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Tawarooq Creation User Manual

1. New E3 Enter Query Workflow Reference Priority Low Application Category Lead d Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry Application Date Applicant Details Type Primary Local Branch Customer No Customer Name Main Details Financial Requested Limit Credit Score Bureau Ratio Financing Component Charge Investigation Comments Collateral Details 10f41 Start Date Revaluate Collateral End Date i Collateral Branch pisi colts Collateral Category Revision Date Collateral Type I Collateral Description Normal Charge Mortage Linked Percent Utilization Order Collateral Currency inia c crab Commitment Product Collateral Value Haircut 96 Market Value Based Haircut Schedule Vehicle Details Security Id YOU 10t1 Number Of Units E Effective Date Haircut 96 a Nominal Value Veniet Cap Amount o Vehicle Number Year Guarantor Based Make Guarantor Id Model Rating Body Usage Valuation Source None Valuation Status NotRequired Covenant Details 10f1 Covenant Name Description Reversal Date Mandatory Grace Days Notice Days Due Date On Frequency Monthly xm m am Documents KYC Review Customer Dedupe Finance Dedupe CustomerMIS MIS Customer AccountFields Vehicle
2. 2 14 2 7 Maintaining Credit Ratios ssssssseee eene menn 2 15 2 1 Specifying Formula Details seen 2 15 2 8 Viewing Credit Ratio eene nennen 2 16 2 9 Maintaining Override Details 2 18 2 10 Viewing Override Summary ssssssssesee eene nennen nnns 2 19 2 11 Maintaining Document Checklist and Advices sse 2 20 2 11 1 Process Flow BPEL 2 22 2 12 Viewing Document Checklist Summary sese 2 23 2 13 Maintaining Application Category 2 23 2 13 1 Main Tab ebat eat e e uda t e ERR a as 2 24 213 2 Agency Tab csse bae cerise een ene aera pe vanne EAEE Eai 2 26 2 14 Viewing Application Category Summary 2 27 2 15 Maintaining Pricing Details AEA E 2 27 2 16 Stages in Tawarooq Finance Origination 2 30 2 16 1 Process Flow Diagram sse nnn 2 32 2 16 2 Process Matrix eee einen EEEE 2 33 2 16 3 TAD ident edet edt t RE Inde end OE 2 37 2 16 4 Capturing Customer MIS sse nnn 2 42 2 16 5 Capturing Customer Account MIS 2
3. Mod No Record Status Date Time Authorization Status Maker Date Time Checker 25 ORACLE Address Details Seq No The sequence number is automatically generated by the system Address Type Select the address type of the customer from the following options provided in the drop down list e Permanent e Home e Work e Temporary e Others Mailing Check this box to indicate that the address you specify here is the customer s mailing address Address Line 1 3 Specify the address of the customer in three lines starting from Address Line 1 to Address Line 3 Contact Number Specify the contact telephone number of the customer Zip Specify the zip code associated wit the address specified Country Specify the country associated with the address specified Employment Details Seq No The sequence number is automatically generated by the system Employment Type Select the customer s employment type from the drop down provided The following options are available e Part Time e Full Time e Contract Based Employer Specify the name of the employer of the prospective customer Occupation Specify the occupation of the prospective customer Designation Specify the designation of the prospective customer Employee Id Specify the employee Id of the prospective customer 25 ORACLE Address Line 1 3 Specify the employment address of the customer in three lines starting
4. Power of Attorney Check this box to indicate that the customer account is to be operated by the power of attorney holder Holder Name The person who has been given the power of attorney Address Specify the address of the power of attorney holder Country Specify the country of the power of attorney holder Nationality Specify the nationality of the power of attorney holder Telephone ISD Code Specify the international dialling code for the telephone number of the power of attorney holder The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one ORACLE 2 16 4 Telephone Number Specify the telephone number of the power of attorney holder Account Details Account Branch Select the account branch from the adjoining option list Account Number The account number gets generated when you click on Default button after specifying the account class If the account branch is auto generation enabled then the account number gets auto generated Account Class Specify the account class or select the account class of the customer from the option list provided Click Default button to view the account generation details through Account Number Generation screen Customer Account Mask ED Customer No Currency Account Class Account Currency Type Account Code Account Mask 4 US Resident Status Permanent US Resident S
5. we Place Power of Attorney Birth Country Home Phone ISD Date of Birth Power of Attorney Donne Mothers Maiden Name Holder Name t Marital Status Married Address Work Phone Mobile ISD Code Dependents Country Mobile Number Corporate Details Nationality Fax ISD Code Date Telephone ISD Code Fax Capital Telephone Number Email Net Worth Passport Number Business Description T m Corporate Details Documents CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks Audit The details related to the finance application entry are displayed in this screen which can be verified by the verifier The details cannot be modified in this stage but comments can be added appropriately On completion of this stage the advices that are maintained for the stage are generated The verifier can either send the application back to the previous stage if the information provided is not adequate or can cancel it if the information captured is not satisfactory If the application details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process On successful verification a message stating that the task is successfully completed gets displayed
6. Islamic Tawaroog Internal H save Application Category Lead ld Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Date 2011 01 04 Application Status Application Enty Details Financial Requested Limit Collateral Comments Channel KYC Required External Credit Check Required Intermediary Group Auto Decision Required 3 Applicant Details 10f1 s E Type Existing LocalBranch CustomerNo Default ShortName CustomerName Nationalld Responsibility Liability RMID RMName Country First Name Account Details Nationality Middle Name Account Branch Language LastName _ Account Class SSN Salutation Mr Account Number Customer Category Gender Male 2 Financial Currency 8 Group Code Birth Place Power of Attorney Birth Country 1 f Date of Birth Power of Attorney Mk eus a Mothers Maiden Name Holder Name a ies Marital Status Married Address ork Phone gt Mobile ISD Code Country Mobile Number Corporate Details Nationality FaxISD Code Date Telephone ISD Code Fax Capital Telephone Number Dependents Email Net Worth Corporate Details Passport Number Business Description Documents KYCReview CustomerDedupe FinanceDedupe CustomerMIS CustomerAccountMIS Customer AccountFields Previous Remarks Remarks Audit
7. Rate Type Fixed Reference Rate Spread Composite MIS Composite MIS 1 Composite MIS 2 Composite MIS 3 Composite MIS 4 Composite MIS 5 Composite MIS 6 Composite MIS 7 Composite MIS 8 Cost MIS Pool Code MIS Group Cost MIS 1 Cost MIS 2 Cost MIS 3 Cost MIS 4 Cost MIS 5 Account Level Default MIS Group Pool Code Link to Group m car ChangeLog TransferLog 2 43 ORACLE 2 16 6 Details Tab The address and employment related details of the customer corresponding to the Lead Id selected are displayed in this tab You can modify these details if required Islamic Tawaroog Application Entry save Application Category PE Leadid az Application Number IslamicTawaroogAccou Product Code las Enquiry ID az User Reference Description fe Application Priority Low Application Branch 000 Application Status Application Enty Entry Application Date 2011 01 04 Applicant Details Type Primary LocalBranch 000 CustomerNo 000006150 Customer Name ia Address Details 101 GI Address Line 1 e Country az Address Line 2 Zip Address Type Perma
8. You can specify any of the following details to search for a record e Authorization Status e Record Status e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Pricing Details Oracle FLEXCUBE allows you to maintain pricing groups and apply a suitable pricing rule to an application category during tawarooq finance origination The pricing rule automatically selects the best matched finance offer for the finance application from the available offers for the application category You need to maintain pricing groups and define the price IDs and formulae for the group using Pricing Maintenance screen To invoke the screen type ORDPROMT in the field at the top right corner of the application toolbar and click the adjoining arrow button eer ORACLE Pricing Maintenance EX New Enter Query Price Group ID Price Type Retail Description Pricing Details 10f1 Price ID Price Description Default Formula Offer 0 Maker Date Time Checker Date Time Mod No Record Status Authorization Status Specify the following details Pricing Group Specify a unique name to identify the price group Description Specify a brief description of the price group Price Type Specify the price type associated with the price group You can choose one of the foll
9. Checker Record Status Date Time Authorization Status You can specify the following details in this screen Credit Agency You can capture the details related to the credit rating agencies here Agency Code Specify the identification code of the rating agency that provides credit rating details for customer securities Agency Name Specify the name of the rating agency that provides credit rating details for customer securities Bureau Details You can capture the details related to the credit bureau here Bureau Code Specify the identification code of the credit bureau that provides credit ratings for customer securities 226 ORACLE 2 14 2 15 Bureau Specify the name of the credit bureau that provides credit rating details for customer securities Viewing Application Category Summary You can view a summary of the application categories in Category Details screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSCATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Category Details X Search Ct Advanced Search 9 Reset D Clear All Case Sensitive Authorization Status X Record Status X Application Category Application Type Records perpage 15 v 10f1 Authorization Status Record Status Application Category Category Description Application Type
10. IST Standard m y RetelLendingb004 Application 2013 09 02 Low Input 14 44 50 Queue En y OpensavingsAccount 06t Input savings DAVID 2013 09 02 Low FLEXCUBE SUPPORTO1 RECVNVFY account details BOON 21 05 57 amp Administrative ist ir ye RetallLendingso77 Application DAVID 2013 08 03 Low NEWAPP Applications ur Verification BOON 09 35 38 amp CountAcross Conventional High IST amp Count Across Conventional Low ow RetailLending6112 Application 2013 09 03 Low VFYAPP amp Count Across Conventional Medium Verification 151217 Count Across Islamic High IST amp Count Across Islamic Low ye slamieMurabahaAecounter 48 Underwriting 2013 09 04 Low UNDERW amp Count Across Islamic Medium 13 18 31 amp High Alert En My Islamic Tasks amp My Loan Tasks amp My Reminders Pandinn Taeke Quick View amp Quick View Detail 9 SLA amp Standard Acquired 0 b Assigned b Completed 0 Pending 0 Supervisor 0 amp Supervisor Today All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx 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 S
11. Specify the date on which the next revaluation has to be done Revision Date Specify the date on which this collateral has to be revisited for review Charge Type Select the charge type from the adjoining drop down list e Lien e Pledge e Hypothecation e Mortgage e Assignment This is only for information and not for processing Utilization Order Specify the utilization order Commitment Product Select the product code from the adjoining option list to be used for creating the commitment contract In this screen specify the following details to facilitate vehicle evaluation Market Value Based Security ID Select the security id from the option list Number of units Nominal value Specify the number of units ant ORACLE Cap Amount Specify the cap amount Guarantor Based Guarantor ID Select the Guarantor Id from the option list Rating The system displays the rating Vehicle Details You can capture the details of the vehicle which is to be evaluated in the following fields Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the vehicle Make Specify the make of the vehicle Model Specify the vehicle model Body Specify the vehicle body details Usage Specify the mileage used by the vehicle till date These details will be used at the underwriting stage to evaluate the vehicle Note For mor
12. collateral details etc are captured during this stage Documents obtained from the applicant are uploaded and advices maintained for the stage are generated by the process after completion of the stage Users belonging to user role CEROLE are authorized to perform these tasks You can key in the finance application details required in Tawarooq Application Entry Screen You can also invoke this screen by typing ORDTAWAE in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Islamic Tawarooq Application Entry X H save lt i Hold Application Category laz Lead ld Application Number IslamicTawaroogAccou o n Product Code sz Enquiry ID User Reference r Description Application Branch 000 Application Date 2011 01 04 0 Application Priority Low Application Status Application Entry X Details Financial Requested Limit Collateral Comments Channel PL Required External Credit Check 3 Required intermediary Group az E Decision Required Applicant Details 1011 es E Type Existing LocalBranch CustomerNo Default ShortName CustomerName Nationalld Responsibility Liability RMID RMName ag m D Country First Name Account Details Nationality Middle Name Account Branch Language Last Name Account Class SSN Salutation Mr Account Number Customer Category G
13. 10f1 10t1 101 Effective Date E User Defined Elementid User Defined Elemer Intermediary Code Intermediary Ratio 100 m J Documents Review CustomerDedupe Finance Dedupe Customer MIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Andit Specify the following details Pricing ID Based on the formula maintained in Pricing Maintenance screen the system automatically applies a price ID to the application However you can apply a different price ID that matches the application You can select a different price ID from the option list If you change a price ID selected by the system and reapply a different price ID the system changes the score of the pricing rule The score determines the price ID to be automatically applied Click Apply button to apply the selected price ID to the finance The details related to the finance offer like the number of installments finance branch frequency unit profit rate etc are displayed here Select the required offer by clicking the Check option and click then click the Apply button to apply the selected finance offer The details corresponding to the selected finance offer are displayed in Finance Details section You can modify these details if required and click Apply button to calculate
14. 14 ORDRULMT 2 10 s ORACLE
15. 43 2 16 6 Details Lab iiic ida ep ie RON RE ee OETA 2 44 2 167 Financials Tab iii aere pce nc Og eb Pe ie pergant ecd 2 45 2 16 8 Requested Tabu ion dete ERES 2 47 2 16 9 Limits db ae oannes ena 2 50 2 16 10 Collaterals ES 2 53 2 16 11 Comments eb 2 56 2 16 12 Capturing Document Details sese 2 57 2 16 13 Collateral Tab ced Eu ede eene e o eat 2 68 2 16 14 Credit Score Tab dedi ee e E o ers e aeu 2 70 2 16 15 Bureau Tab ee oat e ee aee eeu de rea ERE 2 72 2 16 16 Ratios Tabu ieri uua inui tie 2 79 2 167 Financing Tab e RR ROTER RT RE Aelia FERREA 2 80 2 16 18 Component Tab n ro eM et e eH etes 2 82 2 16 19 Charges Tab issus subir b nie RRBRHb 2 83 2 16 20 Investigation eene nennen nnn 2 84 2 16 21 Comments Tab ie et e dee Ph nana 2 85 2 17 Message Generation cccccceceeececceeceeeeeeeee nennen ettet dnte enitn nnn denter ennt 2 87 3 Function ID Glossary nee eec ta coo E Ren en e 3 1 1 1 1 2 1 3 1 4 1 5 1 Preface Introduction This manual is designed to help you quickly get acquainted with the workflow of Tawarooq creation maintaining the prospect details and other features supported in Oracle FLEXCUBE Audience This manual is intended for the following User User Roles Role
