Oracle Banking Enterprise Limits and Collateral Management Cloud Service is an enterprise offering that enables banks to accelerate credit origination and servicing, prequalify credit lines, track exposures to customers in real time, and mitigate business risks. The solution supports end-to-end lifecycle management and empowers banks with purposeful insights for better decision-making, enables the standardization of processes to enhance distinct operational capabilities, and facilitates real-time collaboration with intelligent automation to improve efficiency. Leveraging an exhaustive set of open APIs for credit functions, Oracle delivers best-in-class persona-based user experiences to maximize efficiency and deliver value.
Digitalize processes, redesign process models, and offer end-to-end digitalized credit and collateral lifecycle support. This service provides comprehensive coverage of credit and collateral processes, with several prebuilt processes available out of the box that can be configured to meet various product- and country-specific process requirements.
Customer onboarding and servicing capability:
Get a single source of truth to manage customer information in real time online across all entities in the enterprise that use customer data. Create a hierarchy for each corporate customer and their legal entities, with all customer subsidiaries and in-country and cross-border entities defined in a graphical structure along with comprehensive information for each of these entities.
Define credit policies once, then track and monitor them downstream during facility creation. The credit proposals initiated are validated against these policies at each stage of the credit process. Credit officers get a holistic view of the met and breached policies, enabling them to make the necessary decisions to initiate policy exception approval or reject such transactions.
The credit risk management team can leverage the comprehensive credit dashboard available with the service to monitor credit exposures across customers and mitigate credit risks. Relationship managers can initiate all applications and follow-ups with all stakeholders from a single customer 360 and relationship management dashboard.
Perform detailed credit checks via qualitative and quantitative analysis. You can parameterize criteria using a rule-based framework based on your requirements. Define different scores for different parameters to tailor credit analysis to your needs.
Decrease time to market with rapid provisioning, and lower up-front costs with a pay-as-you-go model.
Host the application on Oracle Cloud or any public cloud.
Host the application in your own data center.
Oracle’s application suite is a complete, end-to-end solution for enterprise limits and collateral management. It supports the maintenance and management of overall liability for the customer, the recording of collaterals, facility lines, and the tracking of utilization against granted facilities.
Provide a consolidated view of all customer credit data, including a facility and collateral summary, to better manage each corporate customer’s legal entity hierarchy.
Centralize the online tracking of multicurrency limits, and set and track limits for a single funded facility granted to a customer at both the customer group level and customer level.
Monitor, control, and report the bank’s exposure to key stakeholders and regulators in real time.
Offer a solution that can onboard, maintain, and handle the complete lifecycle management of collaterals for effective credit management.
Tushar Chitra, Sunay Mruthyunjay, and Swapnil Joshi, Product Management, Oracle
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