API Console

Swagger | Microservice

Executive Summary

This service domain handles the fulfillment of a general loan product. This includes the initial set-up of the loan facility and the completion of scheduled and ad-hoc product processing tasks

Examples of Use

Example of use:An established and valued bank customer applies for and gets a loan for a home improvement project

Role Definition

The loan product represents a generic loan capability that may include different properties/features depending on a bank’s preferences and policies. The loan may or may not be secured by collateral.

Related Business Scenarios

Core Business Object

Loan Agreement

Key Features

  • Set-up a loan facility
  • Handle deposits and withdrawals
  • Provide statements and assessment reports on the loan
  • Support loan restructuring