16. Account undefined as Previous Remarks Remarks Audit Outcome E You can maintain the following details Branch Code The system displays the branch code Account Number The system displays the account number Sale Date In this field the current application date will get defaulted Remarks You can specify the remarks for the sale confirmation This field is applicable only for the accounts under the product whose Sale Confirmation Required option is checked in the Preference screen If everything is found acceptable 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 The following screen will be displayed Step 11 User Acceptance Stage In this stage based on the outcome of the previous stage the sale confirmation of Tawarooq origination in the next stage 2 88 ORACLE Manual disbursement is done for the accounts created with a manual disbursement product For accounts created with auto disbursement products disbursement occurs on save of document verification stage Tawarooq User Acceptance Save Hold Application Number Application Date 2012 11 07 Application Branch 001 Status UserAcceptance Branch Code 001 Account Sale Date 2012 11 07 Remarks Prev Remarks Remarks The system creates a task Manual Liquidation in the Reject task list Step 12 D
17. Date Telephone ISD Code Fax Telephone Number Dependents Capital Email Net Worth Corporate Details Passport Number Business Description m Documents Review CustomerDedupe Finance Dedupe CustomerMIS Customer AccountMIS Customer AccountFields Vehicle Evaluator Previous Remarks Remarks Audit The approver can send the application back to the previous stage if the information provided is not adequate or choose to cancel it if the information captured is not satisfactory If the application details are verified successfully the approver can proceed with the processing of the application by selecting PROCEED as the Outcome The approver can select RETURN to return the process to previous stage for data correction or CANCEL to terminate the process 2 86 ORACLE 2 17 On successful completion a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage To
18. Debt What if Payment Amt Ratios 1071 Main Details Financial Requested Limit Collateral Credit Score Bureau RENY Financing Component Charge Investigation Comments Ratios Stated Before Stated After Actual Before Actual After Application Number User Reference Application Priority Low Application Status Application Entry Customer Name Assets Liabilities Net Worth Finance MIS Finance Fields Prev Remarks Remarks Documents Review CustomerDedupe Finance Dedupe CustomerMIS MIS Customer AccountFields Vehicle Evaluator Bureau Report The stated income and debt of the customer are displayed here You can capture the following additional details here 2 79 ORACLE Actual Monthly Income Specify the actual monthly income of the customer based on documentary proof provided Monthly Debt Specify the actual monthly debt of the customer based on documentary proof provided Click Calculate Ratios button to calculate the asset liability ratios for the customer What if Pmt Amt Specify the EMI amount that the customer is ready to pay Click Update Ratio button to update the asset liability ratios for the customer taking into account the EMI payments also The ratios for Installment Finance To Value and Disposable Income are calculated for the following conditions e Stated Before e Stated After e Actual Before e
19. Function Corporate Customer Service Collection of applications Executive Trade Finance Executive Updation of details of contracts Trade Finance Manager Verification and authorization of contracts Compliance Executive Performance of compliance details of all parties in a contract Compliance Manager Verification of compliance check carried out by Compliance Executive 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 Abbreviations The following abbreviations are used in this User Manual Abbreviation Description BPEL Business Process Execution Lan guage WF Workflow Organization This manual is organized into the following chapters About this Manual gives information on the intended audience It also lists Chapter 1 Spo the various chapters covered in this User Manual Tawarooq creation explains the workflow of Tawarooq finance and pro Chapter 2 dE cess of maintaining the prospective applicant details 1 1 ORACLE 1 6 1 7 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 e Procedures User Manual Glossary of Icons This User Manual may refer to all or some of the fo
20. If the underwriting stage is successfully completed the underwriter can proceed with the processing of the application by selecting PROCEED as the Outcome The underwriter can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process On successful completion a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task x ORACLE The system displays the information message as xxx 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 Tawarooq Approval screen Step 7 Finance Approval Stage In the Finance Approval stage the approver verifies the finance application analyzes the applicant s financial status credit rating and field investigation repor
21. Not Available Exists Application ORDTAWAE Available Available Available Entry Application ORDTAWAV Available Available Available Verification Application ORD Available Available Available Management TAWMV Verification Internal Black ORDTAWKI Available Available Available list Check External Black ORDTAWKE Available Available Available list Check Underwriting ORDTAWUD Available Available Available Finance ORDTAWAR Available Available Available Approval Document Veri ORDTAWDV Available Available Available fication Customer ORDTWMC Available Available Available Account U Facility Finance Col lateral Creation Sale Confirma ORDTWSA Not Avail tion C able User Accept ORDTWUS Not Avail ance A able Disbursement of Tawarooq Manual Liqui ORDTWPM Not Avail dation T able 2 58 ORACLE To acquire the next stage you need to go to the Task menu and select Assigned under Standard option ORACLE Branch 000 Date 2011 01 04 Session Time 01 08 44 LoggedUser DCo1 Sinoti gt Home Interactions Customer Workflow Tasks Preferences Search assigned Quick Search Assigned Task List Page 1 Of 1 Jump to page Application is Transaction Customer Creation Originated Application N Workflow Reference Remience Title Name Date Priority Channel By Status Commer FromiTo t Origination we RetailLendingsoos Application 2013 09 02 Low Dashboard Input 144405
22. To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task 2 90 ORACLE Step 3 Application Management Verification Stage The information captured in the previous stage is verified for the second time and for second level approval in the Application management Verification stage Application verification is carried out by the user role CMROLE You can key in the finance application details required in Tawarooq Application Management Verification screen islamic Tawaroog Management Verification H save Application Category Product Code Description Application Branch 000 Application Date 2011 01 04 Lead ld Enquiry ID Details Financial Requested Limit Collateral Comments Channel Intermediary Group KYC Required Auto Decision Required Applicant Details 101 E Type Existing LocalBranch CustomerNo x Default CustomerName National Id Application Number User Reference Application Priority Application Status Responsibility Liability Low Applic
23. and External KYC stages after completing the application entry and verification stages 237 ORACLE Auto Decision Required Check this box to enable auto decision on finance application If you check this box based on the applicant credit score auto decision mapping maintained in Auto Decision screen the system decides whether to approve reject recommend approval or recommend rejection of the application If you do not check this box the system will not make an auto decision with regard to approval of the application You can set the status of this check box only during Application Entry stage External Credit Check Required Check this box to enable external credit bureau service for credit evaluation of the finance applicant If you check this box the system will automatically initiate external credit check If you do not check this box the system will not initiate external credit bureau check The credit check initiation happens before underwriting stage Applicant Details Type Select the type of the customer from the drop down list provided The following options are available e Primary e Co Applicant Existing Check this box to indicate if the customer applying for the finance is an existing customer of the bank Default On clicking the default button after specifying the customer number the system displays the existing customer number On clicking the default button without specifying the custo
24. customer related documents in central content management repository through the Documents screen Click Documents button to invoke this screen Documents Advices Checklist Document Upload 1 0f 1 25 v Document Category Document Reference Document Type Remarks Ratio Uplc Ej Here you need to specify the following details Document Category Specify the category of the document to be uploaded Document Reference The system generates and displays a unique identifier for the document Document Type Specify the type of document that is to be uploaded Upload Click Upload button to open the Document Upload sub screen The Document Upload sub screen is displayed below Document 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 In Tawarooq Lending process Document Upload feature is not available in all the stages Its availability in this process is given below 297 ORACLE Doc Upload Available View Available Stage Title Function Id Callform Not Available
25. from Address Line 1 to Address Line 3 Zip Specify the zip code associated with the office address specified Country Specify the country associated with the employment address specified Phone No Specify the official phone number of the prospective customer Extn Specify the telephone extension number if any of the prospective customer Contact Specify the contact number of the prospective customer Contact Name Specify the name of a contact person at the customer s office Contact Phone Specify the contact phone number of the customer s contact person Contact Extn Specify the telephone extension number if any associated with contact person Comments Specify comments if any related to the customer s employment Department Specify the department to which the customer belongs Stated Years Specify the number of years the customer has spent with his current employer Stated Months Specify the number of months the customer has spent with his current employer 27 ORACLE 2 3 3 2 4 Requested Tab You can capture the details related to the requested finance in Requested tab Prospect Details H save Lead Id TAW11 Branch 000 Ed Application Type Retail Description 2 Date of Request 2011 01 04 CurrentStatus NEW New Account Number New Status Request ID Conversation ID Channel FLEXCUBE Promotion Code Main Details Financial Requested Requested Loan Details Request
26. like Booking Amount Payment Interiors etc Amount Specify the amount requested corresponding to the itemization specified Comments Give your comments if any corresponding to the itemization 249 ORACLE 2 16 9 Limits Tab You can capture the details related to the limits provided by the customer in this tab Islamic Tawarooq Application Entry H save Application Category TAWC1 as Leadid 3 Application Number IslamicTawaroogAccou Product Code TAW1 a Enquiry ID 2 User Reference OOOTAW11100400C Description Tawaroog Auto Disburs Default Application Priority Low Application Branch 000 Application Status Application Enty Application Date 2011 01 04 Applicant Details Type Primary X Local Branch 000 Customer 00006670 Customer Name if Main Details Financial Requested Limit Collateral Comments Liability Details Line Details Pool Details LiabilityNo 00006670 a3 Line Code 25 Pool Code ial Liability Name 00006670 lol Line Serial 1 Pool Description Main Liability No e Main Line Code 2 Pool Currency Liability Branch 000 a Line Branch 000 Pool Amount Liability Currency GBP az Line Currency GBP sz Pool Utilized Overall Limit Limit Amount Collateral Amount Effective Line Amount Limit Collateral be Basis Effective Line Amount Documents CustomerDedupe Finance D
27. of Birth Specify the date of birth of the customer or select the date by clicking the Calendar icon provided Mother s Maiden Name Specify the customer s mother s maiden name Customer Category Specify the category to which the customer belongs or select the customer category from the option list that displays all valid customer categories Country Specify the country of domicile of the customer or select the country code from the option list provided Nationality Specify the country of which the customer is a national or select the country code from the option list provided Language Specify the primary language of the customer or select the language from the option list provided Mobile Number Specify the mobile phone number of the prospective customer Landline No Specify the land phone number of the prospective customer Office No Specify the office phone number of the prospective customer Fax Specify the fax number of the prospective customer Passport No Specify the passport number of the prospective customer es ORACLE 2 3 2 Passport Issue Date Specify the date on which the customer s passport was issued or select the date from by clicking the adjoining Calendar icon Passport Expiry Date Specify the date on which the customer s passport expires or select the date from by clicking the adjoining Calendar icon Passport Issue Place Specify the place where the customer s passpo
28. stage the underwriter can verify it in the underwriting stage by giving status as Required and Outcome as Verify On giving the outcome as verify the credit bureau verification happens and the application moves to underwriting stage again The credit agencies and the bureaus maintained for the Application Category are displayed in this screen You can capture the remarks and recommendations from these agencies in this tab You can also view the credit report obtained from the agencies and bureaus Credit Bureau Details Customer Id The identification of the finance customer gets displayed here Bureau The credit bureau maintained for the Application Category in Application Category Maintenance gets displayed here Status Select the status for the credit bureau check from the following options in the drop down list e Completed e Pending Remarks Specify remarks if any associated with the finance application External Credit Rating External Agency Specify the external agency that you want to use for the evaluation If you do not specify a value here the system will display an error message aie ORACLE Recommended Select the recommendation of the credit agency for the finance requested from the following options provided in the drop down list e Recommended e Not Recommended Remarks Specify remarks if any associated with the finance application Status The following statuses are available
29. 10006 BANK Financial Customer Low Authorized Open E05ZKYCO7334000A MATHEW HAYDEN Retail Customer Low F1 Authorized Open E01ZKYCO73340001 AMANTIKA Retail Customer Low Al Authorized Open E05ZKYCO8338000F MATHEW HAYDEN Retail Customer Low Fl Authorized Open E05ZKYC08338000G JOHN Corporate Customer Low Authorized Open 052 08344000 MATHEW HAYDEN Retail Customer Low E Authorized Open E05ZKYC08344000K MATHEW HAYDEN Retail Customer Low Authorized Open E05ZKYCO08344000L MATHEW HAYDEN Retail Customer Low 2 63 ORACLE Alias Names Summary d Advanced Search 4 Reset Name Date of Birth Country Records perpage 15 v Date of Birth Country Once reviewed the verifier provides the review status and remarks You can perform a check on the customer record based on the KYC Review and SDN Review screens and choose the internal KYC status and SDN status respectively based on the review You need to query on the records using all or a combination of the following criteria e Customer Number e First Name e Last Name e Date Of Birth e Country e Internal e Internal Remarks e External e External Remarks e SDN status e Review Click the Query button to view all records that match the specified criteria If the customer details do not match any of the displayed records select the action CLEARED from the drop down list adjoining the Audit button Click the Save icon in t
