How it Works
Loan Origination and Analysis
Relationship Management and Approvals
Loan Administration and Monitoring
Collateral Administration and Monitoring
Early Warnings
Planck Impacts
Pushing boundaries, delivering results
Increased productivity per underwriter
Reduced risk due to minimal manual intervention
Reduced cost pertaining to loan system ownership
Reduced underwriting time
Improved loan turnaround time
Guardrails and reduced compliance issues due to powerful rules engine
Seamless digital solutions and quick decision making for a superior customer experience
Reduced cost of credit due to timely early warnings and monitoring
Domain rich, agile and off-the-shelf solution
Highlights
Lending process, perfected
Most comprehensive, end-to-end lending solution in the industry.
A scalable, modular, adaptable and configurable solution covering all necessary core lending processes.
Configurable spreading with individual, entity, and collateral analysis coupled with well-defined and simplified loan presentation.
Integration capability with core banking systems, rating agencies, customer relationship management platforms, credit bureaus and document management systems.
Ability to design a tiered facility structure to perform risk aggregation for individual entity level as well as group level, for all types of loans.
Equipped to fulfil regulatory compliance policies with global, state and federal regulations.
Features
Everything related to loan management under one roof
Deal Creation and Designing
Planck allows for completion of application design and processing by offering document checklist, defining product parameters, pricing set up, capturing collateral and assessing financial statements.
Portfolio Monitoring
It gives systemize alerts, predefined triggers and early warnings that help in portfolio monitoring by reducing default risk by taking into account the various counterparty, consumer, industry, macro and regional economic data, trends and forecasts.
Loan Closing and Funding
Planck generates an offer letter at the decisioning stage with complete documentation related to the closing along with credit line set up with funding and future drawdowns.
All-Inclusive Limit Management System
It provides a thorough limit management system that works on a client level and a group level.
Servicing
Planck facilitates servicing of disbursed loans with the capability to review renewals, capture change in pricing, change in collateral, ad hoc requests and enhancements for additional limit requirements.
Collateral Management
It offers easy creation and maintenance of collaterals and guarantees across multiple business lines. It also allows easy addition of new fields in response to changing business or regulatory demands.
Reports Generation with Dashboard
The Planck dashboard generates productivity and operational reports for borrower, product, pricing analytics and ROI, using an in-built analytics module. It also includes Real-time alerts like change in key management,bulk transactions, statutory dues, delinquency and other critical business events.
Credit Memo
Planck facilitates consolidation and communication of details about a loan, collateral, covenant, exposure, spreads and more via credit memo.
Look no further for all your loan management requirements. Planck has you covered.
