Collateral Creation User Manual
Contents
1. Process Matrix The process matrix given below lists out the different stages condition to move to next stage target stage and remarks for each condition SI N o Source Stage Function ID Outcome Target Stage Remarks 1 Initiation ORDCOINT ORDCOINP PROCEED External Check Required True External Check If the out come of this stage is PROCEED and Exter nal Check Required check box is enabled then the task will be saved and moved to External Check stage PROCEED Field Investiga tion Required True Field Investiga tion If the out come of this stage is PROCEED and Field Investiga tion Required check box is enabled then the task will be saved and moved to Field Investiga tion stage PROCEED Valuation Required True Valuation If the out come of this stage is PROCEED and Valua tion Required check box is enabled then the task will be saved and moved to Valua tion stage ORACLE SI N Source Stage Function ID Outcome Target Stage Remarks REJECT Termina tion If the out come of this stage is REJECT then the pro cess will get terminated PROCEED External Check Required False Field Investiga tion Required False Valuation Required False Review If the out come of the stage is PROCEED and Exter2. 26 ORACLE Advices Click Advices tab in Documents screen to view advice details Documents Application Number e Application Category CAMAPP P 10f1 qmi m F ReportName Template Format Attribute Locale View Report Name The system displays the report name Template The system displays the template View Click View to view the uploaded document Checklist Click Checklist tab in Documents screen to view checklist details Documents Application Number Application Category CAMAPP 1 Of 1 3 Check Listltem Mandatory Verified Comments Checklist Item The system displays the checklist details Mandatory This field is updated based on the maintenances in Documents sub screen Verified Check this box to confirm that the corresponding checklist is verified Comments Specify comments if any ied ORACLE 2 5 8 Maintaining Collateral Preferences Click Collateral Preferences in the Collateral Creation screen to maintain collateral preferences details You can also invoke this screen by typing ORCCOLPF in the field at the top right corner of the application toolbar and click the adjoining arrow button Collateral Preferences Application Number e Liability Number ei Collateral Code Application Category Liability Branch Collateral Branch ommitment Details User Data Elements Details HairCut
3. If the out come of the stage is PROCEED and the task is saved then system triggers DB hand off to ELCM ORACLE SI N Source Stage Function ID Outcome Target Stage Remarks PROCEED CAM PROCESS REF is NOT NULL COM PLETED If the out come of the stage is PROCEED and the task is saved then the col lateral pro cess will be completed and the response is received by CAM pro cess Collat erals will be handed off from CAM Process 11 Handoff to ELCM System Successful hand off completion COM PLETED Successful completion of Collateral creation pro cess Exceptions like unavailability of ELCM services or error while handing off to ELCM Handoff Retry In case of any excep tions like unavailabil ity of ELCM services error while handing off to FCUBS the task will be moved to Manual retry stage 12 Handoff Retry ORDCOMRT PROCEED Retry Again True Handoff to ELCM System The system invokes DB adapter calls to handoff collateral details to ELCM PROCEED Retry Again False COM PLETED ORACLE 2 5 To acquire the next stage you need to go to the Task menu and select Assigned under Standard option ORACLE Branch 000 Date 20150616 Session Time 00 00 39 Help Logged User Shobene Sign Of E Search gt Acquired x Assigned
4. e High e Low e Medium M ORACLE 2 5 1 User Reference No Specify the user reference number Application Status The system defaults the application status based on the current stage of the process Collateral Details Tab Liability No Select the liability number from the adjoining option list Customer No Select he customer number from the adjoining option list Customer Name The system displays the name of the customer Collateral Code Specify the code of the collateral Collateral Description Give a brief description on the collateral CAM Process Reference No The system displays the CAM process reference number which triggered collateral creation CAM Click CAM to view CAM process flow details Collateral Branch Select the branch where collateral is created from the adjoining option list Collateral CCY Select the currency of the collateral from the adjoining option list Collateral Amount Specify the collateral amount Collateral Category Select the collateral category under which the collateral should be created You can select the appropriate category from the adjoining option list Collateral Type Select the type of collateral from the adjoining drop down list The options available are e Property e Vehicle e Marketable Securities e Plant and Machinery e Term Deposit e Precious Metal e Guarantee e Miscellaneous e Policy s ORACLE Based on the collateral type selected in the Collate
5. The system will create a task Risk Evaluation in the Assigned task list ae ORACLE Step 5 Reviewing Field Investigation External Check and Valuation Details At this stage the user reviews the field investigation valuation and external check details of the collateral and decides if the collateral can be accepted Select the action PROCEED in the textbox adjoining the Audit button in this screen and save the record by clicking the save icon in the tool bar Go to the pending list in the system The system displays all the pending activities Click Acquire button adjoining the Input Details task to acquire it The system displays the information message as The task was successfully Acquired During Credit Review stage system will check for collateral creation process flow completion and displays necessary message to the reviewer If Override Collateral Task Completion flag in Credit Appraisal Enrichment stage is checked this validation will be skipped by the system and limit origination process flow can proceed to next task The function ID of the collateral creation review stage is ORDCOREV Collateral Creation Review Save lt M Hold Application Number ie Liability No az User Ref No Application Branch Customer No az Application Priority High Application Category Customer Name P Application Status Review Application Date OEGE ETE Property Vehicle Machin
6. nal Check Required Field Inves tigation Required and Valua tion Required check box is disabled then the sys tem will move the saved task to Review stage External Check ORDCOEXC PROCEED Field Investiga tion Required True Field Investiga tion If the out come of this stage is PROCEED and Field Investiga tion Required check box is enabled then the task will be saved and moved to Field Investiga tion stage ORACLE SKAL Saure Function ID Outcome Target o Stage Stage Remarks PROCEED Valuation If the out come of this stage is PROCEED and Valua tion Required check box is enabled then the task will be saved and moved to Valua tion stage Valuation Required True ADDITIONAL Initiation If the out INFO come of this stage is ADDI TIONAL INFO then the task will be saved and moved to Initiation stage PROCEED Review If the out come of the stage is PROCEED and Field Valuation Investiga Required False tion Required and Valua tion Required check box are disabled then the sys tem will move the task to Review stage Field Investiga tion Required False zn ORACLE SI N Source Stage Function ID Outcome Target Stage Remarks Field Investiga tion ORDCOFIG PROCEED Valuation Requ
