Ideas for the Mambu Banking Engine

Custom Fields for Credit Arrangements

What: allow creating Custom Fields for Credit Arrangements (CA)

Why: in business scenarios where one client can have multiple lines of credit such custom fields would allow tracking information that differentiates those lines of credit (specific attributes, terms and conditions etc.). For example: a lender extending loans to retailers under different lines of credit per distributor, with different limits, terms and conditions, allowed products etc. These attributes can then be used by the lender to track workflows and support other business logic.

Examples of CFs to store at CA/LoC level: Principal Name, Application Date, Original Requested Amount, LoC terms (interest rate, repayment frequency etc.)

  • Rodica Levitchi
  • Sep 23 2016
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