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Data fields for cross collateral tracking

Question: 
Which data fields are important for tracking cross collaterals?
Answer: 

Cross collateral management varies among financial institutions, but the following data fields may be relevant for tracking purposes: collateral description, collateral type, collateral valuation, commitment amount, loan number, collateral number, customer name, customer number, and date pledged.

Download a free cross collateral tracking spreadsheet.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

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+1-678-966-0844

First published on 08/25/2024

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