7. sen 2 28 2 6 Capturing Collateral Details through ELCM and CAM Process 2 40 3 Function ID Glossary iioi ooi eir hec rie hara e EEEEEEEEE 3 1 1 1 1 2 1 3 1 4 1 Preface Introduction This manual is designed to help you create a collateral maintain and evaluate the collateral details in Oracle FLEXCUBE It also assists you in handling all the necessary activities in the life cycle of a collateral once it is created This includes the collateral creation initiation internal and external check risk valuation approval customer agreement and so on Audience This manual is intended for the following Users User Roles Role Function Back office data entry clerk Input functions for funds Back office managers Authorization functions officers Product Managers Product definition and authorization End of day operators Processing during end of day beginning of day Documentation Accessibility For information about Oracle s commitment to accessibility visit the Oracle Accessibility Program website at http www oracle com pls topic lookup ctx acc amp id docacc Acronyms and Abbreviations The following are some of the acronyms and abbreviations you are likely to find in the manual ELCM Enterprise Limits and Collateral Management FCUBS Oracle FLEXCUBE Universal Banking Solution UI User Interface BPEL Business Process Execution Language BPMN
8. to the customer for their signature If the customer accepts the agreement then you can move the task to next stage ORDCOCAG Collateral Creation Customer Agreement Liability No a Customer No aZ Customer Name e H save Hoia Collateral Details Property Vehicle Machinery Securities Policy Guarantee Precious Metal TD Miscellaneous Remarks User Ref No Application Priority High Application Status Customer Agreement f Application Number Application Branch Application Category Application Date Collateral Code Limit Contribution CAM Ref No e Collateral Description Lendable Margin FEnaring Required Collateral Branch Start Date E ERuto Pool Creation Collateral Currency End date E External Check Collateral Value Revision Date E Divatuation Category Name az Revaluation Date 71 Field investigation Collateraltype H Last Revaluation Date ay Grace Days Valuation Source M Hair Cut az Valuation Amount ColatralziPCode O 1 Seniority Of Claims Charge Type Documents Collateral Investigation Details Collateral Preferences Prev Remarks Remarks Audit Outcome 2 98 ORACLE Step 10 Collateral Perfection You can register the collateral details either internally or through an external agency On acquiring the task wil
9. ACLE 2 5 2 Auto Pool Creation Check this box if auto pool creation is required Lendable Margin Specify the lendable margin Property and Vehicle Tab Click Property Vehicle tab to provide details on property and vehicle Collateral Creation Initiation H save 47 Hold Application Number Application Branch 000 Application Category Application Date 08 JUL 2015 Liability No Customer No Customer Name User Ref No Application Priority High Application Status Initiate Collateral Details ist PA Susa Machinery Securities Policy Guarantee Precious Metal TD Miscellaneous Remarks Property Details Property Type Country z Kei Zone Classification Haircut Last Valuation Date Property Address Construction Date Purchase Date Basis of Property Value Market Value Govt value Market value Valuation Source Valuation Amount Offer Lenders charge Property Index Value amount ehicle Details Vehicle Type Lo H Regn No Resale Value New Used Chasis No Make Engine No Model Owner Year E Regn Authority Valuation Date Valuation Amount Invoice value Documents Collateral Preferences Prev Remarks Remarks Outcome jm Property Type Select the type of property from the adjoining option list Country Select the country of the location of collateral from the adjoining option list P
10. Business Process Model and Notation TD Term Deposit CAM Credit Appraisal Management RM Relationship Manager t1 ORACLE 1 5 1 6 1 7 Organization This manual is organized as follows Preface gives information on the intended audience It also lists the various Chapter 1 chapters covered in this User Manual Collateral Creation describes about the available options and stages Chapter 2 involved in collateral creation Chapter 3 Function ID Glossary has alphabetical listing of Function Screen ID s used in the module with page references for quick navigation Related Documents The Procedures User Manual The Enterprise Limits and Collateral Management User Manual The Credit Appraisal Management User Manual The Products User Manual Glossary of Icons This User Manual may refer to all or some of the following icons Icons Function Ed Exit Add row Delete row EE Option List 12 ORACLE 2 Collateral Creation 2 1 Introduction Oracle FLEXCUBE facilitates collateral creation from different sources This manual assist you through the available options stages involved in the collateral creation workflow In the first section the chapter briefs on the stages involved The next section talks about the steps involved in detail 2 2 Stages in Collateral Creation The process of creating a collateral involves the followin
11. Commitment Branch 10tf1 10f 1 Commitment Product Commitment Settlement Account Setllement Branch Commitment Reference Number Effective Date User Defined Elementid x UDE F Effective Date Haircut x Insurance Details 10f1 3 HE Insurance Number Insurance Name x Insurance Owner Instrument Type Start Date End Date Revision Date IM gi ie s P Customer bal el E 4 ovenant Details 10f1 HEHE Covenant Name x Covenant Description Revision Date Mandatory Grace Days Notice Days Frequency DueDateon iv y The system displays the following in the Collateral Preference screen e Application Number e Application Category e Liability Number e Liability Branch e Collateral Branch e Collateral Code Commitment Details Commitment Reference Number Specify the commitment reference number Haircut Effective Date Specify the date on which the Haircut will become effective from the adjoining option list Haircut Specify the Hair cut of the Collateral You can enter values between 1 to 100 i ORACLE Insurance Details Insurance Number Specify the insurance number under which that insurance has been issued Insurance Name Specify the name of the Insurance Insurance Company associated with the collateral The option list displays all valid insurance company
