2.1.4 Identifying Factors
Into the Oracle FLEXCUBE, any provider or scheme that you want to offer to help you your potential customers can be defined as an item. For instance, their lender are getting into financing agreements with other credit banking institutions, so you can disburse loan requests since a great syndicate. That it business out of disbursing syndicated loans can be defined as an excellent device.
Supposed next, your own financial might be offering borrowing consumers financing as a result of people tranche out of a good syndication package structure. So you can recall, a tranche is a channel by which a borrowing from the bank consumer you can expect to have the required financing once the a blow down. Which studio you want supply on the customers, from choosing money using good tranche’ case of one’s syndicate contract, could also be recognized as a tranche unit.
Identifying factors simplifies the job away from disbursing syndicated financing. Typically, you would need to establish the second factual statements about a good tranche product every time you process a draw right here this new tranche:
- New choices for desire relevant
- New commission schedules
- The latest liquidation dates to own ICCF elements
You could establish something utilizing the needs mentioned above. Any time you enter a suck right here the merchandise for the Oracle FLEXCUBE, they’ll be immediately placed on they, while need not indicate her or him afresh.
- Area of the syndication equipment. So it height sets a plan to own capturing details for everybody syndication deals.
- The brand new tranche and mark down peak affairs. It top makes you take information for everybody tranches significantly less than a good syndication deal, together with draw downs under each tranche.
Oracle FLEXCUBE processes syndication deals by allowing you to just take deals in the both tranche level plus the draw off top less than a good tranche. Continue reading «dos.1.5 Handling Tranche or Draw Down Deals»