30. Actual After 2 16 17 Financing Tab In the Financing tab the system displays the list of the multiple finance offers that are attached to the application category specified If you have selected an Enquiry ID for the 2 80 ORACLE customer then the finance details that have been stored for the corresponding finance proposal are displayed here You can modify these details if required Islamic Tawaroog Undewriting FX New Enter Query Workflow Reference Application Category Product Code Description Application Branch Application Date Applicant Details Type Primary M Priority Low Lead ld Enquiry ID Local Branch Customer No Application Number User Reference Application Priority Low Y Application Status ApplicationEntry Customer Name Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Component Charge Investigation Comments Pricing Pricing ID Multiple Offers 101 Offer Id No of Installments 12 Financing Details Branch Account Number Financing Currency Financing Amount Hamish Jiddayah Hamish Jiddayah Effective Date Frequency Unit Rate Rate Code 1 Monthly M Value Date Maturity Date Installment Start Date Status Change Mode Auto Y Close Collateral End Construction Date User Defined Element Values Check Apply No ofInstallments 12 Frequency 1 Unit Monthly Y Intermediary
31. 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 Tawarooq Underwriting screen The system will invoke the external valuation agency for credit evaluation You can view the details in the bureau tab This includes the score assigned by the agency for the customer In this screen you can view the information available for the customer by clicking the Report button under the field Status in the External Credit Rating section If the information is available the status is updated to COMPLETED the collateral tab If it does not match then the status is updated to NO DATA Once the verification is completed you can select the Outcome as PROCEED and move to the next stage 218 ORACLE You can click Report button adjacent to credit rating record or credit bureau record to view the report obtained from the credit rating agency or the credit bureau The following reports can be viewed ers ORACLE Summary1 Credit Bureau Report Application Number IslamicTawaroogAccou Requested Id 7486 Customer No 00006688 Bureau Code AGENT CRISIL Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Birth Date Best Match Summary 2 Trade Lines Public Records Collections Fraud Messages Inquir
32. Application Category Details You can maintain various application categories linked to multiple finance products that cater to the requirements of different customers in Application Category Maintenance screen The entire process of finance origination depends mainly on the category to which the application belongs 228 ORACLE 2 13 1 You can invoke Application Category Maintenance screen by typing ORDCATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Application Category Maintenance Detail E New amp Enter query Application Category Application Type Retail Category Description Rule Id Ratio Id Pricing Group Main Agency Product Details 10f1 EJ Product Code Product Description Default External Credit Check Required External Credit Check Required for AmountBasis AmountFrom m D Account Class Details 1 Of 1 m gt _ AccountClass X Account Description Offer Details 101 E gt Offerld NoofinstaliIments Units Frequency Rate Rate Code Default WELG Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Application Category Specify a unique identification for the finance application category Category Description Specify a sui
33. Application Type Retail y Description E Date of Request 2011 01 04 Current Status NEW New Account Number New Status e Request ID Conversation ID aj Channel FLEXCUBE ud Promotion Code Main Details Financial Requested Applicant Details 101 V Sequence Number Type Existing Local Branch Customer No Default Short Name Customer Name J 7 i Primary 000 2 00006669 IS e m r City First Name a SSN Country GB Middle Name i Passport Number f Nationality GB Last Name Passport Issue Date 85 Language ENG 3 Salutation Passport Expiry Date es Customer Category laz Gender Existing Relationship Details Financial Currency GBP a F Date of Birth m Relationship Type obile Number 2 zi Mothers Maiden Name Credit Card Number Landline Number Marita Status Email fe MEE 777 Dependents Preferred Date of Contact Es Preferred Time of Contact AnyTime Documents Conversation Checker Date Time Mod No Record Status Date Time Authorization Status You can specify the following details in this screen Lead Id Specify a unique identification for the prospective finance customer Description Specify a suitable description for the prospective finance customer Request ID The system generates the request ID Channel Specify the channel 22 ORACLE 2 3 1 Promotion Code Specify the promotion code if any Branch Specify the bra
34. Ds created for the customer as part of the finance simulation process Application Branch Specify the application branch Application Number System displays the application number of the customer User Reference Number Specify the user reference number for the finance application Priority Select the type of priority from the drop down list provided The following options are available e Low e Medium e High Status The status of the application gets displayed here Click Default button to default the details related corresponding to the prospective finance customer Main Tab The details corresponding to the lead Id selected gets displayed in the Main tab once you click the Default button You can modify these details if needed Channel Specify the channel Id for the finance The adjoining option list displays all valid channels maintained in the system You can select the appropriate one Intermediary Group Specify the intermediary group The adjoining option list displays all valid intermediary group maintained in the system You can select the appropriate one KYC Required Check this box to indicate the KYC check is required for the customer If you check this box the system will evaluate a business rule Based on that rule the system initiates both Internal KYC and External KYC or both during application entry and verification stage If you do not check this box the system then skips the Internal KYC
35. Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit In this screen capture the following details Vehicle Details You can modify the details of the vehicle which is to be evaluated in the fields listed below Identification Number Enter the unique identification number associated with the vehicle Year Specify the year of manufacture for the vehicle Make Specify the make of the vehicle Model Specify the vehicle model Body Specify the vehicle body details 2 58 ORACLE Usage Specify the mileage used by the vehicle till date You can retrieve vehicle details from an external agency either by specifying the identification number for the vehicle or all of the following fields e Year e e Model e Body e Usage Valuation Source Select the valuation source from the adjoining drop down list The options are e INTERNAL e NONE Select INTERNAL if you wish the evaluation to be done by interfacing with an external agency Status Select the status from the adjoining drop down list The options are e REQUIRED e PENDING e COMPLETED e NOT REQUIRED e NOT AVAILABLE The evaluation will be done only if the valuation source is selected as INTERNAL and the status is RECOMMENDED For any other combination of values for the two fields the system will display an error message and will not proceed with the evaluation till the values are set as sp
36. First Name Account Details Nationality Middle Name Account Branch Language Last Name Account Class SSN Salutation Mr Account Number Customer Category Gender maie a m Birth Place Power of Attorney Birth Country Home Phone 150 Date of Birth Power of Attorney Home Phone Mothers Maiden Name Holder Name Work Phone ISD Marital Status Mared Address Work Phone Mobile ISD Code Country Mobile Number Corporate Details Nationality lr FaxISD Code Date Telephone ISD Code Fax Capital Telephone Number Email Net Worth Corporate Details Passport Number Business Description X 4 1 Documents KYCReview CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer AccountFields The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not Click Review button to view all customer information and perform KYC and SDN checks KYC Review Application Number Customer No KYC Review Details Local Branch KYC Internal Status First Name KYC Internal Remarks Middle Name KYC Extenal Status Last Name Date of Birth 1981 05 18 KYC Extenal Remarks Country GB SDN Status Nationality GB SDN Remarks 299 ORACLE The KYC Review Screen STSKYCMN and SDN Review Screens ORSSDNMN are displayed Maintenan
37. Logical Operators Select the logical operator to be used to define the conditions for generating override messages You can select lt gt lt gt gt lt AND or OR Viewing Override Summary You can view a summary of the overrides in Override Maintenance screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSOVDMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 218 ORACLE Override Maintenance x Authorization Status X Record Status Process Code 29 Application Category aa Records perpage 15 1 Of 1 Authorization Status Record Status Process Code Application Category You can specify any of the following details to search for a record e Authorization Status e Record Status e Process Code e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen 2 11 Maintaining Document Checklist and Advices You can maintain the list of documents that are required during the finance origination process in Documents and Advice Maintenance screen Document checklists are maintained for an application category and for the various stages in the origination process You can also maintain the details of the Advices that
38. MIS Finance Fields Prev Remarks Remarks Audit The following details related to the customer can be captured here 28 ORACLE 2 16 21 e Verification Type e Verification agency You can view the investigation report associated with the customer by clicking the Report button Comments Tab In this tab you can capture the comments by the users Islamic Tawaroog Undewriting potas FX New Enter Query Workflow Reference Priority Low Application Category Lead Id Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry Application Date Applicant Details Type Primary Y Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments 101 Serial No Comments x Comment By Comment Date Documents KYCReview CustomerDedupe Finance Dedupe CustomerMIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit You can capture the following details Comments Specify comments if any to be associated with the finance application Comment By The system defaults the name of the commenter Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon
39. ORACLE Tawarooq Creation User Guide Oracle FLEXCUBE Universal Banking Release 12 0 3 0 0 Part No E53393 01 April 2014 Tawarooq Creation User Guide April 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 intended for use in any inherently dan
40. S MIS Group MIS Group MIS GRP1 Transaction MIS 1 Composite MIS PAUL Transaction MIS 2 Composite MIS 2 Transaction MIS 3 Composite MIS 3 Transaction MIS 4 Composite MIS 4 Transaction MIS 5 Composite MIS 5 Transaction MIS 6 Composite MIS 6 Transaction MIS 7 Composite MIS 7 es ite AIS 2 16 15 2 Capturing Loan UDF Details Fund MIS MIS Group MIS Group Fund MIS 1 Fund MIS 2 Fund MIS 3 Fund MIS 4 Fund MIS 5 Fund MIS 6 Fund MIS 7 To Group You can capture the Finance UDF details by clicking Finance Fields button in Tawarooq Finance Underwriting screen 2 78 ORACLE The Finance UDF screen gets displayed where you can capture the details Loan Fields Loan Account 000MUS1120650225 Loan Account Branch 000 Number IslamicMusharakaAccou Product Code MUS1 haracter Fields TESTI ie vv Dv og o 2 16 16 Ratios Tab In the Ratios tab the system calculates the stated and actual income debt ratios and also calculates the ratio based on What if payment amount Islamic Tawarooq Undewriting New Enter Query Workflow Reference Priority Low Application Category Lead Id Product Code Enquiry ID Description Application Branch Application Date Applicant Details Type Primary Local Branch Customer No Stated Actual Monthly Income Monthly Income Monthly Debt Monthly
41. The system displays all the customers associated with the finance application with internal status displaying whether the customer information is available or not 262 ORACLE Click Review button to view all customer information and perform KYC and SDN checks KYC Review Application Number KYC Review 100 Internal Internal Remarks Exter Customer No FirstName Last Name Date of Birth Country The KYC Review Screen STSKYCMN and SDN Review Screens ORSSDNMN are displayed KYC Maintenance Summary X Save Export amp Refresh Reset 4 Clear All Case Sensitive Authorization Status Record Status KYC Reference 2 Full Name of Customer a cl Customer Type Risk Level Records perpage 15 10f y Authorization Status Record Status KYC Reference Full Name of Customer KYC Customer Type Risk Level E Authorized Open E05ZKYC073310004 JOHN Corporate Customer Low E Authorized Open E05ZKYC08339000H CANARA BANK Financial Customer Low Authorized Open EU05ZKYC083440001 MATHEW HAYDEN Retail Customer Low E Authorized Open E05ZKYCO73310007 OFSS Corporate Customer Medium F Authorized Open E05ZKYC080020000 VAVXV Corporate Customer Low Authorized Open E05Z2KYC08337000D MATHEW HAYDEN Retail Customer Low A Authorized Open E05ZKYC073310005 HDFC BANK Financial Customer Low A Authorized Open E05ZKYCO733
42. arah Istisna Mudarabah Murabaha Musharaka 2 18 ORACLE 2 10 e Tawarooq Stage Select the stage of the finance origination process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Description Specify a suitable description for the finance origination stage Overrides Here you can capture the details of the conditions to be checked for generating override messages Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Error Code Specify the error code to be used to generate the override message or select the error code from the option list provided Error Parameter Specify the error parameter to be substituted in the override messages Elements Specify the data elements to be used to define the conditions for generating override messages or select the element from the option list provided Functions Select the mathematical function to be used to define the condition from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the conditions for generating override messages Operators Select the mathematical operator to be used to define the conditions for generating override messages You can select or f
43. ation Entry External Credit Check Required Es RMID RMName m Country Nationality Language SSN Customer Category Financial Currency Group Code Home Phone ISD Home Phone Work Phone ISD Work Phone Mobile ISD Code Mobile Number Fax ISD Code First Name Middle Name Last Name Salutation Gender Birth Place Birth Country Date of Birth Mothers Maiden Name Marital Status Married Dependents Corporate Details Date Account Details Account Branch Account Class Account Number Power of Attorney Holder Name Address Country Nationality Telephone ISD Code Power of Attorney Fax Email Passport Number Capital Net Worth Business Description Telephone Number Corporate Details m Documents Customer Finance Dedupe Customer MIS Customer Account MIS Customer Account Fields Previous Remarks Remarks Audit The details related to the finance application entry are displayed in this screen which can be verified by the verifier The details cannot be modified in this stage but comments can be added appropriately On completion of this stage the advices that are maintained for the stage are generated The verifier can either send the application back to the previous stage if the information provided is not adequate or can cancel it if the information captured is not satisfactory If the application details are ver