12. LE Security Description Rang Interest Issuer Name Maturity Date E2 Bond Duration Issuer Reference No Name ofthe Fund Security Price a Name ofthe scheme Documents Collateral Preferences Prev Remarks Remarks Audit Outcome fw Plant and Machinery Machine Details Specify the machine number of the collateral The system displays an error message if any duplicates exists for this machine number Manufacturer Specify the manufacturer details Manufactured Year Specify the year of manufacturing Purchased Year Specify the year of purchase Machine Value Basis Select the basis of machine value from the adjoining drop down list The options available are e Assessed Value e Written Down Value e Invoice Value azg ORACLE Invoice Value Specify the invoice value of the machinery Written Down Value Specify the written down value of the machinery after depreciation Assessed Value Specify the assessed value of the machinery Machinery Location Specify the location of the machinery Replacement Value Specify the replacement value of the machinery Third Party Charge Amount Specify the charge amount of other lenders if any Machinery Condition Specify the condition of the machinery Intended Use Specify the intended usage of the machinery Marketable Securities Security Type Select the type of marketable security from the adjoining option list Secur
13. Liability by specifying the Contract Reference No here The adjoining list of options in this field displays all contract types other than Contract Type AC Note The Term Deposit contract needed for Collateral Linkage must be maintained in Netting Maintenance with any contract type other than AC Once the contract is linked as collateral then its collateral value cannot exceed its contract amount as maintained in the Account Netting screen The start date of the collateral should be later than the value date of the respective contract netting maintenance Likewise the expiry date of the collateral should be earlier than the expiry date of the respective contract netting maintenance d ORACLE The system blocks marks Lien on the linked Term Deposit contract Contract Branch Specify the branch of the contract Contract Contribution Specify here the amount being contributed from the contract as a collateral for the liability On saving the above maintenance the system computes the sum of all the collateral values specified under Contract Contribution and updates the same after final hand off to the ELCM in the Collateral Value field of the Collaterals Maintenance screen Step 2 External Check At this stage you can check if there is an existing charge on the collateral submitted by the customer These details are captured in the External Check section The function ID of this sta
14. M services error while handing off to FCUBS occurs then you can manually try the process again 2 99 ORACLE 2 6 Capturing Collateral Details through ELCM and CAM Process You can capture the collateral details in Collateral Maintenance GEDCOLLT screen of ELCM The details captured in this screen gets displayed Collateral Creation screen For more information on Collateral Maintenance screen refer section Collateral Maintenance in Enterprise Limits and Collateral Management user manual For each new collateral the CAM process initiates one collateral creation process After successfully creating the collateral all the collateral data gets saved in ELCM table which can be queried from Collateral Maintenance GEDCOLLT screen of ELCM For more information on CAM process flow refer Credit Appraisal Management user manual 240 ORACLE 3 Function ID Glossary o ORDCOINP Musse 2 13 ORCCOLPF Museer 2 28 ORDCOLGO Msn 2 35 ORDCOAPR see 2 38 ORDCOPER 2 13 2 39 ORDCOCAG Musse 2 38 ORDCOREV s 2 35 ORDCOEXC sse 2 32 ORDCORSK 2 36 ORDCOFIG ossessi 2 33 ORDCOTEM scenerne 2 13 DRDODVAL successer 2 34 l ORACLE
15. ORACLE Collateral Creation User Guide Oracle FLEXCUBE Enterprise Limits and Collateral Management Release 12 1 Part No E59502 01 December 2014 Collateral Creation User Guide December 2014 Oracle Financial Services Software Limited Oracle Park Off Western Express Highway Goregaon East Mumbai Maharashtra 400 063 India Worldwide Inquiries Phone 91 22 6718 3000 Fax 91 22 6718 3001 www oracle com financialservices Copyright 2007 2014 Oracle and or its affiliates All rights reserved Oracle and Java are registered trademarks of Oracle and or its affiliates Other names may be trademarks of their respective owners U S GOVERNMENT END USERS Oracle programs including any operating system integrated software any programs installed on the hardware and or documentation delivered to U S Government end users are commercial computer software pursuant to the applicable Federal Acquisition Regulation and agency specific supplemental regulations As such use duplication disclosure modification and adaptation of the programs including any operating system integrated software any programs installed on the hardware and or documentation shall be subject to license terms and license restrictions applicable to the programs No other rights are granted to the U S Government This software or hardware is developed for general use in a variety of information management applications It is not developed or inten
16. Remarks ADDITIONAL INFO External Check Required False Field Investiga tion Required False Valuation Required False Initiation If the out come of the stage is ADDI TIONAL INFO and External Check Required Field Inves tigation Required and Valua tion Required check box are disabled then the sys tem will move the task to Initi ation stage ADDITIONAL INFO External Check Required True External Check If the out come of the stage is ADDI TIONAL INFO and External Check Required check box is enabled then the sys tem will move the task to External Check ser vice call ORACLE SIN Source Function ID Outcome Target o Stage Stage Remarks ADDITIONAL Field If the out INFO Investiga come of the tion stage is ADDI TIONAL INFO and Field Inves tigation Required check box is enabled then the sys tem will move the task to Field Investiga tion service call Field Investiga tion Required True ADDITIONAL Valuation If the out INFO come of the stage is ADDI TIONAL INFO and Valuation Required check box is enabled then the sys tem will move the task to Valu ation Required service call Valuation Required True 6 Legal ORDCOLGO PROCEED Risk Eval If the out Opinion uation come of the stage is PROCEED then the task is saved an
17. ated to collateral TD Miscellaneous Tab Click TD Miscellaneous tab to provide details on term deposit and other miscellaneous details Collateral Creation Initiation El save Hold Application Number o Liability No a User Ref No Application Branch 000 Customer No ize Application Priority High Application Category az Customer Name e Application Status Initiate E Application Date 05 OCT 2015 Collateral Details Property Vehicle Machinery Securities Policy Guarantee Precious Metal SIE TTE ENTE Term Deposit amp Transaction Account Account Type TD Account Balance Maturity Date E AccountNo sds Contribution Line Amount Miscellaneous Collateral Description Sd Remarks Collateral Notes3 Units ia Collateral Notes1 Collateral Notes4 Collateral Notes2 Collateral Notes5 Documents Collateral Preferences Prev Remarks Remarks Audit Outcome i Term Deposit and Transaction Account Account Type Select the type of account from the adjoining option list Account No Select the transaction account number from the adjoining option list Account Balance The system displays the account balance Contribution Specify the percentage of account balance that needs to be used as collateral Maturity Date Enter the maturity date of the TD ees ORACLE Lien Amount The system displays the lien amount if any Miscellaneous Colla
