
Flexible workflow definition
Automatic alerts provided by enhanced task and notifications system
Agent’s KPI measurement
Integration with external systems
Insurance brokers
External appraiser agencies
Securities and rating registers
Business benefits
Compliance with Basel II requirements
Proper exposure measurement
Mitigation of credit risk
Improved control and automation of collateral management processes
Technology stack
Programming languages and main frameworks
Microsoft .Net (C#), Windows Presentation Foundation, Windows Workflow Foundation, Windows Communication Foundation, Entity Framework
Presentation
Rich client Windows desktop application with ClickOnce deployment
Application server
WCF services deployed at Microsoft IIS
Database
Microsoft SQL Server
Integration standard
Web services (SOAP and REST)
Service Bus for Windows Server
Batch data synchronization with staging
Client-level integration: inter-application calls using external links.
