Loan Origination, Loan Management,
Loan Collection System
ARIUM Core Finance
Competitive
Lending Market
The Why
of
Telkomsigma’s Arium Core Finance
Arium Core Finance Modules
Platform
and
Technology
Options
of
Arium Core Finance
Ofering Scheme
Why
Trust
Telkomsigma?
4
4
8
7
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Table of
Competitive
Lending Market
In understanding that today’s competitive environment requires commercial lenders to look for ways to increase eiciency in the loan process, improve proitability, and mitigate risk, Telkomsigma is now ofering Core Finance, a comprehensive multi-inance solution designed to enhance your eiciency.
Not only is Indonesia already crowded with competing banks and around 200
multi-inance companies, the country’s market is also highly regulated so that only those who ofer the most eicient loan process and maintain compliance with applicable rules and
regulations can survive and thrive.
Without a truly comprehensive solution, lenders will have trouble managing the loan life cycle, thereby causing delays to client payments and an inability to monitor credit and debt limits. In addition to the rising risks and costs from such loan life cycle disruptions,
the absence of a comprehensive solution oftentimes leads to lenders’ failure to comply
with regulatory requirements.
Core Finance is a comprehensive, IT-based Loan Solution designed to help banks and
multi-inance companies compete more efectively in the market. Combining Telkomsigma’s experience and knowledge base, Core Finance creates operational efectiveness by bringing the following capabilities to banks and multi-inance companies:
Give pre-approvals faster in order to acquire new clients
Deine own product parameters
Eliminate risks when and where possible and reduce the time needed to originating loans
Issue valid output information in a very accountable and timely manner due to having an integrated system of loan acquisitions, loan management, and collection systems,
in which every module’s performance is highly optimized to facilitate and ensure a
smooth business process
The
Why
of
Telkomsigma’s
Arium
Core Finance
Arium Core Finance’s Key Features
Cover Multiple Products
This product management module enables lenders to deine or conigure diferent types of inancing products, including Consumer Financing, Leasing, and Factoring, through
a parameters setting that covers pricing, interest calculation method, charges method, repayment rules, and administrative rules.
Strong Ecosystem
Core Finance is surrounded by other complementary systems, making it a “One Stop Solution”
for all types of inancing business.
Fully Online & Centralized
Core Finance covers a fully online & centralized system, integrated funding module, lexible
approval process, open platform – complete with business application software – and
self-deined parameterized and business-driven products.
Beneits
of
Core Finance
1. Streamline Business Process
Arium Core Finance employs worklow technology to control and monitor the various steps in loan processing for automatic routing of application for each product, business models can be accommodated in the system, compatible to paperless technology, support document imaging and archiving for various loan application.
2. Reduce Losses & Delinquencies
Arium Core Finance reduce potential fraud case by matching process (credit checking), and reduce potential losses due to the inability of the applicant to pay the debt by using strong credit analysis mechanism (credit scoring and compliance), which may lower the risk of delinquent loans.
3. Multiple Product Handling
Arium Core Finance support inancial industry such as Consumer Loan, Finance Lease and Factoring .
4. Collection & Recovery Advantage
Arium Core Finance can help you develop more focused collection strategies by risk based segmentation, collection prioritizing, determining which accounts have the highest payment potential & increase debt recovery through ongoing portfolio monitoring.
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Arium Core Finance Architecture
Arium Core Finance
Business Flow
PROSPECTING ORIGINATIONLOAN
Scoring
• Account Disbursement • Billing & Payment
• Account Activity Early Termination, Restructure, Over Credit,etc • PDC Management • Insurance Policy Process
COLLATERAL MAINTENANCE & TRACKING
COLLECTION & RECOVERY
• Collection Management • Repossess Asset
• Inventory Asset Management • Write Of
FUNDING MANAGEMENT
• Channeling /Joint Finance • Asset Securitized
INTERFACE
Order Appraisal/Survey Service Agent
Collection Expense
PDC Management
Data Capture Insurance Management
Assignment Letter
Write Of & Recovery Management
Product Management
Contract Management 3rd Party Settlement
Inventory Asset
Loan Origination Account Handle Dealer Management
Distribution
Loan Management Collection &
Recovery 3
rd Party
Module
Audit Log
Accounting System
INTEGRATION HOOK UP PAYMENT GATEWAY
SUPPORTING APPLICATION
Payroll HR Host to Host
BI Report
Interfacing (text ile) Business Process Management
Security
Arium Core Finance
Modules
Telkomsigma’s Core Finance is a complete solution with end-to-end features covering various types of inancing businesses, such as Consumer Financing (mortgage loans, auto loans, electronic loans, reinancing / leaseback / cash loans), Leasing, and Factoring. Such
a complete solution is supported by the following range of comprehensive modules for
facilitating a complete lending process:
a. Loan Origination
Supported by lexible credit low, scoring and matching engines, this module manages the Loan Acquisition process, starting from prospecting, surveying, approval, and disbursement.