18. cify the remarks by the field investigation agent 238 ORACLE Credit Remarks Specify the remarks by credit team Step 4 Valuation Go to your Assigned task list and acquire the task by clicking the corresponding the Acquire button The task will then be moved to the Acquired task list The collateral is evaluated either internally or by an external valuation agency The valuation details are captured during the Valuation stage ORDCOVAL E Collateral Creation Valuation D Collateral investigation Details Application Number Application Branch Liability Number Liab Branch Collateral Code Collateral Branch ACAENA SEES External Check Risk Evaluation Legal Opinion Field Investigation Details Agency Code Date of FI Agency Name FI Agent Remarks Result Credit Remarks aluation Details Agency Code Valuation Date Agency Name Valuer Remarks Valuation Amount Credit Remarks Valuation Details Agency Code Specify the valuation agency code Agency Name The system displays the valuation agency name Valuation Amount Specify the valuation amount Valuation Date Enter the date of valuation Valuer Remarks Specify the remarks by valuation agent Credit Remarks Specify the remarks by credit team Once the valuation details are captured select the action PROCEED in the text box adjoining the Audit button in this screen and save the record by clicking the save icon in the tool bar
19. d moved to Risk Evalu ation stage 29 ORACLE SI N Source Stage Function ID Outcome Target Stage Remarks ADDITIONAL INFO Review If the out come of the stage is ADDI TIONAL INFO then the task is saved and moved to Review stage Risk Eval uation ORDCORSK PROCEED Approval If the out come of the stage is PROCEED then the task is saved and moved to Approval stage ADDITIONAL INFO Review If the out come of the stage is ADDI TIONAL INFO then the task is saved and moved to Review stage Approval ORDCOAPR APPROVE Customer Agree ment If the out come of the stage is APPROVE then the task is saved and moved to Customer Agreement stage ORACLE SI N Source Stage Function ID Outcome Target Stage Remarks ADDITIONAL INFO Review If the out come of the stage is ADDI TIONAL INFO then the task is saved and moved to Review stage Customer Agree ment ORDCOCAG PROCEED Collateral Perfection If the out come of the stage is PROCEED after the customer agreement is signed and received by the bank then the task is saved and moved to Collateral Perfection stage 10 Collateral Perfection ORDCOPER PROCEED CAM_PROCESS _REF is NULL Handoff to ELCM Module
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21. ee Guarantee Type Select the type of guarantee from the adjoining option list Guarantee Amount Specify the guarantee amount Guarantor CIF No Select the guarantor CIF number from the adjoining option list Guarantor Name Specify the name of the guarantor The system displays the name of the guarantor if the guarantor CIF number is entered Guarantor Address Specify the address of the guarantor Agreement Date Specify the guarantee agreement date Continuing Guarantee Check this box if it is a continuing guarantee Guarantor s Own Exposure The system displays the total exposure of the guarantor Total Guarantee Amount The system displays the combined guarantee amount of guarantor Revokeable Check this box to revoke or withdraw the guarantee provided Revoke Date Indicate the date when the Guarantor will revoke the guarantee This field is enabled only when the Revoke check box is selected Rating You can assign a credit rating to each Guarantor Here specify the rating assigned to the Guarantor Precious Metal Precious Metal Type Specify the type of precious metal from the adjoining option list dde ORACLE 2 5 5 Weight in Gms Specify the weight of the precious metal in grams Valuation Amount Specify the valuation amount Unit Rate Specify the unit rate of the precious metal Precious Metal Form Select the form of the metal from the adjoining option list Notes Specify the notes rel
22. engine number of the vehicle Owner Specify the owner details of the vehicle Regn Authority Specify the registration authority of the vehicle Resale Value Specify the resale value of the vehicle 2 18 ORACLE 2 5 3 Valuation Date Specify the valuation date of the vehicle This is applicable for used cars only Valuation Amount Specify the valuation amount of the vehicle This is applicable for used cars only Invoice Value Specify the invoice value of the vehicle Machinery and Marketable Securities Tab Click Machinery Securities tab to provide details on machinery and marketable securities Collateral Creation Initiation H Save fi Hold Application Number ie Liability No az User Ref No Application Branch 000 Customer No az Application Priority High Application Category Ja Customer Name i2 Application Status Initiate Application Date 05 OCT 2015 Collateral Details Property Vehicle 3 Elsg E ESCSSTniCCE Policy Guarantee Precious Metal TD Miscellaneous Remarks Plant and Machinery Machine Details Machine value basis Assessed Value Replacementvalue Manufacturer Invoice value Third Party Charge Manufactured Year Written Down Value Machinery condition Purchased year Assessed Value Intended use Machinery Location 1 fel Marketable Securities Security Type Unit Value Jectronic Mode Security Code No of Units Interest Payout
23. ery Securities Policy Guarantee Precious Metal TD Miscellaneous Remarks Seniority Of Claims Charge Type e Collateral code C Collateral Code Limit Contribution CAM Ref No em Collateral Description iz Lendable Margin sharing Required Collateral Branch a Start Date E Chuto Pool Creation Collateral Currency a End date E CExternat Check Collateral Value Revision Date E2 CVatuation Category Name Fl Revaluation Date E ZFieia Investigation Collateral Tpe H Last Revaluation Date Grace Days Valuation Source a Hair Cut les Valuation Amount Documents Collateral Investigation Details Collateral Preferences Prev Remarks Remarks Audit Outcome ao Step 6 Legal Opinion on the Collateral You can go to your Assigned task list and acquire the task by clicking the corresponding Acquire button Go to the Acquired task list and double click on the record to invoke Legal Opinion ORDCOLGO screen 295 ORACLE Legal Option Click Legal Opinion tab in Collateral Investigation Details screen The following screen is displayed Collateral Creation Legal Opinion E Collateral investigation Details Application Number Application Branch Liability Number Liab Branch Collateral Code Collateral Branch Field Investigation Valuation Details External Check Risk Evaluation FR K nIe Legal Opinion Legal Opinio
