Credit Servicers
Credit Servicers are financial institutions managing loan and credit claims granted by credit institutions that operate across the NPLs management range at the level of strategy, decision making and support services in collaboration with a network of real estate appraisers, brokers and lawyers.
PROFITS® Core Banking for Credit Servicers offers a full set of componentised subsystems and modules that are seamlessly integrated with each other and cover all core and near core banking functionality and utilities in a modular and efficient manner. PROFITS® can be installed either fully, covering the whole business of an organization, or by component, in accordance with its needs and actual business.
With Netcompany-Intrasoft’s solution, Credit Servicers can take advantage of a variety of robust loan mechanisms, such as fixed maturity open loans, open loans with promissory notes, open credit, amortised loans with equal instalments and more to fully cover all types of loans, including housing and consumer loans, capital investment, zero capital, working capital, leasing, and many more.
A variety of loans restructuring mechanisms are provided through PROFITS® Core Banking to allow flexibility in meeting customers’ loans settlement capabilities. Mechanisms such as arrears capitalisation, arrears repayment planning, product change restructuring, interest rate reduction, loan term extension, split balance, and more, can be efficiently carried out, driven by frictionless procedures and advanced operational processes.
Netcompany-Intrasoft’s solution provides a complete framework for collections, offering all required functionality to support the initial loan portfolio evaluation process and analysis, while acquisition processes are easily adjustable and customisable. Daily integration of payment information is efficiently processed to map transactions to accounts, while daily calculations of accruals and balance information are efficiently supported.