• Commercial Lending
• Global Cash Management
• Trade Finance Operations
• Treasury Operations
Commercial Lending
Equation’s commercial lending functionality allows finance packages to be tailored to the individual needs of corporate clients, while helping to control the associated risk. The system provides comprehensive facilities to support the management and control of fixed term and revolving loans, draw-downs and repayments. The bank can operate a flexible portfolio of loans made under one or more lines of credit, including multi-currency. Full repayment schedules are maintained, along with total loan histories, giving a comprehensive view of a client’s overall activity.
Global Cash Management
With Equation’s data extraction tools, information on balances and transactions can be extracted and transmitted to lead banks, electronic banking systems or to third party networks. From a services perspective, Equation provides multi-currency balance orders, sweeps and standing orders. Accounts can also be grouped for interest calculation purposes, and the integrated SWIFT and telex interfaces facilitate the rapid movement of funds.
Trade Finance Operations
Trade Finance is handled in Equation via the proven solution – Trade Innovation. Used extensively by banks in Europe, Africa, the Middle East, the Americas and the Far East, Trade Innovation has developed a proven track record during its 15-years of successful implementations. The system offers a complete range of trade finance functionality, as well as workflow management, e-commerce and document handling capabilities.
Treasury Operations
Equation supports the treasury operations of a bank in two ways. The first level is designed to handle banks with less complex needs or banks with separate treasury operations. The second level supports more complex and sophisticated needs via the integration of Misys’ market leading treasury system – OPICS. In both cases the treasury components are fully integrated with the rest of Equation.