b. Loan Management
This module manages loan maintenance, namely:
• Customer Management, covering customer data maintenance, and customer payment method • Product Management, useful for creating attractive products and packages, including mortgage loans,
vehicle loans, electronic loans, and multi-purpose loans
• Loan Maintenance, designed to handle loan inquiry, loan restructure, early termination, and over credit
• Payment & Billing, assisting in managing due collection, customer payment allocation, payment receipt printing, payment reversal, and billing waive
• Insurance, managing insurance payment (on loan, prepaid, annual), insurance processes from order, endorsement, refund/cancellation, and claim
• Post Dated Check, handling PDC processes, such as input, PDC Clearing and payment allocation, PDC maintenance and stocktaking of PDC
• Collateral Tracking & Maintenance, tracking collateral status and storage, handling collateral maintenance process
• Funding Management, dealing with source of fund, and providing various types of funding arrangements, such as joint inancing, channeling and securitizing assets, with mirroring and non-mirroring schemes • Incentive Management, handling incentive for dealer, developer, marketing staf, and collector with
progressive and non-progressive calculation method
• Third Parties Maintenance & Billing Settlement, dealing with dealer, developer, insurance company, notary, service bureau, surveyor, appraisal company, professional collector, counterpart/bank
• Customer Service Management, covering customer service activities related to customer documents, loan simulation(s), and inquiry application status.
c. Collection Management, covering the following processes:
• Collection, managing parameters, processes for internal or external collector and collection activities • Inventory Asset, repossessing asset, asset appraisal, and asset selling
• Write Of & Recovery, handling write-of processes, payment recovery, and charge-of
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Equipped with the J2EE technology platform, web-based, multiplatform, and 3-tier
architecture, Core Finance enables companies to improve eiciency by, among others: Reducing inancing costs
Limiting instances of human error arising from manual process
Presenting valid and comprehensive data and reports
Improving productivity
Suppressing leaks and fraud
Providing safe and secure implementation
Platform
and
Technology
Technology • Web-Based • Java/J2EE
• Structured User Parameter • 3-tier Architecture
• GUI Based Input Forms
• GUI Based Business Processing Deinition
• Multi-Layer Security Network
Core Finance’s Platform
and
Technology
Platform
• Operating System
Oracle Enterprise Linux or Windows Server 64 bit • Database
Oracle 11g Standard Edition or EnterpriseDB 9.2
• Application Server
Oracle Internet Application Server or JBoss 7.1
Telkomsigma | Arium Core Finance
Fully understanding the challenges faced by Multiinance companies and banks, Telkomsigma ofers Core Finance in two options:
License Model, ofering purchase license option, suitable for companies that prefer
CAPEX model.
Application Service Provider (ITOM), ofering the solutions by outsourcing and renting
the services by paying monthly or yearly based on usage – suitable for companies that prefer OPEX model.
We have a solid track record in providing IT-based banking and inancial solutions. Based on our IT experience and expertise since 1987 by becoming an IBM business partner, we have earned a strong reputation in the banking and inancial industry through our solutions, including AlphaBITS for local banks, and end-to-end IT solutions consisting of Data Center Services, System Integration, Banking and Financial IT solutions, Cloud
Computing and IT Managed Services.
• Telkomsigma is supported by reliable local professionals who understand the business, technical provisions and the inancial
industries regulation in Indonesia
• Our Banking and Financial Solution Milestones 1998 : AlphaBITS, Core Banking System
1991 : Excalibur, Capital Market Core System
1993 : AlphaBITS Syariah, Islamic Core Banking System 2000 : Approva , Loan, Originating System
2000 : Financore, Multiinance Core System 2005 : SERA, Payment Gateway
2008 : LINK, ATM Switching for the State-owned Banks Association (HIMBARA) 2009 : SATU, Modern Core Banking Ecosystem for BPR
2011 : ARIUM, Financial Solutions Ecosystem • Trusted by Banking and Financial Clients
Over 130 clients from the banking and inancial sector have utilized our diverse and end-to-end solutions. Since 2009, the State-owned Banks Association (HIMBARA) has trusted us to manage its “LINK” ATM Switching, enabling them to conduct over 150 million transactions over “LINK”.
• International Standard
Telkomsigma’s business process has been appraised CMMI Lv3, which recognizes
our improved process to acquire, develop, and deliver products and services.
Options
of
Arium Core
Finance
Ofering
Scheme
Why
Trust
Telkomsigma?
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The information contained herein is subject to change without notice. Created April 2014
© Copyright 2014 PT Sigma Cipta Caraka (Telkomsigma) Menara Dea, 8th Floor Kawasan Mega Kuningan Jl. Mega Kuningan Barat IX Kav E.4.3. No.1 Jakarta 12950, Indonesia
www.telkomsigma.co.id
Make IT Faster and Contact Us!
Menara Dea, 8th Floor
Kawasan Mega Kuningan Jl. Mega Kuningan Barat IX Kav E.4.3. No.1 Jakarta 12950, Indonesia