24. g stages Initiation The user initiates collateral creation process and captures all the collateral details External Check At this stage you can check if there is an existing charge on the collateral submitted by the customer The results of external check are maintained in External Check sub screen of the Collateral Investigation screen Field Investigation You can investigate on the collateral to prevent any fraud and misrepresentation of facts by the customer These details can be captured in Collateral investigation sub screen Valuation The user initiates valuation of the collateral and updates the results in Valuation Details screen Review At this stage all the investigation done on the collateral are reviewed to decide if the same can be accepted Legal Opinion The legal opinion on the collateral are sought and updated in legal opinion screen Risk Evaluation The risk management team evaluates whether the credit risk is mitigated by the proposed oollateral Approval The approval authority approves or rejects the collateral creation Customer Agreement Once approved collateral agreement is generated by the System and sent to customer for signature Collateral Perfection The bank registers the collateral with relevant registration authorities Collateral Creation Hand off to ELCM Module Once the collateral perfection stage is successfully completed the collateral record details will be passed on to ELCM
25. ge the created collateral will be approved or rejected by the approval authority based on the legal opinion risk evaluation and own assessment The approver can approve disapprove or send back the task for more clarifications ORDCOAPR E Collateral Creation Approval H save ij Hold Application Number Application Branch Application Category Application Date Liability No Customer No Customer Name User Ref No Application Priority Application Status Approval eIEICUPICUESP Property Vehicle Machinery Securities Policy Guarantee Precious Metal TD Miscellaneous Remarks Collateral Code Collateral Description Collateral Branch Collateral Currency Collateral Value Category Name Collateral Type Grace Days Hair Cut Seniority Of Claims Charge Type Limit Contribution Lendable Margin Start Date E End date E2 Revision Date amp Revaluation Date zi Last Revaluation Date zi Valuation Source 1 Valuation Amount ColtateralziP Code ___ rl High tem sharing Required Dhuto Pool Creation external Check CVatuation ZFieia Investigation Documents CollateralInvestigation Details Collateral Preferences Prev Remarks Remarks Audit Outcome iel Step 9 Customer Agreement Once the proposed collateral is approved the system generates a collateral agreement which is sent
26. ge is ORDCOEXC Go to the Assigned task list and acquire the task by clicking the corresponding the Acquire button The task will be moved to the Acquired task list External Check Risk Valuation You can capture the external check details during External Check stage Click External Check Risk Valuation tab in Collateral Investigation Details screen The following screen is displayed Collateral Creation External Check E Collateral Investigation Details Application Number Application Branch Liability Number Liab Branch Collateral Code Collateral Branch Field Investigation Valuation Details SAGUEK AA ELA SEEE Legal Opinion External Check Registration Authority Result 73 Registration Authority Contact Date of check Ea Details CreaitRemarks J Risk Evaluation Geo Political Risk Recommendation Currency Risk Credit Remarks Liquidity Risk Eligible for Central Bank Issuer Credit Risk Funding ICCP Eligible Operational Risk External Check Registration Authority Specify the registration authority details Registration Authority Contact Details Specify the registration authority contract details Result Specify the result of the external check 2 92 ORACLE Date of Check Specify the date when the external check was started Credit Remarks Specify credit remarks if any Step 3 Field Investigation The information captured in the p
27. h Application Category az Customer Name Application Status Initiate I Application Date 05 OCT 2015 Collateral Details Property Vehicle Machinery Securities HUSET ETERNI CC CENG EE TD Miscellaneous Remarks Life Insurance and Policy Policy No a Premium Amount Insurer details 7 Insurance Amount Assignment Date E Renewal Frequency az m Policy Start Date E Insurer Address Next Renewal Date el Guarantee Details Guarantee Type z Agreement Date E ERevokeabie Guarantee Amount EXcontinuing Guarantee Revoke Date E Guarantor CIF No Guarantors own exposure Rating a Guarantor Name Total Guarantee Amount Guarantor Address Precious Metal TET FEE lai U a k Documents Collateral Preferences Prev Remarks Remarks Audit Outcome mo Life Insurance Policy Policy No Specify the life insurance policy number Insurance Amount Specify the sum assured amount Policy Start Date Enter the start date of the policy Premium Amount Specify the premium amount Assignment Date Enter the date of assigning the policy to he bank 221 ORACLE Insurer Address Specify the address of the insurance company Insurer Details Specify the details of insurance like the nature of the policy term of the policy etc Renewal Frequency Select the renewal frequency of the policy from the adjoining option list Next Renewal Date Enter the next renewal date Guarant
28. ired True Valuation If the out come of this stage is PROCEED and Valua tion Required checkbox is enabled then the task will be saved and moved to Valua tion stage ADDITIONAL INFO Initiation If the out come of this stage is ADDI TIONAL INFO then the task will be saved and moved to Initiation stage PROCEED Valuation Required False Review If the out come of this stage is PROCEED and Valua tion Required check box is disabled then the task will be saved and moved to Review stage Valuation ORDCOVAL PROCEED Review If the out come of this stage is PROCEED then the task will be saved and moved to Review stage ORACLE SI N Source Stage Function ID Outcome Target Stage Remarks ADDITIONAL INFO Initiation If the out come of this stage is ADDI TIONAL INFO then the task will be saved and moved to Initiation stage Review ORDCOREV PROCEED Legal Opinion If the out come of this stage is PROCEED then the task will be moved to Legal Opin ion stage once all the mandatory fields are specified in the screen REJECT Terminate If the out come of this stage is REJECT then the pro cess will get terminated ORACLE SI N Source Stage Function ID Outcome Target Stage
29. ity Code Select the security code from the adjoining option list Description The system displays security code description Issuer Name The system displays the issuer name from Issuer Maintenance GEDISSUR screen Issuer Ref No The system defaults the issuer reference number from Securities GEDSECTY screen Unit Value The system displays the face value captured in Securities screen as unit value No of Units Enter the number of units submitted by the customer Rating Specify the rating of the securities Maturity Date The system displays the expiry date captured in Securities screen as maturity date Name of the Fund Specify the name of the mutual fund Name of the Scheme Specify the scheme name of the mutual fund 220 ORACLE Electronic Mode Check this box if securities are in electronic mode Interest Payout Select he interest payment frequency from the adjoining option list Interest Specify the interest percentage on bonds Bond Duration Specify the duration of the bonds Security Price Specify the market value of the security 2 5 4 Policy Guarantee Precious Metal Tab Click Policy Guarantee Precious Metal tab to provide details on LIC policy guarantee and precious metal Collateral Creation Initiation H save 4 Hold Application Number 22 Liability No a User Ref No Application Branch 000 Customer No a Application Priority Hig