44. auto decision The score is maintained based on the Risk Factor maintained in Rule details screen Auto Decision Specify the auto decision to be made for each credit score You can maintain the maximum credit scores for each of the following decisions e Auto Approved e Recommend Approval e Recommend Reject e Auto Rejected While creating finance based on the applicant s credit score and auto decision mapping maintained in here the system decides whether to approve reject recommend approval or recommend rejection of the application Viewing Credit Rule Summary You can view a summary of the credit rules in Rule Maintenance screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSRULMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Rule Maintenance Authorization Status Record Status Rule Id 28 Advanced Search Records perpage 15 v 1 Ot 1 Authorization Status Record Status Rule Id Account Description You can specify any of the following details to search for a record e Authorization Status 218 ORACLE 2 7 2 7 1 e Record Status e Rule ld Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Credit Ratios You can maintain the rules to calc
45. ce Summary Case Sensitive Authorization Status KYC Reference KYC Customer Type Records per page 15 Authorization Status Authorized Authorized Authorized mmm Authorized Authorized F Authorized F Authorized F Authorized Authorized F Authorized T Authorized Authorized F Authorized F Authorized F Authorized Alias Names Summary 4 10f y bal Record Status Open Open Open Open Open Open Open Open Open Open Open Open Open Open Open T Advanced Search Reset Name Country Records perpage 15 v Save Export amp Refresh 49 Reset 4 Clear All Go m E05ZKYCO073310004 E05ZKYC08339000H E05ZKYC083440001 E05ZKYC073310007 052 08002000 E05ZKYC08337000D E05ZKYCO073310005 E05ZKYC073310005 E05ZKYCO07334000A E01ZKYC073340001 E05ZKYC08338000F E05ZKYC08338000G E05ZKYC08344000J E05ZKYC08344000K E05ZKYC08344000L Record Status Full Name of Customer Risk Level Full Name of Customer JOHN CANARA BANK MATHEW HAYDEN OFSS VAVAV MATHEW HAYDEN HDFC BANK BANK MATHEW HAYDEN AMANTIKA MATHEW HAYDEN JOHN MATHEW HAYDEN MATHEW HAYDEN MATHEW HAYDEN KYC Customer Type Corporate Customer Financial Customer Retail Customer Corporate Customer Corporate Customer Retail Customer Financial Customer Financial Customer Reta
46. ch CustomerNo x Default ShortName CustomerName Responsibility Liability RMID RMName m Country First Name Power of Attorney Nationality Middle Name Power of Attorney Language LastName Holder Name SSN Salutation mr Customer Category Gender Male Financial Currency Birth Place Country Group Code Birth Country Nationality Home Phone ISD Date of Birth Telephone ISD Code Home Phone Mois Mad NENG Telephone Number Work Phone ISD Marital Status Married Account Details Work Phone a Mobile ISD Code adn Account Branch Mobile Number Corporate Details Account Class Fax ISD Code Date Account Number Fax Capital Email Net Worth US Resident Status Passport Number Business Description v Permanent LIS Resident m Documents Review CustomerDedupe FinanceDedupe CustomerMIS CustomerAccountMIS Customer AccountFields Vehicle Evaluator s Previous Remarks Remarks Audit The verifier can choose to send the application back to the previous stage if the information provided is not adequate or choose to cancel it if the information captured is not satisfactory If the applicant application and document details are verified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select RETURN to return the process to underwriting
47. cial Currency Specify the financial currency or select the financial currency from the option list provided Mobile ISD Code Specify the international dialling code for the mobile number of the customer The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Mobile Number Specify the mobile number of the customer Telephone ISD Code Specify a valid international dialling code for the telephone number of the customer The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Landline Number Specify the landline number of the customer E mail Specify the E mail address of this customer Fax ISD Code Specify the international dialling code for the fax number of the customer The adjoining option list displays valid ISD codes maintained in the system Select the appropriate one Fax Specify the fax number of the customer 2 89 ORACLE Retail First Name Specify the First name of the customer Middle Name Specify the Middle name of the customer Last Name Specify the Last name of the customer Salutation Select the salutations of customer from the drop down list provided The following options are available e Mr e Mrs e Miss e Dr Gender Select the gender of the customer from the drop down list provided The following options are available e Male e Female Birth Place Specify the birth place of
48. core calculation formula You can select lt gt lt gt gt lt AND or OR ale ORACLE 2 5 3 2 5 4 Specifying Credit Grades You can maintain different credit grades based on the credit scores obtained Click Rating button in Rule Details screens to invoke the Rating screen where you can maintain these details Rating Rating 1 Of 1 E Sequence Number You can specify the following details here Sequence Number The sequence number is automatically generated by the system Score Specify the score associated with a credit risk Grade Specify the credit grade based on the score obtained Specifying Auto Decision Details While creating finance you need to decide whether the applicant is eligible to receive finance from the bank Auto Decision feature in Oracle FLEXCUBE decides whether to approve or reject an application It also gives the stipulations or reasons for the decision To use this feature you need to maintain the Auto Decision details in Auto Decision screen Auto Decision x 10f1 v Serial Number Score Credit Decision P 1 Recommend Reject Specify the following details 218 ORACLE 2 6 Serial Number The system displays the serial number Score Specify the maximum credit score of the finance applicant for the system to make the corresponding
49. dit rating rule Description Specify a suitable description for the credit rating rule Type Select the type of the finance from the following options available e Retail e Corporate 2 51 Main Tab You can maintain the following details in this tab Question Details Question Id The question Id is automatically generated by the system 219 ORACLE 2 5 2 2 5 2 1 Category Select the category to which the question belongs from the option list provided Question Specify the question to be asked to the prospective customer to derive the credit rating score Answer Details Sequence Number The sequence number is automatically generated by the system Possible Answer Specify a set of possible answers to be associated with a question Score Specify the score associated with an answer Risk Factor Tab You can specify the risk details associated with the finance and also indicate the formula for calculating the credit score in this tab Rule Maintenance FX New Enter Query Rule Id F New Route Account Description Type Retail Main REAGO Risk Factor 10f1 Risk Id Account Description Formula Formula Rating Auto Decision Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details here Risk Id Specify a unique identifier for the credit risk being maintained Description S
50. e Required e Pending e Completed e Not Required e Not Available The evaluation will be done only if the external agency has been specified and the Recommended field has the value Recommended status is RECOMMENDED For any other combination of values for the two fields the system will display an error message and will not proceed with the evaluation till the values are set as specified above After entering the required details select VERIFY as the Outcome and click Save If you have indicated that evaluation should be done you will not be allowed to select PROCEED or CANCEL as the Outcome till the verification has been successfully done The system will display a message stating that the task is successfully completed on saving the record To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task which will be the underwriting stage again The system displays the information message as xxx 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
51. e details on capturing Collateral details refer the chapter titled Maintaining Collat eral Details in Enterprise Limits and Collateral Management user manual 2 95 ORACLE 2 16 11 Comments Tab In this tab you can specify comments if any related to the finance application Islamic Tawaroog Application Entry H save lt i Hold Application Category TAWC1 Lead d Application Number IslamicTawarooqAccou Product Code TAW1 IRE Enquiry ID z User Reference OOOTAW11100400C Description Tawaroog Auto Disburs 9 Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Comments Comments 1 Of 1 SerialNo Comments CommentBy Comment Date Documents CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks Audit You can specify the following details here Sequence Number The sequence number is automatically generated by the system Comments Specify comments if any to be associated with the finance application Comment By The system defaults the name of the commenter Comment Date Specify the date on which the comment was given or select the date by clicking the Calendar icon 2 96 ORACLE 2 16 12 Capturing Document Details You can capture the
52. earch for a record e Authorization Status e Record Status e Group Id Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen aly ORACLE 2 9 Maintaining Override Details You can maintain the formulae to verify if overrides need to be generated dynamically in Override Maintenance screen You can invoke this screen by typing ORDOVDMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Override Maintenance E New amp Enter Query Process Code Application Category Stage Description Overrides 101 Sequence Number Condition Error Code F New Route Type Retail M Error Parameter You can specify the following details in this screen Elements Index Functions Braces Operators Logical Operators Maker Date Time Checker Date Time Mod No Record Status Authorization Status Process Code Specify the process code of the process for which you wish to maintain override conditions or select the process code from the option list provided Application Category Specify the category to which the finance application belongs or select the application category from the option list provided Type Select the type of the finance from the following options available Retail Corporate lj
53. ecified above After entering the required details select VERIFY as the Outcome and click Save If you have indicated that evaluation should be done you will not be allowed to select PROCEED or CANCEL as the Outcome till the verification has been successfully done The system will display a message stating that the task is successfully completed on saving the record To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Click Ok to proceed to the next stage which will again be the underwriting 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 Tawarooq Finance Underwriting Stage screen 200 ORACLE 2 16 14 The system will invoke the external valuation agency for vehicle evaluation You can view the details in the collateral tab In
54. ect the mathematical operator to be used to define the pricing details formula You can 3 6 6 GG select f Logical Operators Select the logical operator to be used to define the pricing details formula You can select lt gt lt gt gt lt AND or OR 228 ORACLE 2 16 Based on the formula and the finance application category the system automatically applies a price ID to the application You can apply a different price ID that matches the application only at the Underwriting Stage If you change a price ID selected by the system and reapply a different price ID the system changes the score of the pricing rule The score determines the price ID to be automatically applied Offer Click Offer button to define the offers for pricing ID Offer Details 10f1 V Sequence Number ScoreFrom ScoreUpTo Rate No of Installments Frequency Units 1 Monthly Based on the score and the finance application category the system automatically applies a price ID to the application You can apply a different price ID that matches the application only at the Underwriting Stage Sequence Number The system displays the sequence number Score From Specify the minimum score range for the offer Score Up To Specify the maximum score range for the offer Rate Specify the loan rate for the loan No of Installments Specify the Number of Loan Installmen
55. ed Review Underwriting Collateral Valuation Information Applicant Financial Ratios Applicant Credit Score Applicant Bureau Report Finance Offers Finance Schedules FINANCE Charges Field Investigation Document Capture Finance Approval Information captured during Previous stages are verified Advice Generation Document Verification Information captured during Previous stages are verified All documents obtained are verified against checklist Customer Customer Account Contract Collateral Creation Customer Creation Sen ORACLE Customer Account Creation Finance Account Creation Collateral Creation e Sale Confirmation e User Acceptance e Disbursement of Tawarooq e Manual Liquidation The various tasks carried out in these stages will be explained in detail in the subsequent sections 2 16 1 Process Flow Diagram The process flow diagram given below illustrates the activities carried out during the different stages of the workflow ius ORACLE aun dE tee over E 57 gt i 4 iV n 2 16 2 Process Matrix The process matrix given below lists out the different stages the user role handling each stage the function Ids involved and the exit points for each stage 2 98 ORACLE Stage Stage Title Description Function Id Exit point 1 Application Entry T
56. ed Currency Rate LoanType VehicleLoan Requested Amount Tenor In Months Loan Purpose P Vehicle Details Vehicle Type Four Wheeler Purchase Type New Requested CASA Details Type of Account Current Account Purpose of Account C Overdraft Limit Required Documents Conversation Date Time Mod No Checker Record Status Date Time Authorization Status You can capture the following details here Currency Specify the finance currency preference of the customer or select the currency from the option list provided Requested Amount Specify the finance amount requested by the prospective customer EMI Amount Specify the preferred EMI amount of the prospective customer Tenor in months Specify the preferred finance tenor in months of the prospective customer Rate Specify the preferred profit rate of the prospective customer Viewing Finance Prospect Summary You can view a summary of the prospective finance customers or the borrowers in Finance Prospect Details screen You can also query for a particular record based on desired search criteria 28 ORACLE You can invoke this screen by typing ORSLEADM in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Loan Prospect details Authorization Status Record Status Lead Id 28 Date of Enquiry Advanced Search Records per page 15 1 Of 1 Authorization Stat
57. edupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks Audit You can specify the following details here Liability Details Liability Number Specify the Liability Number If the Liability Number is customer group then all customers under this group should have same Liability Number Liability Name Specify the Liability Name here A maximum of 35 characters are allowed in this field Liability Branch Specify the branch in which liability is associated Liability Currency Specify the currency with which the liability is associated This cannot be changed post authorization Overall Limit Specify the overall limit amount for that liability Value entered in the field will be in the currency stated above If liability is of customer group then overall limits stated will be common to all the customers 2 90 ORACLE Line Details Line Code Specify the Line Code to which the liability ID is to be associated with Allocating credit limits for the Line Liability combination can be done The customer s who fall under this Liability Code will in turn avail credit facilities under this Credit line By linking a Credit Line to a Liability code the customer also gets linked to the Credit Line This is true because a Liability code has been assigned to every credit seeking customer and the credit facilities granted to the customer are defined and tracked against this code Line Serial Eac
