CBS SCROOGE: Contract system

This system has the following functionality for provision of services to individuals/legal entities:

• systematization of the whole product range of bank with support of:
  • certain list of controlled parameters for each product;
  • analytics of numeration of all accounts within product;
  • flexible configuration of accounts within product;
  • analytics of numeration of contracts in context of products;
  • flexible configuration of actions applied to contracts of product:
    • calculations based on planned amounts;
    • calculations based on actual amounts;
    • list of operations that imply generation of transactions or change contract parameters;
  • operation constructor that allows to:
    • model and execute a package of documents (transactions) through management of associated accounts of contract/product;
• flexible configuration of editable and uneditable printing forms with support of paid and free office products;
• generation of different types of reports with possibility to use any reports of Microsoft Reporting Services as standard reports of CBS;
• creation of contract on the basis of bank product template:
  • in settings of bank product template one may specify:
    • severe control conditions and schemes of maintenance of contracts based on this template;
    • absense of control and certain scheme of maintenance, in this case each contract has its own scheme,
• maintenance of monocurrency and multicurrency credit lines with and without tranches;
• support of a set of links between contracts (security contract, tranche under general contract, deposit used as a security of credit, insurance contract, factoring and etc.);
• flexible decision-taking system used as a part of document management while change of contract states;
• configuration and printing of texts of contracts, other printing forms including user-defined forms with possibility to use free office products and without installation of office products on client workstations;
• opening of account in automatic, manual-automatic and manual modes on the basis of standard itemization (analytics) and special itemization of bank;
• generation of payment schedule for contracts: in automatic, manual-automatic and manual modes;
• calculation of real and effective interest rate, generation of discount/premium amortization schedule;
• automatic calculation of debt service quality (for contract and customer), risk category, reserve;
• automatic correction of limits;
• interest accrual: actual/actual, actual/360 (365/366) and 30/360 (365/366);
• flexible interest accrual mechanism that supports clearing modes;
• possibility to perform different additional accruals (charges, penalties, discount/premium, fines and etc) and addition of new accrual schemes;
• automatic accounting of past due amounts and partial past due of interest, principal amount, commission with support of automatic opening of accounts;
• and many other capabilities....

This system may be used as a front and back office application or as a back office block.