FinnOne Neo Corporate Collateral Management solution enables effective lifecycle management of enterprise wide collaterals and supports various collateral types including immovable property (such as land and buildings), financial products (such as fixed deposits, mutual funds, banks guarantees, securities, etc.), precious metals/ commodities, assets including commercial/personal vehicles and many other standard/non-standard securities.
The system provides end to end capabilities starting from capture of detailed information about a collateral, lien maintenance, valuations, verifications and periodic systemized reviews through to release and liquidation.
To provide unified collateral status to the lender, the customer dashboard provides a single view of all customer collaterals and accounts.
The system offers strong risk controls by providing options such as defining rules and margins at various levels to ensure automated calculation of drawing power and facility limits. The system tracks the actual exposure against the margins to prevent over pledging.
For dynamic market-linked collaterals, FinnOne Neo Corporate Collateral Management provides frequent revaluations, margin call reports and support for trigger-based notifications for related remedial actions.