30. l move to the Acquired list Fetch the record from the Acquired list In this stage you can capture the collateral registration details ORDCOPER Collateral Creation Collateral Perfection E Collateral investigation Details Application Number Application Branch Liability Number Liab Branch Collateral Code Collateral Branch Field Investigation Valuation Details External Check Risk Evaluation 32ETSETReTVIITeg Legal Opinion Legal Opinion External Opinion Legal Adviser Details External Adviser Details Date of Advice Credit Remarks Final Recommendation ollateral Perfection Registration Authority Confirmation Date Regn Authority Contact Documents status Details 7 Notes Perfection Date j Collateral Perfection Registration Authority Specify the registration authority with which collateral is perfected Regn Authority Contact Details Specify the contact details of registration authority Perfection Date Specify the date on which bank s charge has been registered Confirmation Date Specify the date on which you received confirmation of perfection Documents Status Specify if the perfection documents are received from registration authority Notes Specify notes if any Step 11 Manual Retry After successfully completing the collateral perfection stage the details can be handed off to ELCM module for collateral creation At this stage if any exceptions like unavailability of ELC
31. llateral Value Limit Contribution Lendable Margin Start Date End date Revision Date CAM Ref No e EJsnaring Required Chute Pool Creation external Check valuation Category Name Revaluation Date Field Investigation Collateral Type Last Revaluation Date Grace Days Valuation Source eens Hair Cut p Valuation Amount Seniority Of Claims ColterazIPCode Charge Type Documents Collateral Preferences Prev Remarks Remarks Audit Outcome iel Specify the following in this screen Application Number The system displays the application reference number on initiating a process This number is unique throughout the process Application Branch The system displays the branch where application is captured Application Date The system defaults the application initiation date Application Category Select the application category from the adjoining option list The category is used for populating the documents advices and checklist mapped in Document sub screen Channel Select the channel which initiated the application from the adjoining option list Channel Reference No Specify the channel reference number External Source Specify the external source Source Reference No Specify the reference number of the external source Application Priority Select application priority from the adjoining drop down list The options available are
32. module for collateral creation This stage is automated Handoff Retry Stage If any failure occurs during the handoff the system will move the task to handoff retry stage for manual completion to create the Collateral in ELCM 2 3 Process Flow Diagram The process flow diagram given below illustrates the activities carried out during various stages of a collateral creation e ORACLE request received explicitly from customer to book a new Collateral Request received from CAM process to book a collateral sub process task ADDITIONAL INFO ba ed on outcome task will be routed to ixtemal check Field investigation Valuation stages ADDITIONAL INFO No Extemal check Field investigation Valuation Option system for external verification service call to extemal Option service call to extemal system for Field investigation Review cus REJECT Legal Opinion PROCEED Option service call to extemal system for Valuation ADDITIONAL INFO ADDITIONAL INFO ADDITIONAL INFO Risk Evaluation T PROCEED Y Approval T APPROVE Customer Agreement PROCEED Collateral Perfection T PROCEED ves No hand off to ELCM It will be handled through the CAM process Hand off to Core d ADDITIONAL INFO On Hand off failure juccessful completion ORACLE 2 4
33. n External Opinion Legal Adviser Details External Adviser Details Date of Advice E Credit Remarks Final Recommendation ollateral Perfection Registration Authority Confirmation Date Regn Authority Contact Documents status Details Notes Perfection Date Legal Opinion Legal Opinion Specify the legal opinion on the acceptability of the proposed collateral Legal Adviser Details Specify the legal adviser details Date of Advice Specify the date when the advice was received from legal team External Opinion Specify the external legal opinion External Adviser Details Specify the external legal adviser details Credit Remarks Specify remarks of the credit team if any Final Recommendation Specify the final opinion based on the internal and external legal opinion Step 7 Risk Evaluation of the Collateral At this stage the risk management team evaluates the credit risk of the proposed collateral You can capture the risk evaluation details during this stage ORDCORSK You can acquire this task by clicking Assigned in the task list and click the adjoining Acquire button 2 98 ORACLE Collateral Creation Risk Evaluation L Collateral investigation Details Liability Number Liab Branch Collateral Code Collateral Branch Field Investigation Valuation Details SGU KTS SEIS AI ru Legal Opinion External Check Registration Authority Result Registration Authority Contac
34. n from Collateral Creation screen to invoke this screen Documents Application Number Application Category HEE Document Category x Document Reference Document Type x Mandatory Ratio Upload Upload View Edit IE Application Number The system displays the application number Application Category The system displays the application category Documents Document Category Select the document category from the adjoining option list 225 ORACLE Document Reference Specify the document reference number Document Type Select the type of document The adjoining option list displays all the document types maintained in the system Select the appropriate one Mandatory Check this box to indicate whether the document is mandatory Remarks Specify remarks if any Ratio Upload Check this box if you require ratio upload Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displayed below a eid Upload Document Path Browse In the Document Upload sub screen specify the corresponding document path and click the Submit button Once the document is uploaded through the upload button the system displays the document reference number View Click View to view the document uploaded Edit Click Edit to edit the uploaded documents
