It looks forward to have long term business with loyal customers and sieves out default customers. Also generates Automated letter using word interface . It happens to quite safe and relieves individuals and organizations with immense paperwork . It also helps finance companies and banks manage their business of loans against pledged financial securities including shares and debentures .
The basic features of Finance Against Securities includes Customer Relationship Management in which demographic details, Guarantor details, depository details are taken into consideration . Others are Document Tracking Charges and Fees Management for Application Processing, lodgment, withdrawals, swaps, account renewals and account closure. The Securities Basket Management comprises of types of securities, eligible factors of various companies, exposure limits, market rates, Share Capital details. The Portfolio Valuation includes Shadow evaluation, Bank Guarantees, Stock Exchange Indexes, Daily Stock Rates, etc .
The Loan Limits are based on requested amounts, credit approved amounts, portfolio valuations, documentation amounts, amount outstanding, etc .Collateral Management looks into the lodgments, withdrawals and swaps. The Custodial Services takes in consideration the power of attorney, transfers and dematerialisation. The Processes in Finance Against Securities includes market rate uploads, balance uploads, interest rate changes, interface with depository . Lastly the Sales includes broker maintenance, Suggestive basket for sale, maximum single scrip weightage, user defined choice of sale, etc. It is one of the effective Bank Management Softwares .
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