FusionBanking Loan IQ -

Scripted Notices and Bills

Chandra Sekhar Pingali (Chandu)

Solutions Manager, BSGE Lending Team,

Business Solutions Group.

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Welcome to the Misys Topic Of the Month!

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2016 26/04/2016

Format

45 min presentation by Misys experts

15 min Questions and Answers

Objectives

Present product features and/or market requirements new / little known / under

spotlight

Share views and help us understanding client requirements

Frequency

Cross-product program.

For Loan IQ, on average every 2 months.

Next one in May, on Non Performing Loans

Agenda published on the Client Portal, and invitations sent 2 weeks in advance

Topics suggested by clients (can use Survey)

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Do you need more than the basic function??

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Spice up Loan IQ External Communication – Notices and Bills

3435- Configurable Notices through Scripting

01 3570 & 3519– Configurable Bills

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Configurable Notices

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› Ability to configure notices

› PDF generation of notices

› Aesthetically very rich notices

with embedded signatures

3435 – Scripted Notices

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3435: Ability to configure and customize Loan IQ Notices New Scripted Notice look & feel

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3435: Ability to configure and customize Loan IQ Notices Classic Notice look & feel

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3435: Ability to configure and customize Loan IQ Notices New notice look & feel ( Classic Notice vs New Scripted notice)

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3435: Ability to configure and customize Loan IQ Notices Functionality Summary

• Available starting Loan IQ release: 7. 3. X

• License requirements: Scripted Notices license is required.

• Update access for Scripted Notice Templates line item under Loan IQ Programming module

• User level security:

• Update access for Scripted Notice Templates under user security level is required.

• Table Maintenance updates:

• Notice template type is selected for configurable notices generation

• Branch is selected for that notice type

• Data creation:

• No specific and separate data setup is needed.

• Workflow & logic: ***************No change to business user process flow********************

• User will create a transaction

• Create a notice as a process of approving the transaction

• The notice will appear in the stylesheet specified, logic embedded and in PDF form with customized alignment

• Notices will go to recipients as PDF attachments with customizable email content

• Impact on classic functionality:

• Configurable notices overrides the classic text notices logic for the specified branch

• However, same notice can be created in text format in another branch.

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3435: Ability to configure and customize Loan IQ Notices

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• Technical Details

• Altova Style Vision tool ( optional tool- can use any other style sheet tools like Oxygen, Liquid also) is used

for generating the style sheet.

• Style sheet v.1.0 is supported by Loan IQ ( No other higher version) for formatting the notices and bills in

scripted notices approach

• All kind of formatting requirements can be addressed in style sheet.

• Business rules can also be applied using style sheet.

E.g.: 2 lines of information for borrower or 4 lines of information for lender profile,

Conditional application,

Auto calculations like division, multiplication,

Basic algorithms

• X query, Java Script or Java can be used for business rules for complex scenarios.

• Newly generated Scripted Notices are saved in

• Loan IQ Database in VLS_FAX_XML_ITEM table in the encoded format

• Scripted notices will generate during auto generation of transactions

• Limitations

• Scripted notice has to be designed , developed entirely and old text template can not be used or extended in

this approach

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3435: Ability to configure and customize Loan IQ Notices Altova – Style sheet generation tool look & feel

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3435: Ability to configure and customize Loan IQ Notices Altova – Style sheet generation tool look & feel

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3435: Ability to configure and customize Loan IQ Notices Business Example -1

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• Customized Content:

Loan Increase Intent Scripted notice with Global Original, Global

Current Loan amounts after increase of Loan.

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3435: Ability to configure and customize Loan IQ Notices Business Example -2

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• Flexible Notice format- Classic & Scripted Approach at a time:

A borrower Notice can be aesthetically rich using new Scripted Notice

approach with a different template / data where as Lenders can still get

the classic notice in text format in the same transaction.

It means new solution allows you to use different notice formats for

borrowers and lenders within the same transaction at same time for

notices.

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3435: Ability to configure and customize Loan IQ Notices Business Example- 3

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• Additional Information from Database:

1) A notice with pending PIK payment details for the same borrower in the same loan to

reflect the details instead of manual modification

2) Fee Payment notices details with Commitment Fee calculation information instead of

current manual addition of detailed calculation details by business users

3) A very detailed notice with custom calculations, repayment schedule projection

information and signatures of the bank authorized signatories

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3435: Ability to configure and customize Loan IQ Notices

A complex notice – Business Example 3

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Adding configurability to Loan IQ communication

3435 – Configurable Notices

› Ability to configure notices

› PDF generation of notices

› Aesthetically very rich notices

with embedded signatures

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© Misys

Adding configurability to Loan IQ communication

› Ability to configure bills

› PDF generation of bills

› Aesthetically very rich bills

› Ability to configure notices

› PDF generation of notices

› Aesthetically very rich notices

with embedded signatures

3435 – Configurable Notices

3570 & 3519– Configurable Bills

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3570 & 3519 : Ability to configure and customize Loan IQ Bills New Configured Bill look & feel

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3570 & 3519 : Ability to configure and customize Loan IQ Bills Classic Bill – Look & feel

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3570 & 3519 : Ability to configure and customize Loan IQ Bills Bills look & feel ( Classic Vs New Configured Bill)

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3570 & 3519 : Ability to configure and customize Loan IQ Bills Functionality Summary

• Available starting Loan IQ release: 7. 3. X

• License requirements:

• Update access for below two items are required.

• Change Include in XML Bill indicator

• FOP framework for PDF Bill generation

• User level security:

• NIL

• Table Maintenance updates:

• Bill scripts should be associated to the entity in ‘Script root folders update’ table

• Update ‘Feature and Script folder Association’ table with the details

• Data creation:

• “Include in XML Bill” should be checked in Outstanding->Codes->”Billing/Statement/Late Charge Rules” at Loan level.

• Workflow & logic: ************no change to business user process flow after data settings******************

• User or Batch will create a Demand or regular bill respectively

• Open Bill in Payoff/Query screen using Open PDF option

• The customized bill will appear in the stylesheet specified, logic embedded and in PDF form with customized alignment

• Impact on classic functionality:

• Configurable bill overrides the classic text bills logic . Limitation: data can’t be added to a scripted bill

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Scripted Bills & Notices Value summary

• Excellent aesthetics and reputational advantage for bank due to professional look of

notices and bills

• Better utilization of data beyond the limitation of existing notice template pre-populated

data elements

• Excellent end user/ external stakeholder experience

• Better time to market for bills and notices customization without the need of Misys Development

• Flexibility of the solution to use both classic and configurable approaches together

© Misys

Adding configurability to Loan IQ communication

3435- Configurable Notices through Scripting

3570 & 3519– Configurable Bills

› Ability to configure notices

› PDF generation of notices

› Aesthetically very rich notices

with embedded signatures

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› Ability to configure bills

› PDF generation of bills

› Aesthetically very rich bills with

embedded signatures

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Now you can provide a wonderful user experience…

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