telkomsigma core finance english 2014small
ARIUM Core Finance
Loan Origination, Loan Management,
Loan Collection System
Comprehensive Multiinance Solution
Table of
Contents
Competitive Lending Market
4
The Why of Telkomsigma’s Arium Core Finance
4
Arium Core Finance Modules
7
Platform and Technology
8
Options of Arium Core Finance Ofering Scheme
9
Why Trust Telkomsigma?
9
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 multiinance 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.
The Why of
Telkomsigma’s
Arium Core Finance
Core Finance is a comprehensive, IT-based Loan Solution designed to help banks and multiinance 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
4
Telkomsigma | 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 selfdeined 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.
Telkomsigma | Arium Core Finance
5
Arium Core Finance Architecture
SUPPORTING APPLICATION
Loan Origination
Loan Management
Collection &
Recovery
3rd Party
Module
Loan Origination
Loan Maintenance
- Account Activation
- Early Termination
- Over Credit
- Account Inquiry
Account Handle
Distribution
Dealer Management
Assignment Letter
Cashier Management
Collection Expense
Matching
Data Capture
Order Appraisal/Survey
Approval
Billing & Payment
Reposses Asset
PDC Management
Inventory Asset
Collateral Management
Write Of & Recovery
Management
Contract Management
Final Check
Collection Activity
Memo Disburstment
Customer Service
Message Delivering
Dealer Management
Insurance Management
Service Agent
Notary
3rd Party Settlement
Mobile Application:
- Marketing
- Survey
- Approval
- Collection
Business Monitoring
Product Management
Financing Management
Audit Log
Notiication system:
- SMS
- Email
Dashboard Management
BI Report
Business Activity
Monitoring
Security
Business Process Management
Electronic Document
Interfacing (text ile)
Document Management
INTEGRATION HOOK UP
Accounting System
Payroll HR
PAYMENT GATEWAY
Auto Debet
Treasury
Business Flow
Capture Prospect Data
Follow Up Prospect
LOAN ACCOUNT MAINTENANCE
• Account Disbursement
• Billing & Payment
• Account Activity Early Termination,
Restructure, Over Credit,etc
• PDC Management
• Insurance Policy Process
COLLATERAL MAINTENANCE &
TRACKING
LOAN
ORIGINATION
Scoring
Risk Checking
Document Checking
Multilayer Approval
COLLECTION & RECOVERY
•
•
•
•
Collection Management
Repossess Asset
Inventory Asset Management
Write Of
FUNDING MANAGEMENT
• Channeling /Joint Finance
• Asset Securitized
Business
Intelligence
6
Imaging / OCR
EDC
Arium Core Finance
PROSPECTING
Host to Host
Telkomsigma | Arium Core Finance
INTERFACE
TO BANK
Interface
G
E
N
E
R
A
L
L
E
D
G
E
R
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
Telkomsigma | Arium Core Finance
7
Platform and Technology
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
Core Finance’s Platform and Technology
8
Platform
Technology
•
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
•
Web-Based
Java/J2EE
Structured User Parameter
3-tier Architecture
GUI Based Input Forms
GUI Based Business Processing
Deinition
Multi-Layer Security Network
Options of Arium Core
Finance Ofering Scheme
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.
Why Trust Telkomsigma?
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
1991
1993
2000
2000
2005
2008
2009
2011
: AlphaBITS, Core Banking System
: Excalibur, Capital Market Core System
: AlphaBITS Syariah, Islamic Core Banking System
: Approva , Loan, Originating System
: Financore, Multiinance Core System
: SERA, Payment Gateway
: LINK, ATM Switching for the State-owned Banks Association (HIMBARA)
: SATU, Modern Core Banking Ecosystem for BPR
: 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.