58. ence in the three Address lines provided Width Specify the width of the customer s residence Length Specify the length of the customer s residence Occupancy Specify the number of people who occupy of the customer s residence Requested Tab The details related to the requested finance corresponding to the Lead Id selected are displayed in this tab You can modify these details if required If you have selected an Enquiry d ORACLE ID for the customer then the requested details that have been stored for the corresponding finance proposal are displayed here Islamic Tawarooq Application Entry save lt i Hold Application Category s Lead Id as Application Number IslamicTawaroogAccou Product Code E Enquiry ID laz User Reference _ Description il Default Application Priority Low X Application Branch 000 Application Status Application Enty Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Comments Requested Details i Requested Currency No of Installments Financing Against Salary Requested Amount Frequency Financing Purpose iei Profit Rate Unit Daily Y Tenor In Months 12 Hamish Jiddayah Itemization Details 10tf1 E3 Serial No Itemization Amount Comments v i gt Documents CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS C
59. ender Male E Power of Attorney Birth Country Home Phone ISD Date of Birth Power of Attorney Mothers Maiden Name Holder Name TERMER Marital Status Married Address Work Phone Mobile ISD Code Dependent Country Mobile Number Corporate Details Nationality Fax ISD Code Date Telephone ISD Code Capital Telephone Number Email Net Worth Corporate Details Passport Number Business Description Passport Issue Date Cni US Resident Status Documents CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer AccountFields Previous Remarks Remarks The Application Number is automatically generated by the system You can capture the following details in the main screen Application Category Specify the finance application category to be used or select the application category from the option list provided Product Code Specify the Tawarooq product to be used for initiating the finance or select the product code from the option list provided 2 98 ORACLE 2 16 3 Branch Code The system displays the branch code here Lead ID Specify the lead Id of the finance applicant or select the lead Id from the option list provided Enquiry ID Specify an enquiry Id if you wish to retrieve information on the finance offer selected by the customer You can also select the ID from the adjoining option list The list contains all the Enquiry I
60. erate this report in PDF or RTF formats Contents of the Report This report contains the following details of the finance account Field Description Financing Application Number The application number of the finance Approved Financing Amount The amount approved for the finance Tenor In Months Tenor in terms of months Applied On The date of application of the finance Profit Rate The rate of profit applicable on the finance 222 ORACLE 2 12 Viewing Document Checklist Summary You can view a summary of the document checklists and advices in Document Details Screen You can also query for a particular record based on desired search criteria You can invoke this screen by typing ORSDOCMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Documents Details S Search Advanced Search 9 Reset D Clear All Case Sensitive Authorization Status Record Status Process Code ka Application Category Records per page 15 Authorization Status Record Status Process Code Application Category You can specify any of the following details to search for a record e Authorization Status e Record Status e Process Code e Application Category Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen 2 13 Maintaining
61. ere Ratio Type Select the type of the ratio being maintained from the drop down list provided The following options are available e Stated Before e Stated After e Actual Before e Actual After Condition The condition specified using the Elements Functions Operators etc gets displayed here Elements Specify the data elements to be used to define the formula for credit ratio calculation or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the credit ratio calculation formula Operators Select the mathematical operator to be used to define the credit ratio calculation formula You can select or f Viewing Credit Ratio Summary You can view a summary of the credit ratios in Credit Ratio Maintenance screen You can also query for a particular record based on desired search criteria 2 16 ORACLE You can invoke this screen by typing ORSRATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Credit Ratio Maintenance Authorization Status Record Status Group Id 28 Advanced Search Records per page 15 Authorization Status Record Status Group Id Description You can specify any of the following details to s
62. ernal 210 ORACLE Credit engine obtains information from customer and calculates credit score and displays system recommendation Islamic Tawarooq Undewriting E New amp Enter Query Workflow Reference Priority Low Application Category Lead ld Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry Application Date Applicant Details Type Primary Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral KAG Fy Bureau Ratio Financing Component Charge Investigation Comments Internal Credit Rating Rule Id 1 0f1 Grade Category Question Score e Tem ET Risk Factor Details 10f1 Risk Factor Description Documents Review CustomerDedupe Finance Dedupe CustomerMIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit The set of questions used to assess the credit rating of a prospective finance customer associated Rule Id are displayed in this screen You can specify the following details here System defaults the Category and Question as maintained in the Rule You can select the Answer from the option list Click Calculate button to calculate the credit score and the grade based on the formula mai
63. following details need to be maintained for originating a Tawarooq e Finance Application Capture e Application Verification e Application Management Verification Configurable e Internal Blacklist Check e External Blacklist Check e Underwriting Credit Evaluation e Finance Approval e Document Verification e Finance details upload e Sale Confirmation e User Acceptance e Disbursement e Manual Liquidation The Tawaroog origination process flow is composed of following stages The following are different types of the asset categories in Tawarooq e Vehicle e Home e Others e ORACLE 2 3 Maintaining Finance Prospect Details You can maintain the details of a prospective borrower or a finance applicant when the borrower initially approaches the bank enquiring about the various finance products that are being offered The following details are captured as part of this maintenance e Prospective customer s personal and location details e Prospective customer s employment details e Requested finance details You can maintain the details related to the prospective customer in Prospect Details screen You can invoke this screen by typing ORDLEADM in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Prospect Details H save Lead Id TAW11 Branch 000 a3
64. gerous applications including applications that may create a risk of personal injury If you use this software or hardware in dangerous applications then you shall be responsible to take all appropriate failsafe backup redundancy and other measures to ensure its safe use Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws Except as expressly permitted in your license agreement or allowed by law you may not use copy reproduce translate broadcast modify license transmit distribute exhibit perform publish or display any part in any form or by any means Reverse engineering disassembly or decompilation of this software unless required by law for interoperability is prohibited The information contained herein is subject to change without notice and is not warranted to be error free If you find any errors please report them to us in writing This software or hardware and documentation may provide access to or information on content products and services from third parties Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third party content products and services Oracle Corporation and its aff
65. h time a customer line code combination is specified Oracle FLEXCUBE ELCM system assigns a unique serial number to the combination This serial number is unique to the line liability code combination Thus for every new record entered for a Line Liability combination a new serial number is generated The Line Liability Serial number forms a unique combination Line Branch Select the line branch code from the adjoining option list Main Line Code Specify the main line code The adjoining option list displays all valid main line codes maintained in the system You can choose the appropriate one Line Currency Specify the currency in which the facility is defined The currency that has been selected will have the following implications e limit amount that has been specified for this Line Liability combination is taken to be in this currency e The line that has been defined will be available for Utilization only in the line currency unless specified otherwise under Currency Restrictions in this screen Once the entry is authorized you cannot change the currency If the limit allotted to this Line Liability combination can be utilized by accounts and transactions in currencies other than the limit currency the limit utilization will be arrived at by using the mid rate for the currency pair as of that day Expected Limit Amount Enter the expected limit amount Collateral Amount The system displays the collateral amou
66. he tool bar to save the record The system displays the information message as xxx Acquire Successful on successful acquisition of the task Step 5 External Blacklist Check Stage The information against external KYC and SDN checks are verified in external blacklist check stage Only users belonging to the CEROLE Compliance Executive can perform this task If you have requisite rights acquire it from the list by clicking the Acquire button adjoining the desired task The following screen will be displayed eps ORACLE The task will be moved to the Assigned task list Select the checkbox against your Workflow Ref No and click Acquire button Go to the Acquired task list and double click on the record to invoke the following screen H save 4 Application Category Lead ld Application Number a Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 A Main Details Financial Requested Limit Collateral Comments Channel Required C External Credit Check i Required Lid Auto Decision Required 7 Applicant Details 10f1 Type Existing Local Branch Customer No Default ShortName Customer Name Nationalld Responsibility Liability RMID m 4 Country
67. he following details are ORDTAWAE PROCEED captured as part of this CANCEL stage Application Details Applicant Details Requested Finance Details Limits Information Collateral Details Check List User Defined Fields and Comments Document Capture 2 Application Verifica The details captured as ORDTAWAV PROCEED tion part of Application RETURN Entry stage is verified CANCEL 3 Application Man The details captured as ORDTAWMV PROCEED agement Verifica part of Application RETURN tion Entry stage is verified if CANCEL approval level is more than 1 4 Internal Blacklist The Customer details ORDTAWKI PROCEED Check captured as part of CANCEL Application Entry stage can be verified for Inter nal Blacklist check 5 External Blacklist The Customer details ORDTAWKE PROCEED Check captured as part of CANCEL Application Entry stage can be verified for Exter nal Blacklist check 6 Underwriting The following details are ORDTAWUD VERIFY 7 as part of this PROCEED siage RETURN Applicant Financial CANCEL Ratios Applicant Credit Score Applicant Bureau Report Finance Offers Finance Schedules 2 34 ORACLE Stage Stage Title Description Function Exit point 7 Finance Approval Finance Approval ORDTAWAR PROCEED RETURN CANCEL 8 Document Verifica Document Verification ORDTAWDV PROCEED tien Final Verification PEDES CANCEL Customer Creati
68. ide of the screen Search for your workflow reference number and click the Workflow Ref No to open Tawaroog Finance Underwriting screen Step 6 Underwriting In this stage the bank assesses the eligibility of the borrower for the requested finance offer based on the analysis of the borrower s financial ratios and credit scores The bank also obtains credit details from external agencies and field investigation agencies The tasks in underwriting stage are also carried out by the user role CMROLE You can key in the finance application details required in Tawarooq Underwriting screen After ascertaining the eligibility of the customer the bank provides multiple finance offers for the borrower and uses one offer chosen by the customer to generate payment schedule and schedule details The advices that are maintained for the stage are generated on completion of the stage In this stage the bank also conducts vehicle evaluation based on the details that have been captured at the Application Entry stage This evaluation can be done with details from an external agency in the collateral tab d ORACLE 2 16 13 Collateral Tab You can carry out the evaluation of vehicles in the collateral tab Here the details provided as part of the Application Entry stage are defaulted which you can modify The evaluation can be done by interfacing with external agencies Islamic Tawarooq Undewriting
69. ies Also Known As Consumer Statement Credit Scores Recent Open Chapter Chapter11 Chapter13 Chapter Chapter11 Chapter13 Chapter Chapter11 Chapter13 Total Total Total 1 Summary 2 Credit Bureau Report Application Number IslamicTawarooqAccou Customer No 00006688 Inquiries alec Finance Requested Id 7486 Bureau Code AGENT_CRISIL Report Header Bureau Credit Reportid First Name Report Date MiddleName Unique Id LastName On File Date Birth Date Best Match Auto 6M Bank 12M Card 24M Retail Total Financing Newest Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Trade Lines Credit Bureau Report Requested Id Bureau Code AGENT CRISIL Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id LastName OnFile Date z Birth Date Best Match Application Number IslamicTawaroogAccou Customer No 00006688 Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Trade Lines Bo 301 Creditors Name Status PastDueAmt Balance BalanceDate OpenDate HistoryDate HistoryData 30 60 90 Cre 219 ORACLE Public Records Credit Bureau Report x Applicat
70. ified successfully the verifier can proceed with the processing of the application by selecting PROCEED as the Outcome The verifier can select REJECT to return the process to previous stage for data correction or CANCEL to terminate the process On successful verification a message stating that the task is successfully completed gets displayed To acquire the next stage you need to go to the Task menu and select Assigned under Standard option All tasks that have been successfully completed are listed in the right side 21 ORACLE of the screen Select the checkbox against your Workflow Ref No and click Acquire button at the top of the screen to acquire the next stage of the task The system displays the information message as xxx Acquire Successful on successful acquisition of the task Step 4 Internal Blacklist Check Stage The information against Internal KYC and SDN checks are verified in Internal blacklist check stage Only users belonging to the CEROLE Compliance Executive can perform this task If you have requisite rights acquire it from the list by clicking the Acquire button adjoining the desired task The following screen will be displayed The task will be moved to the Assigned task list Select the checkbox against your Workflow Ref No and click Acquire button Go to the Acquired task list and double click on the record to invoke the following screen
71. il Customer Retail Customer Retail Customer Corporate Customer Retail Customer Retail Customer Retail Customer Date of Birth Date of Birth Risk Level Low Low Low Medium Low Low Low Low Low Low Low Low Low Low Low Once reviewed the verifier provides the review status and remarks You can perform a check on the customer record based on the KYC Review and SDN Review screens and choose the external KYC status and SDN status respectively based on the review You need to query on the records using all or a combination of the following criteria e Customer Number e First Name e Last Name e Date Of Birth 2 66 ORACLE e Country e Internal e Internal Remarks e External e External Remarks e SDN status e Review Click the Query button to view all records that match the specified criteria If the customer details do not match any of the displayed records select the action CLEARED from the drop down list adjoining the Audit button Click the Save icon in the tool bar to save the record The system displays the information message as xxx 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 s
