Comparing with other banking products, loans product is more complex and is one of the banking services that requires the highest level of flexibility and maturity. In the old days, a comprehensive loan system should possess the characteristics of parameter driven, table driven, modular system design, etc. Modification to the system is not required for generating new loan types, changing of interest rate, revising payment terms, etc. In the information age, the term flexibility shall mean multiple service channels such as Internet, mobile, call center, etc., and provides interface to work/flow imaging.

ecLOANS, a member of the ecBanking Suite provides all the functionalities of an advanced loan processing system, from loan origination all the way to collection of overdue payment with multi-channel service capabilities and integrated work/flow imaging mechanism. The power of ecLOANS comes from the 3-tier distributed software architecture and the rich functionalities accumulated from 2 decades of loan processing automation experiences.

With ecLOANS, you have almost all of the current loan products in the market such as commercial loans, syndicated loans, installment loans, auto-loans, mortgage loans, tax loans, personal loans, and many others.

The advanced architecture allows financial institutions to face different types of existing end-user and new devices as technology evolves (e.g. Web browsers, PDAs, mobile phones etc.) and interface the services to second-line customer services units (e.g. call center).

Integrating with ecWIS, ecSolutions' workflow and imaging solution, ecLOANS provides you ways to improve the operation efficiency in certain loan processing processes, such as loan origination, credit approval, etc. Operating rules and procedures can be defined through the use of an easy-to-use graphical interface for particular processes. When scanning a loan application form, an OCR process would be triggered to capture process-?±able?± data from the image file and pass the data directly to the backend system for processing without the need for manual input. After verification of the data accuracy against the hardcopy document, alerts will be automatically generated to alert the credit officers to perform necessary approval processes and the printing of the loan acceptance memo to the customers, etc. ecLOANS, together with ecWIS, offer stringent internal control, improved efficiency and substantial reduction in turnaround time as physical document and manual handling have been eliminated from the processing cycle.

Loans module of ecMARKfin, ecSolutions' Internet banking solution, provides a seamless integration to ecLOANS on providing a secured end-to-end Internet delivery channel. Customer can enquire the transaction history, application for revising payment terms and the due date of the coming loan payment, etc.

ecLOANS's design is customer oriented. It can be packaged with the Customer Information System, a member of the ecBanking Suite to provide a centralized view on the customer's total portfolio in the financial institutions, rendering the measure of profitability per customer, and generating consolidated statement by customer instead of by account basis.

ecLOANS also provides a customizable general ledger interface to interface with either our General Ledger module or third party financial reporting systems. You can analyze the loan portfolio of different categories, market risks and net margins, etc.

Platform Supported: Windows NT/2000, TANDEM, HP-UNIX, SCO-UNIX, RS/6000, AS/400, ES/9000
Database Supported: MS SQL 7.0, MS SQL 2000, ORACLE, DB2, Sybase, Informix, Compaq NonStop SQL/MP