Product Deep dive
A platform specifically designed for your industry
Open and flexible architecture allows rapid integration with core banking systems, reducing both the costs and the risks of in-house development.
Launch and service your loan portfolio with fast, secure migration capabilities from legacy or costly systems.
Restructuring process has never been so easy and efficient.
QUALCO Loan Manager enables parallel restructuring stream building, binding distinct repayment and interest plans within the same loan account. It supports the normalization of non-performing accounts combining different repayment schedules with a distinct interest rate for each period, and the capability to split the total debt into partitions of a single account with unique maintenance and balance monitoring. It enables the balance transition across different streams in order to apply ad hoc or future debt restructuring.
The main streams are:
Normal Plan: It aggregates the total balance which generates the instalment amortization schedule while forming the main stream for the bucket segmentation.
Warehouse Plan: Is the temporary balance stream for short-term debt review with the capability of distinct interest calculation or freeze option.
Debt Forgiveness Plan: Is the stream acting as the repository of the potential debt to be written off based on conditional debt forgiveness rules engaging customer’s payment consistency.
Resources from QUALCO
Best practice blogs and guides written by our experts to help you manage all aspects of the debt portfolio lifecycle from methodology through to ethical practices.
Contact QUALCO
With offices around the world, we’ve always got an open door. Contact us so we can provide the right solution for your debt portfolio management needs.
