Ideas for the Mambu Banking Engine

Configurable Locking of Funding Allocation

What

 Mambu should raise an error and prevent attempts to allocate more money than the investor has cash, regardless of whether the loans have been disbursed or not. Currently, Mambu only prevents additional allocation when loans are active (disbursed).

Why

When an investors has funds allocated, and the loan is approved, it should be possible to prevent them from over-committing to multiple loans

  • Eugene Danilkis
  • Mar 17 2016
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  • Boyd Pederson commented
    20 Mar, 2016 06:57am

    This is correct.  In order to prevent Clearing & Settlement risk, an investor should NOT be able to allocate more funds than they have in cash.  This would prevent new allocations until repayments or new funds are received