72. iliates 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 RI E E 1 1 We dnttoduction eor He OE ne dre c RU o a NER tate 1 1 12 oo iter eet tL e eb E t OE PR Ue p 1 1 1 38 Documentation Accessibility essen 1 1 1 4 AbbteviatlOris ee tre beret eee C Pete ie re r a ea pues 1 1 1 5 Organization E E HR RN ES 1 1 1 6 Related Documents irap mee npe sedeat e 1 2 def Glossary oet ee a oet eed e eti Dto dee E eet 1 2 Tawaroog Origination Da pasa ed eee 2 1 2 1 InttoductiODi ceti eee e dnte EE Ue e tetas 2 1 2 2 sStages Im TawaroOoQ cie Ead MEE 2 1 2 3 Maintaining Finance Prospect Details sse 2 2 2 3 1 Customer iioii RU ER GEHE REL E 2 3 2 9 2 Details Tab essi ie uL dn ek Edu EY epe 2 5 2 3 3 Requested ab i es dpi t o unt denas 2 8 2 4 Viewing Finance Prospect Summary sssssssseeene eene 2 8 2 5 Maintaining Credit Rating Rules essen eene 2 9 2 551 Main Tab uoti REP E e 2 10 2 9 2 hisk Factor Tabs uei pn EHI RII PUN BH 2 11 2 5 3 Specifying Credit Grades seen 2 13 2 5 4 Specifying Auto Decision Details 2 13 2 6 Viewing Credit Rule
73. ing stage the underwriter may proceed or re apply the finance by selecting a different finance offer Any advices maintained for this stage are generated after the completion of the stage Message Generation In this stage generation of offer letter and sending the contractual agreements takes place Step 8 Document Verification Stage In the Document Verification stage the documents captured in the previous stages are verified It is ensured that all documents in the checklist maintained are obtained from the customer In this stage the application and applicant information captured as part of the previous stages undergoes a final verification Users belonging to user role CMROLE are authorized to perform these tasks 287 ORACLE You can key in the Finance application details required in Tawarooq Document Verification Screen Islamic Tawarooq Document Verification H save Application Category Lead Id Application Number Product Code Enquiry ID User Reference Description Default Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Channel KYC Required External Credit Check Required Intermediary Group Auto Decision Required a Applicant Details 10f1 55 Type Existing Local Bran
74. ion Number IslamicTawaroogAccou Customer No 00006688 Requested Id 7486 Bureau Code AGENT CRISIL Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date E Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known Consumer Statement Credit Scores Public Records 101 3 RecordType Status Amount FiledDate Satisfied Date a Collections Credit Bureau Report x Application Number IslamicTawaroogAccou Customer No 00006688 Requested Id 7486 Bureau Code AGENT CRISIL Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name OnFile Date E Birth Date Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Collections 10f1 gt HH Creditors Name Account AcctBalance HighBalance Balance Date Open Date LastActivityDate History Date COA Special 4 Fraud Messages Credit Bureau Report Application Number IslamicTawaroogAccou Customer No 00006688 Requested Id 7486 Bureau Code AGENT CRISIL Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name On File Date Bi
75. ion stage Document Details Document Category Specify the category to which the document belongs or select the document category from the option list provided 221 ORACLE 2 11 1 Document Type Specify the type of the document or select the document type from the option list provided Mandatory Select the option to indicate whether the document is mandatory or not You can select any of the following options from the drop down list provided e Mandatory e Overridden e Others BI Advices Report Name Specify the name of the advice report to be generated on completion of the process stage Template Specify the template to be used to generate the advice report Format Select the format in which the advice report needs to be generated from the drop down list provided The following options are available e PDF e RTF Locale Select the locale information to be used for generating the advices from the drop down list The following options are available e en US Process Flow BPEL Report Based on the details maintained on Documents and Advices Maintenance screen you can generate a report from any stage of the process flow To generate this report from a particular stage you need to click the Document tab at that stage Under the frame Advices you have the option to generate this report You can generate the report only if you maintain ORRPICAL_en_US rtf as the template You can gen
76. isbursement of Tawaroog Stage In this stage based on the outcome of the previous stage the disbursement of Tawarooq for the underlying asset or moving the asset to inventory is decided If sale is confirmed the system will trigger the disbursement of Tawarooq based on the value date If the sale is rejected the system will display the asset detail capture detail 290 ORACLE Step 13 Manual Liquidation Stage Manual Liquidation is possible only if disbursement is done ijarah Manual Liquidation x El save Application Number Application Date 2011 01 04 EB Status Manual Liquidation v Account ss Product Branch Code Customer Id Product Description cl Event Sequence Number Payment Details Penalty Rates Check List Value Date 2011 01 04 Main Interest Rate Mudarabah Execution Date 2011 01 04 Ex FJ Installments LBL_GROSS_PROFIT Limit Date LBL EXCESS PROFIT LBL CUST INCENTIVE LBL BANKS ADD PROFIT Payment Details 101 Go E T Reversed PaymentMode Settlement Currency Settlement Amount Financing Currency Equivalent Original Exchange Rate Exchange Rate Settlem I m r Component Details 10f1 s ComponentName Currency AmountDue AdjustmentDue AmountOverdue AmountNotDue AmountWaived Amount Capitalized AmountPaid m r Prepayment of Amortized Finance New Matu
77. llowing icons Icons Function bd Exit Add row Delete row EE Option List ORACLE 2 1 2 2 2 Tawarooq Origination Introduction The process of Tawaroog finance origination gets initiated when a prospective customer approaches the bank with a finance account opening request or when the bank approaches a prospective customer taking lead from its database In case of a bank initiated request the process moves forward only if the prospective customer is interested The entire process is carried out in multiple stages and on successful completion of each stage it moves automatically to the next stage When the customer approaches the bank for its products and offers before initiating the finance origination process the bank can create a mock proposal which would have the personal details of the customer the finance offers the customer is interested in as well as the schedules associated with the finance offer This can be stored as reference in the system to be retrieved when the actual finance process flow is initiated Stages in Tawarooq Tawarooq process flow uses Oracle BPEL framework with multiple human tasks for workflow stages The capture and enrichment of information in multiple steps can be dynamically assigned to different user roles so that multiple users can take part in the transaction Oracle Business rules are used for dynamic creation of multiple approval stages The
78. ls 10f1 Liability Type x Liability SubType Frequency Currency Amount Account Balance Start Date End Date 2 V Loan Monthly fal rj fel Asset Details Vehicle Home 10t 1 5 Make A Address Line 1 zl m Model Ife Address Line 2 cj ul 0800957 Manufacture Year Address Line 3 ia Asset Sub Type Body Width Description i Regit Length m 2 Documents CustomerDedupe Finance Dedupe CustomerMIS CustomerAccountMIS Customer Account Fields Previous Remarks Remarks Audit Income Details You can capture the following details corresponding to the finance applicant s income Income Type Select the type of income associated with the customer from the drop down list provided The following options are available e Salary e Rent e Business e Others Currency Specify the currency in which the customer draws his income or select the currency from the option list provided Amount Specify the amount that the customer draws as his income ORACLE Frequency Select the frequency at which the customer earns income The following options are available in the drop down list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly Liability Details You can capture the following details corresponding to the finance applicant s liabilities Liability Type Select the type of the liability from the following options provided in the dro
79. mer number the new customer number gets defaulted If the branch code is not specified then the application branch gets defaulted Local Branch Specify the local branch home branch of the finance applicant Select the appropriate one from the option list Customer No The system displays the customer number However you can modify it For existing customers you need to select the customer number from the option list provided Click Default button to default the details of existing customers The system defaults the customer number if the local branch is specified and the check box Existing remains unchecked Short Name Specify the short name of the applicant Customer Name Specify the customer name 2 98 ORACLE Responsibility Specify the Co Applicant s Responsibility for all parties other than primary Applicant Liability Specify the liability for all parties other than primary applicant RM ID Select the ID of the Relationship Manager from the adjoining option list RM Name Specify the name of the Relationship Manager of the finance applicant Country This is the country as given in the address of correspondence of this customer SSN Specify the SSN of the customer Language As part of maintaining customer accounts and transacting on behalf of your customer Customer Category In this category you can classify customers of your bank Nationality Specify the nationality of the customer Finan
80. nance disbursement should be carried out The following options are available in the option list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly e Bullet Frequency Specify the frequency at which the finance disbursement should be carried out Rate Specify the profit rate to be associated with the finance Rate Code Specify the rate code used to derive the profit rate or select the rate code from the option list provided Spread Specify the spread that is applicable for the finance being offered Effective Rate The effective profit rate gets displayed here based on the profit and the spread specified Default Check this box to indicate if the finance offer specified should be maintained as the default offer for the application category 25 ORACLE 2 13 2 Agency Tab In Agency tab you can capture the details of the credit rating agencies and credit bureaus that provide credit rating details for customer securities Application Category Maintenance Detail H save lt j Hold Application Category Application Type Retail X Category Description Rule Id Ratio Id Pricing Group Main Agency Credit Agency 10f1 m Agency Code Agency Name v Bureau Details 101 I v Bureau Code Bureau Call Priority v 4 x Maker Date Time Mod No
81. nch code in which the application is processed Date of Request The system displays the current system date as the date of request New Account Number The system displays the new account number Application Type Select the application type from the adjoining drop down list The available options are e Retail e Corporate e CASA e e 5 e Mudarabah e Murabaha e Musharaka Current Status The system displays the current status New Status Select the new status from the option list Conversation ID Select the conversation ID from the adjoining option list Customer Tab You can capture the following personal and geographical details related to a prospective customer Type Select the type of the customer from the drop down list provided The following options are available e Primary e Co Applicant Salutation Select the salutation preference of the customer from the drop down list provided You can select any of the following options e NMr e Mrs e Miss e Dr 29 ORACLE First Name Specify the first name of the customer Middle Name Specify the middle name of the customer Last Name Specify the last name of the customer National Id Specify the national Id or country code of the customer or select the national Id from the option list provided Short Name Specify the short name of the customer Gender Select the gender of the customer from the drop down list Date
82. need to be generated on completion of a stage in the process 240 ORACLE You can invoke Documents and Advice Maintenance screen by typing ORDDOCMT the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Document verify Maintenance E New Enter Query Process Code Application Category Process Stages Stage Stage Document Details 1 0f1 Document Category Document Type Mandatory Mandatory Bl Advices 1 0f1 m Report Name Description Template Format Locale Outcome Checklist Details Sequence Number Checklistitem Mandatory Date Time Mod No Checker Record Status Date Time Authorization Status You can specify the following details in this screen Process Code Specify the process code of the process for which you wish to maintain override conditions or select the process code from the option list provided Application Category Specify the category to which the finance application belongs or select the application category from the option list provided Stage Select the stage of the finance origination process from the option list provided The various stages can be Application Entry Application Verification Underwriting Finance Approval etc Stage Title Specify a suitable description for the finance originat
83. nent v Address Line 3 c3 Contact Number 7 Current Employment Details 10t1 41 Address Line 1 Extension mecum Address Line 2 E Contact Phone m EZ P Address Line 3 e Contact Name e ploy ype Full Time z County 22 Contact Extension Zip Comments Designation Phone Number Department oe Employee Id Documents CustomerDedupe FinanceDedupe CustomerMIS CustomerAccountMIS Customer AccountFields Previous Remarks Remarks Audit In this screen you can capture multiple address and employment details if required eM ORACLE 2 16 7 Financials Tab You can capture the financial details corresponding to the customer in this screen Islamic Tawarooq Application Entry X H save Application Category laz Lead ld PL Application Number IslamicTawaroogAccou Product Code az Enquiry ID FE User Reference Description gt Application Priority Low Application Branch 000 Application Status Application Enty Application Date 2011 01 04 Applicant Details Type Primary Y Local Branch 000 CustomerNo 000006150 Customer Name 2 Main Details Financial Requested Limit Collateral Comments Income Details 10f1 zs V Income Frequency Currency Amount V Salary Monthy ia Liability Detai
84. nt here Effective Line Amount Basis For defining drawing power of line the elements mentioned below are treated as the basis for the effective line amount calculation e Limit Amount Collateral Contribution e Maximum Credit Turnover Allowed e Minimum Limit Effective Line Amount The effective line amount basis will be validated for the following criteria e Effective line amount basis will be defaulted from the template 291 ORACLE e Effective line amount basis will be made as a mandatory field e Effective line amount basis will be allowed to change only before first authorization of line The Effective Limit Amount can be modified only before the first authorization of the Line Additional Line Amount Enter the effective line amount Pool Details Pool Code Specify the Pool Code here The pool code assigned to each collateral pool can be linked to a Liability while creating credit limits Pool Description Specify a brief description of the collateral pool here Pool Currency Specify the currency in which the Collateral Pool has to be maintained Pool Amount The entire Collateral Linked amount will be displayed in this field Pool Utilized This field displays the pool amount that has been linked to a various credit lines hence displaying the total pool amount utilized at any point in time 292 ORACLE 2 16 10 Collaterals Tab You can capture the details related to the collaterals provided by the cust