35. names maintained in the system Select the appropriate one Insurance Owner Select the owner of the insurance policy from the adjoining drop down list This list displays the following values e Bank e Customer Instrument Type Specify the type of the insurance that is associated with that collateral The option list displays all valid insurance types maintained in the system Select the appropriate one Start Date Specify the start date for that insurance End Date Specify the end date for that insurance Revision Date Specify the date of revision of the insurance Notice Days On choosing a covenant name system defaults the Notice Days details i e the number of days prior to next revision date of the covenant You can modify this value The period during the notice days will be the notice period Periodicity Select the premium periodicity of the insurance The list displays the following values e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly Premium Status Specify the insurance premium payment status You can select one of the following premium payment statuses from the drop down list e Paid e Unpaid Premium End Date Specify the end date of the premium payment Insurance Currency Specify the insurance currency of the policy 229 ORACLE Insurance Amount Specify the insured amount of the policy Cover Date Specify the date from which the insurance policy is valid The insurance co
36. od during the notice days will be the notice period 2 90 ORACLE Frequency You may change the frequency shown here on choosing a covenant name Due Date On Due date of the specified covenant is defaulted here based on the details maintained at Covenant Maintenance level Start Month Starting month of the specified covenant is defaulted here based on the details maintained at Covenant Maintenance level Remarks Remarks if any specified for the covenant at the Covenant Maintenance level are defaulted here Source Restrictions Restriction Type Choose the Allowed option to maintain an allowed list of liability restrictions Choose the Disallowed option to maintain a disallowed list of liability restrictions Default value of this field will be Disallowed If you select restriction type as allowed then you need to input at least one record Source Code Specify the source from the adjoining option list Source Description Give a brief description on the source Sharing Details Liability Number Specify the liability number of the liability that is sharing the collateral Each liability mapped here cannot be more than 100 of the total collateral value Shared Percentage Specify the percentage share of the liability in the collateral Contract Details Contract Reference You can link the Term Deposit Account Number or Contract Reference Number as collateral for a
37. ral Details tab system forces the user to complete corresponding tabs Start Date Specify the start date from when the collateral is submitted End Date Specify the collateral expiry date Revision Date Specify the collateral revision date Revaluation Date Specify the collateral revaluation date Grace Days Specify the grace days Last Valuation Date Specify the last valuation date Valuation Source Select the source of valuation Valuation Amount Specify the valuation amount Collateral ZIP Code Specify the pin code of the collateral location External Check Required External Check Required is checked by default However you can disable this check box if you want to skip the external check Valuation Required Valuation Required is checked by default However you can disable this check box if you want to skip the valuation of the collaterals FI Required Fl Required is checked by default However you can disable this check box if you want to skip the field investigation Charge Type Select the collateral charge type Haircut Select the haircut percentage from the adjoining option list Seniority of Claims Specify the seniority of bank s claim on the property Limit Contribution Specify the limit contribution amount Sharing Required If this box is checked the collateral can be shared by the liabilities given in the Sharing details section in Collateral Preference sub screen 16 OR
38. revious stage is enriched in the collateral investigation stage The proposal will be enriched by capturing additional information like field investigation agency code result field investigation agent remarks credit remarks etc At this stage you can interface with a third party field investigation agency system and trigger field investigation request electronically or can capture the field investigation details internally in this screen You can maintain details on collateral investigation in the Collateral Investigation Details screen during the Field Investigation stage ORDCOFIG Click Collateral Investigation Details in Collateral Creation screen to invoke this screen Collateral Creation Field Investigation E Collateral Investigation Details Application Number Application Branch Liability Number Liab Branch Collateral Code Collateral Branch ELVE TRETTENDE ENE External Check Risk Evaluation Legal Opinion Field Investigation Details Agency Code Date of Fl Agency Name FI Agent Remarks Result Credit Remarks faluation Details Agency Code Valuation Date Agency Name Valuer Remarks Valuation Amount Credit Remarks Field Investigation Details Agency Code The system defaults the agency code Agency Name The system displays the field investigation agency name Result Specify the result of the field investigation Date of Fl Enter the date of field investigation FI Agent Remarks Spe
39. roperty Address Specify the property address Construction Date Specify the property construction date Purchase Date Specify the property purchase date Zone Classification Select the zone of the property from the adjoining option list Basis of Property Value Select the basis of property value from the adjoining drop down list The options available are e Market Value e Property Index Value e Govt Value aly ORACLE Market Value Specify the market value of the property Govt Value Specify the government value of the property Property Index Value Specify the index value of the property Haircut Select the haircut percentage from the adjoining option list Last Valuation Date Specify the last valuation date from the customer submitted valuation report Valuation Source Specify the source of valuation from the valuation report Valuation Amount Specify the valuation amount Other Lenders Charge Amount Specify the combined charge amount of other lenders if the property is already mortgaged to other lenders Vehicle Type Select the type of vehicle from the adjoining drop down list New Used Indicate whether the vehicle is new or used Make Specify the make of the vehicle Model Specify the model of the vehicle Year Specify the year of manufacturing of the vehicle Regn No Specify the vehicle registration number Chasis No Specify the vehicle chasis number Engine No Specify the
40. s Oracle Corporation and its affiliates will not be responsible for any loss costs or damages incurred due to your access to or use of third party content products or services Contents 1 Preface Pc 1 1 Tti datroduction o d e P t RP ed tem pb Ge EN AREE 1 1 1 2 A udleHce iai Lt ue ta p DEO ER ea A ER ads 1 1 1 38 Documentation Accessibility essen 1 1 1 4 Acronyms and Abbreviations eee nennen nnns 1 1 1 5 Organizationx s ode E e Epiro OPER UR RE EUR e te Odit 1 2 1 6 Related Documents es xit ede edente 1 2 Lf Glossary oL 16008 ooo Eee Oh REOR det endete 1 2 2 Collateral Creation 12054 oes eee ce dcc edet ERE aint 2 1 2 1 InttoductiOn edet ette e Up Ie I HOO Ur ERE bens 2 1 2 2 Stages in Collateral Creation eene 2 1 2 3 Process Flow Diagratm ue e m te BE SERBERE ERNE has asta 2 1 2 4 Process Marix en PUDOR UE etes 2 3 2 5 Processing Collateral Creation ssssssssseenee eene 2 13 2 5 1 Collateral Details Tab sse 2 15 2 5 2 Property and Vehicle Tab sss 2 17 2 5 8 Machinery and Marketable Securities Tab sssssssess 2 19 2 5 4 Policy Guarantee Precious Metal Tab sssse 2 21 2 5 5 TD Miscellaneous Tab pietra noe pean ERE 2 23 2 9 6 Remarks Tab odi Rm nb ER IAN 2 25 2 5 7 Maintaining Document Details sese 2 25 2 5 8 Maintaining Collateral Preferences
