The online real-time Collateral Processing capabilities within RETAIL are comprehensive and flexible. Collateral tracking can be established on direct or indirect loans to accomplish valuable time-saving purposes within the institution’s lending environment. Some of these purposes are to track:

• negotiable or non-negotiable collateral guaranteeing direct or indirect borrowings:
  • Stocks
  • Bonds
  • Accounts Receivable
  • Savings Instruments (Savings Accounts, CDs, IRA, Money Market Accounts, etc.)
  • Equipment (including personal vehicles, mobile homes, and recreational vehicles)
  • Real Estate
  • Trust Agreements
  • UCC Filings
  • Others
• cosigners/comakers, guarantors, and endorsers
• associated customers (no legal tie)
• prior liens
• related/other debt ties
• ticklers/reminders for such items as insurance, UCC filings, and processing reminders
• insurance policies (key person life insurance)

Collateral can be tracked at the borrower, line, or loan level. The number of pieces and units of collateral within each of these levels is virtually unlimited.

Simplified Input products and screens may be established to provide screens containing fields and field names specific to collateral or tickler records. Simplified Input improves operator efficiency and data integrity.

Collateral can be associated across multiple borrowers with priority indicators to identify the order that borrowers/facilities/loans have access to the collateral.

Full history tracking is available for collateral transactions and maintenance.

Automatic repricing functionality is available through the use of the CUSIP information maintained by the system. Real-time repricing is available for individual groups of collateral.

RETAIL Collateral Processing provides robust inquiry and reporting functionality that includes:

• Over and Under Margin Reporting
• Follow-up Reporting (collateral needed to perfect the loan per the security agreement)
• Concentration Reporting
• Tickler Reporting
• Related Customer and Custodial Reporting
• Indirect Liability Reporting
• Pricing Reports
• History Reporting

RETAIL effectively and efficiently tracks and processes many types of collateral and related collateral information.