Creating Effective Origination and Servicing Workflows For Loans, Mortgages or Lease Products Without Any Programmer Intervention
Flexible Form Customization Tools For Loans, Mortgages and Wealth management Products Within ARMnet Financial Software
Once ARMnet Integrated Banking & Financial Product Management Software is installed within a user organisation the default Service Views can be used directly or using the tools provided, easily modified to accurately reflect the business process and policies of your financial institution all without code changes to the core database.
Additional Service Views can then be easily developed for any financial product either by Axcess Canada team members or the user organisation once they are properly trained. The only requirement for Axcess Canada is that they may be needed to incorporate new calculations and formulas into ARMnet Integrated Banking Software's core.
Ultimately this means that Axcess Canada can regularly maintain and update the core without any impact on the Service Views containing the business IP of the client. A client's product intellectual property is completely protected in this environment.
ARMnet Integrated Banking Software has almost unlimited branching in the workflow with provision for the end user to add as many business rules at each point as are required. This feature can be configured to automate much of the lending process, and remove human error, create administration efficiencies and keep your employees focussed on the customer service aspects of your business.
Customization to ARMnet Integrated Banking Software, while not trivial, is achievable using the expertise of a Financial Business Analyst. This person however requires no programming skills to effect system workflow or screen interface changes. The process for achieving the self customization is to:
- Define the product or service you wish to manage
- Define the process required to manage it
- Define the data requirements needed for managing it
- Review existing Service Views to decide which – if any – partially suit your needs
- If a suitable View currently exists you start with this view as the basis
- If a suitable View does not exist, create one from scratch
- Use the ARMnet editor to
- Add new data fields
- Remove un-required fields
- Add/change/remove business rules
- Define security access to the data and views
- Test and release for use
The best part of it all is the ease of modification, and the fact that when going through final user testing, Business Analysts can make any flow or data changes quickly – almost on the spot! This ensures a rapid deployment of the new Service View and a rapid Return on Investment with your new product being ready for market faster than with any other system on the market.
ARMnet Integrated Banking Software enables you to maintain the “Business Intelligence” under your complete control and free you from the costs and delays of the programmer environment to do business your way.
ARMnet Financial Product Management Solutions –
“Tomorrow’s Financial Product Management Solutions, Here Today.”