Loans & Mortgage Management


The KRY$ Loans module provides decision-making support for customers (borrowers) and lending institutions to effectively manage loan portfolio.

The following is a list of some features and functions of the KRY$ loans module:

(refer to Loan Overview for more information | Can't view the document? Download Acrobat Reader)

  • Customer, Account & Address Maintenance
  • Choice between Add-On or Reducing or Amortised calculation methods
  • Fixed rate or Variable rate loan
  • Loan re-payment frequency and due day/date
  • Interest and/or Principal moratorium
  • Moratorium interest: pay at due date or allocate payment over term of loan
  • Generate comparative reducing /effective and add-on rate
  • Generate rate based on specified periodic re-payment and vice-versa
  • Produce Amortisation / Re-payment schedule
  • Automatically or manually apply loan specific fees and charges
  • Report projected Interest and Principal cash-flows
  • Re-payment distribution options:
  • Combination of Interest, Principal or Escrow
  • Hunt for most suitable value date based on payment amount
  • Automatically apply/sweep escrow to loan re-payment
  • Feature to apply periodic or daily rate to interest calculation
  • Automated Cash-Book updates
  • Automated Multi-Currency General Ledger updates with common local currency including bank reconciliation
  • Automatic Activity Audit Trail
  • Payments in Arrears, Principal Due -in Arrears, Principal at Risk - Delinquency, Principal at Risk - Bad-Debt Reports
  • Client Statement of account
  • Hypothecation/ Lien Management
  • Diary and Message Management
  • Collateral (Vault) Tracking
  • Loan Early settlement, Refinancing/re-pricing at market
  • Extensive On-line Query Facilities
  • Trading, counter-party and user limit controls
  • Date Controls - G/L, Transaction Value & Holiday
  • Cheques, Receipts, Certificates, Contract Printing
  • Letters & Document Printing
  • Accruals, Receivables and Payables Reports
  • Loan Portfolio & Cost of Funds Reports
  • Cash, Tax, General Ledger, Trial Balance Reports
  • Customized Detail & Summary Reports
  • Marketing Reports - Labels, Balance Listing & Client Listing Exception Reports - Rate, Maturity Listing, etc
  • User, Menu, File, Record, Field Security
  • On-line Transaction Approval
  • Integrates with Microsoft Word, Excel and other applications
  • Automated End of Day system Maintenance
  • Data Archiving Facility

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