Bulk Funding
This module is used where bailment assets are initially funded by the Financier, and then on funded by a separate Funding organisation. A process allows the allocation of assets complying to preset rule to be automatically allocated to a Funder and then tracked.
On Call Investments
For funds invested with you that are for no set period, this module is ideal. Interest is accrued on a daily basis and charged to the account based on a user defined rest period. Interest profile flexibility allows multiple investment product offerings. Both debit and credit interest rates can be defined on a single interest profile.
Term Deposits
This module records investments that are for a fixed period of time. Investment periods are user defined and can be expressed as days, months or years.
The interest rate is fixed for the term of the deposit, although a lower rate can be applied to a broken deposit, or a fee applied.