Telkomsigma | Arium Core Finance
9
Make IT Faster and Contact Us!
http://www.telkomsigma.co.id/contact-us
© 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
The information contained herein is subject to change without notice. Created April 2014
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
Loan Origination, Loan Management,
Loan Collection System
Comprehensive Multiinance Solution
Table of
Contents
Competitive Lending Market
4
The Why of Telkomsigma’s Arium Core Finance
4
Arium Core Finance Modules
7
Platform and Technology
8
Options of Arium Core Finance Ofering Scheme
9
Why Trust Telkomsigma?
9
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 multiinance 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.
The Why of
Telkomsigma’s
Arium Core Finance
Core Finance is a comprehensive, IT-based Loan Solution designed to help banks and multiinance 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
4
Telkomsigma | 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 selfdeined 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.
Telkomsigma | Arium Core Finance
5
Arium Core Finance Architecture
SUPPORTING APPLICATION
Loan Origination
Loan Management
Collection &
Recovery
3rd Party
Module
Loan Origination
Loan Maintenance
- Account Activation
- Early Termination
- Over Credit
- Account Inquiry
Account Handle
Distribution
Dealer Management
Assignment Letter
Cashier Management
Collection Expense
Matching
Data Capture
Order Appraisal/Survey
Approval
Billing & Payment
Reposses Asset
PDC Management
Inventory Asset
Collateral Management
Write Of & Recovery
Management
Contract Management
Final Check
Collection Activity
Memo Disburstment
Customer Service
Message Delivering
Dealer Management
Insurance Management
Service Agent
Notary
3rd Party Settlement
Mobile Application:
- Marketing
- Survey
- Approval
- Collection
Business Monitoring
Product Management
Financing Management
Audit Log
Notiication system:
- SMS
Dashboard Management
BI Report
Business Activity
Monitoring
Security
Business Process Management
Electronic Document
Interfacing (text ile)
Document Management
INTEGRATION HOOK UP
Accounting System
Payroll HR
PAYMENT GATEWAY
Auto Debet
Treasury
Business Flow
Capture Prospect Data
Follow Up Prospect
LOAN ACCOUNT MAINTENANCE
• Account Disbursement
• Billing & Payment
• Account Activity Early Termination,
Restructure, Over Credit,etc
• PDC Management
• Insurance Policy Process
COLLATERAL MAINTENANCE &
TRACKING
LOAN
ORIGINATION
Scoring
Risk Checking
Document Checking
Multilayer Approval
COLLECTION & RECOVERY
•
•
•
•
Collection Management
Repossess Asset
Inventory Asset Management
Write Of
FUNDING MANAGEMENT
• Channeling /Joint Finance
• Asset Securitized
Business
Intelligence
6
Imaging / OCR
EDC
Arium Core Finance
PROSPECTING
Host to Host
Telkomsigma | Arium Core Finance
INTERFACE
TO BANK
Interface
G
E
N
E
R
A
L
L
E
D
G
E
R
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
Telkomsigma | Arium Core Finance
7
Platform and Technology
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
Core Finance’s Platform and Technology
8
Platform
Technology
•
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
•
Web-Based
Java/J2EE
Structured User Parameter
3-tier Architecture
GUI Based Input Forms
GUI Based Business Processing
Deinition
Multi-Layer Security Network
Options of Arium Core
Finance Ofering Scheme
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.
Why Trust Telkomsigma?
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
1991
1993
2000
2000
2005
2008
2009
2011
: AlphaBITS, Core Banking System
: Excalibur, Capital Market Core System
: AlphaBITS Syariah, Islamic Core Banking System
: Approva , Loan, Originating System
: Financore, Multiinance Core System
: SERA, Payment Gateway
: LINK, ATM Switching for the State-owned Banks Association (HIMBARA)
: SATU, Modern Core Banking Ecosystem for BPR
: 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.
Telkomsigma | Arium Core Finance
9
Make IT Faster and Contact Us!
http://www.telkomsigma.co.id/contact-us
© 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
The information contained herein is subject to change without notice. Created April 2014
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