Credit Product Configurator ACTUS

Product configurator software for lending businesses of banks (credit and leasing products)

New credit products at the touch of a button

Configure and set up credit products quickly and easily using ACTUS

ACTUS is a banking and financial services solution for the lending business

It allows a number of banking products, ranging from credit to leasing products, to be configured via an assistant and created at the touch of a button.

This flexibility and agility allows banking products tailored entirely to your business strategy to be designed and utilized quickly, seamlessly and cost-efficiently.

Set credit parameters via configurator tool

The configuration tool can be used to set all product parameters such as interest, conditions, terms, repayment, fees etc.

The product configurator software already covers all typical credit product parameters and can also be expanded quickly and easily by further individual, bank-specific parameters, from the sales process at the point of sale (POS) to the processing of contracts.

Depicting the complete life cycle of credit products

ACTUS can also be used to display and automatically manage the overall life cycle of credit products following design (sales, operation etc.). This includes all of the functions required for processing a credit or leasing product, including internal workflows, document management and customer communication (e.g. generating and printing letters).

An integrated process engine processes defined workflows, back office processes and regulatory requirements automatically.

The system offers various dedicated user interfaces in terms of design, sale and processing of banking products for the product management, customer service and sales as well as the back office department.

Respond quickly and cost-efficiently to the market with suitable products

Whether it’s for a competitive leasing offer or a customer-tailored credit product, ACTUS allows product management to design new banking products quickly and launch them with a shorter time-to-market period.

High development costs and long development cycles for adapting your software to new products are a thing of the past. With ACTUS, you can respond with agility and competitively to the market and customer requests, despite rapid developments in these areas.

Simple integration into your IT environment and connection to your core banking system

The highly flexible and parameterizable product configurator can be integrated seamlessly into the existing IT structure through standard interfaces. It can be operated using its own user and customer management or connected to the CRM functionalities of existing systems, such as Core Banking Solutions.

Business Process Management

Independent credit processes that are able to be modeled can be established for each product created with ACTUS. Individual contract processing status and quality gates can be set up. The processes can be configured automatically or manually. Using the internal employee and intermediary control, you can manage various user rights that allow individual process steps to be configured. The four-eyes principle can be applied to everything from quality gates to individual steps in the process.

Screenshots

Highlights

USER-SPECIFIC INTERFACES

USER-SPECIFIC INTERFACES

Dedicated and optimized user interfaces for product management, consultants and back office

DYNAMIC PRODUCTS

DYNAMIC PRODUCTS

Creation of dynamic credit products with interest rates, graded interest rates, floating rates, repayment dynamic, vario capital etc.

RATING & SCORING

RATING & SCORING

Possible to activate the automatic requesting of ratings or external connection to scoring such as SCHUFA for products created

PROCESSING WORK FLOWS

PROCESSING WORK FLOWS

Definition and depiction of processing and back office workflows as well as automatic processing by the process engine

SALES VIA MOBILE DEVICES

SALES VIA MOBILE DEVICES

Credit calculation and submittal of quotation via tablet and mobile device at the customer’s location

GENERICALLY EXPANDABLE

GENERICALLY EXPANDABLE

Quick and modular expansion of the parameters in the product configurator software with regard to bank-specific requirements

Which credit products can Be created using the Product Configurator ACTUS?

  • Annuity credit
  • Annuity loans
  • Balloon financing
  • Blank credits
  • Car loans
  • Cash loans
  • Civil servant loans
  • Collateral loans
  • Consumer loans
  • Debt restructuring loans
  • Employer loans
  • Expenses loans
  • Final installment financing
  • Housing loans
  • Immediate loans
  • Installment credit
  • Investment loans
  • Lease purchase contracts
  • Micro loans
  • Minor loans
  • Modernization loans
  • Mortgage bonds
  • Mortgage loans
  • Non-callable bonds
  • Non-cash loan
  • Online loans
  • Operating loans
  • Personal loans
  • Pre-financing
  • Private credit
  • Private loans
  • Product financing
  • Property loans
  • Purchase loans
  • Real estate financing
  • Renovation loans
  • Rental guarantees
  • Repayment grace years loans
  • Repayment mortgages
  • Roll-over loans
  • Securities loans
  • Short-term loans
  • Student loans
  • Supplier loans
  • Suspended repayment loans
  • etc.