85. ntained for calculating the credit score The Grade and the Score are displayed based on this calculation en ORACLE 2 16 15 Bureau Tab You can interface with external credit bureaus and view report obtained from them in Bureau tab Based on the reports that are obtained from the external bureaus the underwriter determines whether to approve the finance to the customer or not Islamic Tawaroog Undewriting X New Enter Query Workflow Reference Priority Low Application Category Lead d Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry Application Date Applicant Details Type Primary Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Credit Score ERN Ratio Financing Component Charge Investigation Comments External Credit Rating 101 Recommended Recommended Request ID 1 Status NotRequired External Agency Remarks Score Documents Review CustomerDedupe Dedupe CustomerMIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks In the application entry stage if the external credit required flag is checked the bureau report gets generated in the underwriting stage If the credit bureau is not checked in the application entry
86. omer in this tab EL Islamic Tawarooq Application Entry H save Application Category Product Code Description Application Branch Application Date Applicant Details Type 000 2011 01 04 Primary Lead Id Enquiry ID Local Branch 000 Customer No Main Details Financial Requested Limit Collateral Comments Collateral Details Collateral Branch Collateral Id Collateral Description Collateral Currency Collateral Value Market Value Based Security Id Number Of Units Nominal Value Cap Amount Guarantor Based Guarantor Id Rating Start Date End Date Collateral Category Collateral Type Normal Linked Percent Linked Amount Haircut Haircut Schedule 1 0f 1 a Effective Date Haircut 96 Application Number IslamicTawaroogAccou User Reference Application Priority Low Application Status ApplicsionEny Customer Name Revaluate Collateral Revaluation Date ES Revision Date Charge Type X Utilization Order Commitment Product Vehicle Details Vehicle ID Vehicle Number Year Make Model Body Usage Valuation Source None Valuation Status NotRequired Covenant Details 10 1 Covenant Description Reversal Date Mandatory Due Date On m E Grace Days No
87. on Finance Account Crea tion Advice Generation 9 Customer Account The system task is used ORDTWMC PROCEED Liability Finance to create the following U Collateral Creation Customer Creation Murabaha Account Cre ation Liability Creation Collateral Creation Finance Creation 10 Sale Confirmation The outcome of the sale ORDTWSAC PROCEED confirmation of the REJECT underlying assets trig CANCEL gers the Tawaroog origi nation in the next stage 11 User Acceptance The outcome of the User ORDTWUAC ACCEPT acceptance on sale con firmation of the underly REJEGT ing assets triggers the Tawarooq origination in the next stage 12 Disbursement of If outcome of stage 11 is N A Tawarooq ACCEPT the disburse ment of Tawarooq for the underlying asset happens 13 Manual Liquidation If outcome of stage 13 ORDTWPMT PROCEED is REJECT the manual CANCEL liquidation happens The stages are explained in detail in the sections that follow Step 1 Finance Application Details Entry Stage In this stage the bank receives an application for a finance along with the relevant documents and financial statements from a prospective customer If the applicant does not have an 2 35 ORACLE account but intends to open one the bank also obtains the account opening form and related documents as part of this activity The details related to the applicant contact information employment information requested finance details
88. owing price types e Retail e Corporate e Ijarah e e Mudarabah e Murabaha e Musharaka e Tawarooq Pricing Details Specify the following details Price ID Specify a unique price ID This price ID can be applied to a finance at underwriting stage Price Description Specify a brief description of the price ID 268 ORACLE Default Check this box to set this as the default price ID for the price group that you maintain Formula Click Formula button to define the pricing rule for each price ID You can define the formula using origination system elements in Oracle FLEXCUBE Formula Maintenance 10f1 7 Sequence Number Condition Elements Index Functions Braces Operators You can specify the following details here Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Result Specify the result to be associated with the condition specified Elements Specify the data elements to be used to define the formula for pricing details or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the pricing details formula Operators Sel
89. p down list e Finance e Lease e Rent e Others Liability Sub Type Specify the sub type corresponding to the liability Frequency Select the frequency at which the customer pays his liability amount The following options are available in the drop down list e Daily e Weekly e Monthly e Quarterly e Half Yearly e Yearly Amount Specify the amount that the customer pays as his liability Account Balance Specify the balance associated with the liability account Start Date Specify a start date for the liability or select the start date by clicking the Calendar icon End Date Specify an end date for the liability or select the end date by clicking the Calendar icon Asset Details Type Select the type of the asset from the following options available in the drop down list e Vehicle 2 46 ORACLE 2 16 8 e Home e Others Asset Sub Type Specify the sub type associated with the asset Description Specify a suitable description for the asset type Asset Value Specify the value associated with the asset Vehicle You can specify the following details for the asset type Vehicle Make Specify the make of the vehicle Model Specify the model of the vehicle Manufacturing Year Specify the year of manufacture of the vehicle Body Specify the body details of the vehicle Reg Specify the registration number of the vehicle Home Address Line 1 3 Specify the address of customer s resid
90. pecify a suitable description for the credit risk Specifying Formula Details You can specify the formula to calculate the credit score by clicking the Formula button corresponding to a credit risk entry in Risk Factor tab The Formula screen is displayed 2 ORACLE where you can specify the condition for calculating the credit score associated with a risk condition Formula 101 Sequence Number Condition Elements Index Functions Braces Operators Logical Operators You can specify the following details here Sequence Number The sequence number is automatically generated by the system Condition The condition specified using the Elements Functions Operators etc gets displayed here Result Specify the result to be associated with the condition specified Elements Specify the data elements to be used to define the formula for credit score calculation or select the element from the option list provided Functions Select the mathematical function to be used to define the formula from the drop down list provided Braces Select the opening or the closing brace from the drop down list provided to define the credit Score calculation formula Operators Select the mathematical operator to be used to define the credit score calculation formula You can select or f Logical Operators Select the logical operator to be used to define the credit s
91. rity Date E Prepayment of Simple Finance Recomputation Basis Em LBL NEXT SCHEDULE D Recomputation Basis Recomputation Effective Value Date Olt Moti Dele New Maturity Date From Old Maturity Date 155 Fields Previous Remarks Remarks Audit Note This screen is identical to the Cl Payment Detailed screen of Oracle FLEXCUBE Refer the chapter titled Operations in the Islamic Financing User Manual for further details about the other fields in the screen If everything is found acceptable select the action PROCEED in the textbox adjoining the Audit button in this screen and the process is completed Otherwise the process displays the following screen If everything is found acceptable 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 The following screen will be displayed 2e ORACLE 3 Function ID Glossary ORDTAWAE 2 36 ORDCATMT 2 24 ORSCATMT 2 27 ORDDOOMT 2 21 ORSDOCMT 2 23 ORDLEADM 2 2 ORSLEADM 2 9 ORDOVDMT 2 18 ORSOVDMT 2 19 ORDPROMT 2 27 ORSRATMT 2 17 ORDRATMT 2 15 ORSRULMT 2
92. rt was issued E mail Specify the e mail Id of the prospective customer Dependents Specify the number of dependents for the customer Marital Status Select the marital status of the prospective customer from the drop down list The following options are available e Married e Unmarried e Divorcee Details Tab You can capture the address and employment related details of the prospective customer in Details tab Prospect Details H save Lead Id TAW11 Branch 000 Application Type Retail Description coi Date of Request 2011 01 04 Current Status NEW New Account Number New Status Request ID Conversation ID a7 Channel FLEXCUBE Promotion Code Applicant Details Type Primary Customer Name Main Details Financial Requested Address Details 101 E Address 1 Pin Code Address T Address 2 Contact Number AO Address 3 Country Permanent meen C Current Employment Details 10t 1 19 Address 1 Extension Address 2 Contact Phone Employer a Address 3 Contact Name EmploymentType Full Time permanent _ Miliad Contact Extuntion Occupation D Country Department Designation T Pin Code Comments Employee Id Phone Number Business Details Type of Business Currency Name of Business Annual Turnover Type of Ownership Others Documents Conversation
93. rth Date 0 Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Fraud Messages 10f1 bl Product Message 2 76 ORACLE Inquiries Credit Bureau Report Inquiries 101 Inquirer Inquirer Subscriber amp Inquirer Industry Code Application Number IslamicTawaroogAccou Customer No Requested Id 7486 Bureau Code Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id Last Name File Date Birth Date Inquiry Date 00006688 AGENT_CRISIL Best Match Rate Shopping Duplicate summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Also Known As Application Number IslamicTawaroogAccou Requested Id 7486 Report Header Bureau First Name MiddleName LastName Birth Date Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Also Known As 101 FirstName LastName Suffix Spouse First Name Customer No 00006688 Bureau Code AGENT_CRISIL Credit Report Id Report Date Unique Id On File Date Best Match m gt Consumer Statements Credit Bureau Report Cus
94. 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 Tawarooq Document Verification Screen If you have checked the option Auto Decision Required during Application Entry stage the based on the applicant credit score auto decision mapping maintained in Auto Decision screen the system decides whether to approve the finance or not The system makes one of the following decisions in that case e Auto Approved e Recommend Approval e Recommend Reject e Auto Rejected If the auto decision made by the system is Auto Approval you can skip the finance approval stage If the auto decision made by the system is Recommend Approval or Recommend Reject you need to manually verify and confirm the decision at this stage If the auto decision made by the system is Auto Reject then the application moves back to the application entry stage If any price group is associated with the application category then the system will apply auto pricing after proceeding the Application Entry stage by considering the default Price ID linked to the pricing group Further based on the selected finance offer the finance is applied and schedules are defaulted However at underwrit
95. stage for data correction or CANCEL to terminate the process On successful completion a message stating that the task is successfully completed gets displayed The customer customer account collateral etc are created in the system on completion of the Document verification stage Step 9 Finance Application Details Upload In this final stage the finance and collateral are created Customer is also created if the applicant is a new customer Customer account is also created if information is captured for the same The system creates a Customer Finance Collateral Facility Account in Oracle FLEXCUBE with details captured from previous stages A user in manager level role handles this stage The creation of customer collateral and finance can be verified in ORDTWMCU screen 288 ORACLE If everything is found acceptable 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 The following screen will be displayed Step 10 Sale Confirmation Stage In this stage the sale confirmation of the underlying assets generate the Tawarooq origination through Tawarooq Sale Confirmation screen Tawarooq Sale Confirmation o save Application Number Application Date 2011 01 04 Application Branch 000 Status Sale Confirmation Branch 000 Account Sale Date 2011 01 04 Remarks gt Tawarooq Dealer
96. t Name Due Date Amount Due Component Currency t Effective Date Amount Waived Documents KYCReview CustomerDedupe FinanceDedupe CustomerMIS MIS Customer AccountFields Vehicle Evaluator Bureau Report m Finance MIS Finance Fields Prev Remarks Remarks Audit The system calculates and displays the charge details associated with the finance The following details are displayed e Component Name e Event Code e Associated currency e Amount Waive Check this box to waive the charges associated with the finance 2 16 20 Investigation Tab In this tab the system captures the field investigation details associated with the customer Islamic Tawaroog Undewriting E New Enter Query Workflow Reference Priority Low Y Application Category Lead Id Application Number Product Code Enquiry ID UserReference Description Application Priority Low X Application Branch Application Status Application Entry Application Date Applicant Details Type Primary Local Branch Customer No Customer Name Main Details Financial Requested Collateral Credit Score Bureau Ratio Financing Component Charge Comments Invest 10f41 Verification Type Status internal Not Required Documents Review Customer Dedupe Finance Dedupe Customer MIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance
97. table description for the finance application category Rule Id Specify the credit rule to be associated with the application category or select the Rule Id from the option list provided Ratio Id Specify the credit ratio to be associated with the application category or select the Ratio Id from the option list provided Pricing Group Specify the pricing group to be linked to the Tawarooq application category The option list displays all valid pricing groups applicable Choose the appropriate one Main Tab You can capture the following details in the Main tab 224 ORACLE Product Details You can specify the following details related to the finance product here Product Code Specify the identification code of the finance product to be linked to the application category being maintained You can also select the product code from the option list provided Product Description The description associated with the selected finance product gets displayed here Default Check this box to indicate if the finance product selected should be maintained as the default product for the application category Other Details You can capture the additional details related to the finance product here Offer Id Specify a unique identification for the finance offer being made to the customer No of Installments Specify the number of instalments associated with the finance Units Selectthe units based on which the fi
98. tandard 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 Tawaroog Finance Application Verification screen Step 2 Application Verification Stage The information captured in the previous stage is verified in the Application Verification stage Application verification is carried out by the user role CMROLE 2 99 ORACLE You can key in the finance application details required in Tawaroog Application Verification Screen Islamic Tawarooq Application Verification H save lt i Hold Application Category Leadid Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Comments Channel KYC Required External Credit Check Required Intermediary Group Auto Decision Required Applicant Details 10f1 sm E Type Existing Local Branch Customer No Default Short Name x Customer Name Application Status Responsibility Liability Application Entry RMID RM Name m Country First Name Account Details Nationality Middle Name Account Branch Language LastName Account Class SSN Salutation Mr Account Number Customer Category Gender Male p 4
