Banking Software - Collateral Management

By: Rockall Tech  05/12/2011
Keywords: banking, Risk Management, banking software

Introduction:

Rockall Technologies Collateral Management solution automates almost 100% of the back office processing activity, from generation of the loan offer letter the entire way through to the funds disbursement, collateral exception management, collateral maintenance and collateral release. The banking software significantly reduces the cost of and time between approval and disbursement and also leads to hugely improved efficiencies and control after  disbursement or credit approval in the management, maintenance and release of security. It also provides for extended loan to value processing and therefore risk management. Poor loan to value ratios, out of margins, invalid collateral concentrations can be tracked. The underlying workflow management of the solution allows for tasks, to do lists, document production and physical document management functionality independent of the collateral type. This is coupled with the strong customer, exposure and collateral relationships features. In addition the collateral management solution provides tools for measuring and controlling workload and analysing staff performance against service level agreements. The customer and portfolio information assists the relationship manager with both managing current exposures and future business. The rules and workflow features of the solution allow for the management of the risk issues this results in lower cost process, providing more accurate information to support the business risk management and ultimately improving customer satisfaction. In addition it addresses the increasingly important issue of compliance driven by:

  • Sarbanes Oxley
  • Basel II
  • General Credit Based Regulations

Product Summary

Rockall Technologies’ Collateral Management solution is designed to run either at a departmental level or at an enterprise level across all banking sectors, i.e. Retail, Wealth and Commercial.  The system also works in  the areas of Trade and Commodities Finance, Capital Markets and Reinsurance.  The Rockall solution can be implemented to the benefit of small, medium and the largest Financial Institution. 

Retail, Commercial and Wholesale Banking

Trade and Commodities Finance

Capital Markets

Keywords: banking, banking software, Commodities Finance, Risk Management,

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Operational Risk Management - Risk Management Software

STOC (Systemic Tracking of Collateral) is a software product platform which automates the management of collateral for consumer, commercial lending and private banking with an emphasis on real estate collateral and securities collateral.