High return on investments

UP TO 95 % LOWER PRODUCT LAUNCH COSTS

Up to 80 % FASTER TIME-TO-MARKET

Over 100000  DIFFERENT PRODUCT TYPES POSSIBLE

Benefits of the Credit Product Configurator

PRODUCT SPECIALIST

PRODUCT SPECIALIST

  • Implementation of new credit products in a few days instead of months (short time-to-market)
  • Higher budget for product advertising and marketing
  • Simple product and intermediary management
IT OFFICER

IT OFFICER

  • Easily connect accounting and payment flows and reporting (SEPA, target, swift etc.) via web service
  • API for regulatory requirements
MANAGEMENT

MANAGEMENT

  • Reduction in operational and personnel costs through automated process flows (BPM) and digitalization
  • Drastic reduction in software development and product maintenance costs (in particular for software providers)
  • Competitiveness and unique position through faster product adjustments

Why PASS is the right partner for you

Many years of experience in banking and finance

We bundle our IT, consulting and project management skills specifically for the financial sector in our Business Unit Banking.

Study names PASS Core Banking Suite as the best solution on the market

The focos transfer center at Karlsruhe University awarded PASS Core Banking Suite the title of best core banking solution.

Features of the Credit Product Configurator ACTUS

Interest

Interest rates, graded interest rates, floating rules, fixed interest rate

Securities

Fully automatic, semi-automatic or manual

CRM

For sales and processing (alternatively connection to CBS possible)

Digital customer files

Paperless office (PostIdent, VideoIdent, iSign, tablet signatures) with automatic history archiving

Intermediary management

Assignment or release of products for consultants and sales employees

Contract management

Management of life cycles such as reminders, reverse transaction, special repayment, refunds, extension, prolongation etc.

Process engine

Control and automation of back office work stages in addition to print management, with which parameterized pressure can be applied to process steps

Skype integration

Consultation and care of customers via Skype chat or video

All functions in detail

Product development

  • Customer management
  • Interest
  • Discount
  • Conditions
  • Repayment (type of repayment, voluntary repayment, repayment dynamic)
  • Payments
  • Balloon rates
  • Capital
  • Payment terms
  • Processing fees
  • Final fees
  • Securities
  • Lump-sum values
  • Insurance
  • Prolongation
  • Repayment
  • Revolving
  • Checklists in workflow
  • Reminders
  • Customer communication and logs
  • Intermediary management

Credit calculation during customer consultation

  • Voluntary repayment
  • Various calculation methods
  • Rating and connection to scoring providers (e.g. SCHUFA)
  • Customer master data management
  • Skype connection (CRM)
  • Insurance
  • Money/capital market connection

Processing in the back office

  • Contract overview
  • Digital customer files (paperless filing of documents, contracts etc.)
  • Management of securities
  • Special repayments
  • Printed communication management
  • Processing workflow
  • Messenger (sending messages to colleagues for processing)

Interfaces

The architecture can be quickly connected to other applications and Core Banking Systems (CBS) via various interfaces (e.g. web services):

Marisk

Marisk

ACTUS possesses an interface to connect systems to depict the minimum requirements placed upon risk management.

SCHUFA

SCHUFA

SCHUFA requests can be prepared and made in the system using data already collected.

PAYMENTS

PAYMENTS

An interface for payment engines facilitates automatic nostro account management and SEPA-compliant payment processing, including standing order management.

ACCOUNTS

ACCOUNTS

The ACTUS core banking connection has an interface to open accounts of various types and keys.

MASTER DATA

MASTER DATA

ACTUS collects all the necessary master data in order to meet the regulatory requirements of a core banking system.

REPORTING

REPORTING

Data from the area of CRM and contractual management in ACTUS form the basis upon which the reports are generated.

Customers’ frequently asked questions