For one of the major banks in Turkey, a collateral management module transformation is implemented by our expert team.
The objectives of this project were:
- Process optimization in end-to-end collateral management flows.
- Transformation of the current infrastructure.
The deliverables of this project are:
- New frontends are implemented including collateral entry, collateral exit, collateral update, collateral monitoring and collateral management administration.
- New integrations are implemented with the following modules:
- Core banking
- External Trade
- Cards and Payment Systems
- Missing Collateral calculations are implemented and the results are fed to the other modules such as collection, disbursement and underwriting.
- Collateral Transfer, automatic collateral and credit distribution batch is implemented.
- Check consolidation flow is optimized
- Collateral Sales flow for NPL customers is implemented
- Piloting of the project is monitored.