41. side of the screen Select the check box against your Workflow Ref No and click Acquire button at the top ofthe screen to acquire the next stage of the task The system displays the message as Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To select the acquired task for the next stage select Acquired under Standard option in the Task menu All the tasks that have been successfully acquired are displayed in the right side of the screen Search for your workflow reference number and click the Workflow Ref No to open the required screen Processing Collateral Creation Step 1 Initiation You can maintain collateral details in Collateral Creation screen if you have the required access rights You can invoke this screen by typing ORDCOINT or ORDCOINP in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button In anig ORACLE Collateral Creation Process you can specify the necessary details for creating the collateral data Collateral Creation Initiation H save MHo Application Number Application Branch 000 Application Category Application Date 05 OCT 2015 Liability No az User Ref No Customer No H Application Priority High Customer Name e Application Status Initiate Collateral Code Collateral Description Collateral Branch Collateral Currency Co
42. t Date of check Details Credit Remarks Risk Evaluation Geo Political Risk gt Recommendation gt Currency Risk Credit Remarks P Liquidity Risk Eligible for Central Bank Issuer Credit Risk Funding cc Eligible Operational Risk RM Eligible Natural Hazard Risk Perm Eiig LJ Risk Evaluation Eligible for Central Bank Funding Check this box if the collateral is eligible for central bank funding CCP Eligible Check this box if the collateral is part of the eligible collaterals accepted by Central Clearing Party CRM Eligible Check this box if the collateral is recognized as credit risk mitigant for basel capital calculations Geo Political Risk Specify geo political risk involved in the collateral For example Oil assets situated in certain countries like Iraq Currency Risk Specify if the collateral currency posses any currency risk Liquidity Risk Specify the liquidity risk of the collateral Issuer Credit Risk Specify the credit risk of the collateral issuer Operational Risk Specify the operational risk involved in managing the collaterals like ship aeroplane or a warehouse with goods Natural Hazard Risk Specify if the location of the collateral is prone to natural hazards like floods earthquake etc Recommendation Specify the final recommendation after risk evaluation aot ORACLE Credit Remarks Specify credit remarks if any Step 8 Collateral Approval In this sta
43. teral Desc Give a brief description on those collateral which does not belong to the standard collateral type Units Specify the number of collaterals submitted Unit Value Specify the value of each unit Remarks Specify remarks if any Collateral Notes 1 Specify additional details on collateral if any Collateral Notes 2 Specify additional details on collateral if any Collateral Notes 3 Specify additional details on collateral if any Collateral Notes 4 Specify additional details on collateral if any Collateral Notes 5 Specify additional details on collateral if any 2 24 ORACLE 2 5 6 2 5 7 Remarks Tab Click on Remarks tab to update remarks if any Remarks specified in the previous stage gets defaulted in the Previous Remarks field Collateral Creation Initiation H save Hold Application Number Liability No User Ref No Application Branch 000 Customer No Application Priority High Application Category H Customer Name Application Status Initiate Application Date 05 OCT 2015 Collateral Details Property Vehicle Machinery Securities Policy Guarantee Precious Metal TD Miscellaneous AGUEC Previous Remarks Documents Collateral Preferences Prev Remarks Remarks Maintaining Document Details You can maintain the collateral related documents details through the Documents screen Click Documents butto
44. ver date cannot be greater than the collateral expiry date Text Code Specify the text code for the insurance Premium Currency Specify the currency of the premium to be paid Premium Amount Specify the amount of the premium to be paid Remarks Specify the remarks about the insurance details Policy Assigned to Bank Specify whether the insurance policy has been assigned to the bank or not You can select one of the following options e Yes e No Coverage Specify the coverage details of the insurance Covenant Details Covenant Name Select the covenant name from the list available here The list displays the covenant names maintained in Covenant Maintenance screen Covenant Description Description of the specified covenant is displayed here based on the details maintained at Covenant Maintenance level Revision Date System defaults the Revision Date for the covenant on save of the collateral category record based on the Frequency and Due Date of the covenant maintained in the Covenant Maintenance screen Mandatory Mandatory Non mandatory details will be shown on choosing a covenant name You may change this Grace Days You can change the Grace Days details which are displayed here on choosing a covenant name Notice Days Once you select the covenant name system defaults the Notice Days details i e the number of days prior to next revision date of the covenant You can modify the value The peri
45. x Completed x Pending x Supervisor x Today x ApplyFiters Assigned Task List Application GA as Page 1 Of 15 b pp Jump to page a Application R 5 Creation Tran n r iy Workflow Reference MM Tele zoner ssignee Customer comments Amount Date Prorty RMO Channel gt Origination Reference Group Users Name iFicndTo S Ongination YO CRPProcess3154 Credit ALLROLES 2014 11 25 Low a Dashboard appraisal 001 10 34 19 enrichment Ist E Standard Queue W CRPProcess3147 Credit ALLROLES 2014 11 25 Low mm appraisal 000 10 04 51 application IST Search entry B RM Queue Tasks BPELLimitReview3142 Credit ALLROLES SANGITA 2014 11 24 Low Standard N aR Decision Task 000 17 27 39 Acqured 2 1st amp Assigned 146 Med 2s COLLATProcess31233C1 External Check ALLROLES 2014 11 24 Low gt Compieted 255 N gt Pending 0 000 16 55 36 gt Supervisori0 ET gt Today 0 COLLATProcess3074C1 Review ALLROLES 2044 11 24 Low N E PR Queue Tasks 000 1637 16 LM Review Tasks ist IB CAM Queue T sk2 YO BPELCRPProcess3130 Customer ALLROLES 2014 11 24 Low 123123 cid acceptance 000 16 10 22 Process Acqured aa History teractions Documents Advices Quick View Y Acquired Tasks 2 Li Hl x Page 1011 Jump to page Workflow Transaction Tile Reference Reterence Credt BPELCRPProcess3054 apprasal Local intranet Protected Mode Off Rs J All tasks that have been successfully completed are listed in the right
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