99. tatus Check this box to indicate that the corresponding director is a permanent US resident Visited US in last 3 years Check this box to indicate that the beneficial owner has visited US in the last three years Capturing Customer MIS You can capture the MIS details for the customer if any by clicking MIS button in the Application Entry screen 242 ORACLE The Customer MIS screen gets displayed where you can maintain the MIS details Customer MIS Application Number IslamicTawaroogAccou MIS Group Default From MIS Group Customer MIS Customer MIS Classes 10t1 MIS Class MIS Code Customer No 00006668 Local Branch 000 F Link to Group ChangeLog TransferLog 2 16 5 Capturing Customer Account MIS You can capture the MIS details for the Customer Accounts by clicking Customer Account MIS button in the Application Entry Screen The Customer Account MIS screen gets displayed where you can maintain the MIS details Customer Account MIS Application Number IslamicTawaroogAccou Customer 00006668 Branch Code 000 Account Account Class Currency GBP Transaction MIS Transaction MIS 1 Transaction MIS 2 Transaction MIS 3 Transaction MIS 4 Transaction MIS 5 Transaction MIS 6 Transaction MIS 7 Transaction MIS 8 0 Calc Method Rate Code
100. the collateral tab click the Evaluate button The system will check for the data within the Oracle FLEXCUBE database If there are none for the corresponding vehicle it will try to obtain the details from the external agency and display them in the Vehicle Evaluator screen Vehicle Evaluator Vehicle Details Valuation Source INTERNAL Model Identification Number Body Year Usage Make Vehicle Valuations Wholesale Value Attribute Value Retail Value Total Value Usage Value Vehicle Attributes 1010 7 Attribute Description Attribute Code Attribute Value Package Included o In this screen you can view the information available for the vehicle based on the information provided by you If the information in this screen matches the details available in the system database for the same vehicle the status is updated to COMPLETED in the collateral tab If it does not match then the status is updated to NO DATA Once the verification is completed you can select the Outcome as PROCEED and move to the next stage Note For more details on capturing Collateral details refer the chapter titled Maintaining Collat eral Details in Enterprise Limits and Collateral Management user manual Credit Score Tab The credit score tab is used to calculate the credit score details of the customer You can also interface with external Credit engines and display recommendations and report Int
101. the customer Birth Country Specify the birth country of the customer Date of Birth Specify the date of birth of the customer Mother Maiden Name Specify the mother maiden name Passport Number Specify the passport number of beneficial owner Passport Issue Date Specify the issue date of the passport Passport Expiry Date Specify the expiry date of the passport Marital Status Indicate the marital status of the customer here You may select one of the following from the list available here e Single e Married e Divorcee e Remarried e Separated ORACLE e Spouse Expired Dependents Specify the number of family members children and others who are dependent on the customer financially You can indicate any number between 0 and 99 Corporate Details Incorp Date Specify the date on which the customer s company was registered as an organization Capital Specify the particular customer s various financial details like total Paid Up capital Net Worth Specify the Net worth of the customer organization Business Description Specify the nature of the business and the business activities carried out by the customer organization Country Specify the Country of registration of the office of the corporate Power of Attorney Note Ifthe FATCA is enabled atthe bank and the check box Power of Attorney is checked here then it is mandatory to specify the Power of Attorney information
102. the schedule details ap ORACLE 2 16 18 The offers maintained at the category level is displayed in the multiple offers block The system compares the number of installments frequencies and unit with the value in the requested tab at application entry stage The rate in the offers block is compared with rate maintained in the pricing Id The system applies that offer which matches with the mentioned criteria in the offer block If the offer fails to match then a new row is added which will take its value from the pricing ID Hamish Jiddayah The system displays the calculated Hamish Jiddayah amount from the entry stage If the value is not given in the entry stage then the Hamish Jiddayah Amount gets calculated based on the Hamish Jiddayah Hamish Jiddayah The system captures the Hamish Jiddayah percentage value This value should not be a negative value However you can modify it Effective Date The system captures the effective date of user defined elements However you can modify it in the underwriting stage User Defined Element Values The system supports multiple User Defined Elements here based on the effective dates maintained UDE ID Select the User Defined Element ID from the adjoining option list Value Specify the UDE value Rate Code Select the rate code for UDE from the adjoining option list Code Usage Select the code usage from the adjoining drop down list Resolved Value The system defa
103. tice Days ii m Documents Customer Dedupe Finance Dedupe Customer MIS Customer AccountMIS Customer Account Fields Previous Remarks Remarks Audit Collateral Details Collateral Branch Select the finance applicant s collateral branch from the adjoining option list Collateral ID Select the collateral ID from the adjoining option list Collateral Description Give a brief description on the collateral Collateral Currency Select the collateral currency from the adjoining option list Collateral Value Specify the collateral value Start Date and End Date Specify the tenor of the collateral using the Start Date and End Date fields The collateral is considered effective only during this period Collateral Category Select the collateral category from the adjoining option list 2 99 ORACLE Collateral Type Select the collateral from the adjoining drop down list The options are e Market based e Guarantee e Normal Linked Percent Specify percentage of the part of the collateral amount which has to be linked to the pool Linked Amount Specify the part of the collateral amount which has to be linked to the pool Haircut Specify the bank s margin Haircut to be assigned for Collateral Haircut applied by the system as per the Haircut schedule would be displayed here Revaluate Collateral Check this box to revaluate the collateral Revaluation Date
104. tomer No 00006688 Application Number IslamicTawaroogAccou Requested Id 7486 Report Header Bureau First Name MiddleName Last Name Birth Date Consumer Statement 10f1 bl ReportedDate Text Bureau Code AGENT_CRISIL Credit Reportid Report Date Unique Id On File Date T Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores 2 77 ORACLE Credit Score Details Credit Bureau Report x Application Number IslamicTawaroogAccou Customer No 00006688 Requested Id 7486 Bureau Code AGENT CRISIL Report Header Bureau Credit Report Id First Name Report Date MiddleName Unique Id LastName OnFile Date Birth Date C Best Match Summary 1 Summary 2 Trade Lines Public Records Collections Fraud Messages Inquiries Also Known As Consumer Statement Credit Scores Credit Scores Score Model Score Factor Score 2 16 15 1 Capturing Loan MIS Details You can capture the Finance MIS details by clicking Finance MIS button in Tawarooq Finance Underwriting screen The Finance MIS screen gets displayed where you can capture the details Loan mis Application Number IslamicMudarabanAccou gt Product MUDM Loan Account Number 000MUDM12065021 Loan Branch 000 Financing Currency GBP Link To Group Related Reference Related Account Rate Type ransaction MIS Composite MI
105. ts Schedules Frequency Specify the Loan Schedule Frequency Units Specify the Loan Schedule Frequency Unit Basis Stages in Tawaroog Finance Origination The different stages in Tawaroog process flow are designed using Oracle BPEL framework The process of finance origination consists of several manual as well as system tasks carried 2 90 ORACLE out in a sequential manner Many users can be involved in the completion of a transaction and at each stage of the process a user or a group of users assigned with a task acquire and work on the relevant transaction Oracle Business rules that are embedded help the dynamic creation of multiple approval stages The different stages and sub stages in the process flow can be summarized as follows Application Entry the following details are captured in this stage Applicant Information Application details Requested Finance Details Collateral Details Checklist Documents Advice Generation Application Verification Information captured during Application Entry stage is verified Advice Generation Application Management Verification Information captured in the application verification stage is verified for the second time Internal Blacklist Check Information against Internal blacklist of customers is verified Review External Blacklist Check Information against external blacklist of customers is verifi
106. ts and based on the credit worthiness of the customer approves the finance offered to the customer You can key in the finance application details required in Tawarooq Application Approval Screen Users belonging to user role CMROLE are authorized to perform these tasks islamic Tawaroog Loan Approval H save M Hold Application Category Lead Id Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch 000 Application Status Application Entry Application Date 2011 01 04 Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments Channel KYC Required External Credit Check Required Cup Auto Decision Required Applicant Details 10f1 Bie IE Type Existing Local Branch Customer No Default ShortName CustomerName Nationalld Responsibility Liability RMID RMName a Country First Name Account Details Nationality Middle Name Account Branch Language Last Name Account Class SSN Salutation Mr Account Number Customer Category Gender Male Financial Currency Group Code Power of Attorney Birth Country P m Date of Birth Power of Attorney eee ae Mothers Maiden Name Boldachiame Work Phone ISD Marital Status Married v Address Work Phone Mobile ISD Code Country Mobile Number Corporate Details Nationality FaxISD Code
107. ulate the credit ratios in Credit Ratio Maintenance screen You can invoke this screen by typing ORDRATMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button LMC Eligibility Ratio FEX New Enter Query Group Id 4 New Route Description Type Retail v Ratio Id 10f 1 Ratio Id Description Formula e Formula Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Group Id Specify a unique identification code for the ratio group Description Specify a suitable description for the ratio group Type Select the type of the finance from the following options available e Retail e Corporate Ratio Id Specify a unique identification for the credit ratio being maintained Description Specify a suitable description for the credit ratio Specifying Formula Details You can specify the formula to calculate the credit ratio by clicking the Formula button corresponding to a ratio Id 218 ORACLE 2 8 The Formula screen is displayed where you can specify the condition for calculating the credit ratio associated with a ratio Id Formula Wizard Formula 10f1 E Type Condition Condition Builder Stated Before You can specify the following details h
108. ults the system revised UDE value Intermediary System displays the intermediary details including the compensation percentage for each Intermediary based on the Intermediary group maintained in Application Entry stage However you can modify it The payment schedules are derived based on the offer selected Note You can select only one finance offer in this screen Component Tab In Component tab the system calculates and displays the payment schedules and the schedule details based on the finance offer selected 282 ORACLE If you have selected an Enquiry ID for the customer then the schedule details that have been stored for the corresponding finance proposal are displayed here You can modify them if required E Islamic Tawaroog Undewriting E New Enter Query Workflow Reference st Priority Low Application Category Lead Id Application Number Product Code Enquiry ID User Reference Description Application Priority Low Application Branch Application Status Application Entry _ Application Date Applicant Details Type Primary X Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Charge Investigation Comments Disburse Details Component Name C Main Component 10f1 Component Currency Capitalized Liquidation Mode Auto v Waive Verif
109. us Record Status Lead Id Date of Enquiry You can specify any of the following details to search for a record e Authorization Status e Record Status e Lead ld e Date of Enquiry Click Search button to search for a record based on the search criteria specified You can double click a desired record to view the detailed screen Maintaining Credit Rating Rules You can maintain a set of questions along with a possible set of answers with associated Scores to assess the credit rating of a prospective finance customer You can also calculate the risk factor associated with the finance and arrive at a credit grade based on the scores obtained 29 ORACLE You can maintain these details in Rule Details screen You can invoke this screen by typing ORDRULMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Rule Maintenance FX New amp Enter Query Rule Id 7 New Route Account Description Type Retail Risk Factor Question Details kl al Question Id Category Question Answer Details 1 0f 1 H _ Sequence Number x Possible Answer Score Rating Auto Decision Maker Date Time Checker Date Time Mod No Record Status Authorization Status You can specify the following details in this screen Rule Id Specify a unique identification for the cre
110. ustomer Account Fields Previous Remarks Remarks Audit You can also capture the following itemization details corresponding to the requested finance Finance Requested Requested Currency Specify the currency for transaction The adjoining option list displays all valid currencies maintained in the system You can select the appropriate one Requested Amount Specify the amount requested corresponding to the itemization specified Tenor In Months Enter the tenor in months Rate Enter the profit rate of interest rate for the finance Hamish Jiddayah Specify the amount paid as Hamish Jiddayah Promotion Id Specify a unique 4 character alphanumeric code to identify the promotion in the system 2 48 ORACLE No of Installments Specify the requested Number of Finance Installments Schedules Frequency Specify the requested Finance Schedule Frequency Unit Select the requested Finance Schedule Frequency Unit Basis from the adjoining drop down list The system defaults the values of the following in the loan block in the underwriting stage e Noof installments e Frequency e Unit Financing against Salary Check this box to indicate that the finance should be associated with the applicant salary account Financing Purpose Give a brief description on the purpose of financing Itemization Details Itemization Specify the tenor itemization that is required For example you can specify the itemizations
111. y Funds Schedules 10f1 Schedule Type Schedule Flag Formula FirstDue Date No of Schedules Frequency Units Schedule Start Date EndDate Payment B X Normal BJ Monthly J aT 1 m B Documents Review Customer Dedupe Finance Dedupe Customer MIS MIS Customer AccountFields Vehicle Evaluator Bureau Report Finance MIS Finance Fields Prev Remarks Remarks Audit The following details related to the schedule are displayed here e Component name e Schedule type e First due date e Number e Frequency e Units e Amount For each component of the components listed the system calculates and displays the details like the Due Date Amount Due EMI Amount and Amortized Principal 2 16 19 Charges Tab In Charges tab the system calculates and displays charges if any applicable 288 ORACLE Islamic Tawarooq Undewriting EX New Enter Query Workflow Reference Priority Low X Application Category Lead Id Application Number Product Code Enquiry ID User Reference E Description Application Priority Low Application Branch Application Status Application Enty Application Date cation J Applicant Details Primary 4 Local Branch Customer No Customer Name Main Details Financial Requested Limit Collateral Credit Score Bureau Ratio Financing Component Charge Investigation Comments 10f1 Waive Componen

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