Key Benefits of CorrCMS
The key benefits of the Loan Management Suite – CorrCMS are:
- It helps to manage, monitor, and control outstanding credit exposures against the provided collateral values in order to determine the risk associated with the facility(s) of that customer.
- It captures the details of different types of collateral and calculates their value using applicable rates, margin/haircut and formulas.
- It captures the details of different types of collateral and calculates their value using applicable rates, margin/haircut and formulas.
- Allows to link collateral with facilities.
- Manages the insurance associated with the collateral.
- Generates margin calls and informs users through various internal and external communication modes.