This is the core of our solution that drives all other accounting processes.
The accounting system supports an eight-dimensional analytical model in synthetic accounting, which allows to build a variety of management and regulatory reports already at the accounting journal entry level without additional calculation and data aggregation.
As part of the accounting model, the system records accounting transactions of unlimited number of types and subtypes of clients, enables logical chains of client separation and creates a matrix of types of clients through the "Customer relationship management module" integrated into the main system. As a result, the data in accounting always match the analytical data thus ensuring integrity of the information.
The module provides a front office, as well as a back-office interface for managing the organization's general ledger.

Main functional blocks and subsystems of the module:

• set up and manage the fund's chart of accounts with establishment of controls for the accounting model in terms of currencies, account types, (positive, negative, positive and negative, client (transaction effected with a client's card), general, etc.);
• set up and manage the accounting model for both balance sheet accounts and off-balance sheet accounts using a constructor for all system products;
• maintain records of remaining balances and turnovers on the organization's accounts;
• register and manage branches and departments of the organization;
• manage batch programs for opening and closing an operating day;
• other system functionality within the core

The functionality of the admin module enables an effective system setup and control based on the requirements of any organization.
The module includes the following main functional blocks and subsystems:

• workflow setup and control by modules;
• user profile setup and control;
• user setup and control;
• limits and access rights setup and control;
• setup and control of user identification policy including password requirements;
• user integration and synchronization with Microsoft services (LDAP);
• setup and control of SMS-tokens (One-time password) at log in;
• setup and control of delegation of user authorities for a specified period;
• fields control in program forms, including mandatory field conditions, field editing conditions, etc.;
• setup and control of operation approval and/or confirmation processes and procedures in the system;
• system settings setup and control.

The module provides a front office, as well as a back-office interface for managing the admin module

This subsystem provides data integrity and transparency of all transactions.
Main functional units of the module:

• confirmation and logging of transactions;
• performing transactions and logging;
• reporting on made logs;
• procedure for managing log storage periods in the system

This subsystem enables to configure criteria and key performance indicators (KPIs) for different screen forms and indicators that, when occur, invoke corresponding alerts/messages thus giving an opportunity to the fund's leadership to effectively manage workflows.
The module supports several language versions offline, which benefits fund users when they work with the system

A 24/7 subsystem enables to activate all modules of the system in the 24/7 mode.
This module enables setup of cut-off processes using a parametric constructor. With this module structure the fund can independently configure the time and conditions of cut-off processes for specified types of transactions in the shortest possible time without programmers or technical staff assistance.
All transactions in the system under the specified conditions get into a separate data buffer with further automatic processing and their transfer to the balance sheet of the next transaction day.
The functionality of the system provides an opportunity to configure the conditions of cut-off processes based on the following key parameters:

• by the cut-off time processes;
• by a time period;
• setting for transaction channels – internal and external (Internet and/or mobile banking, card processing, payment terminals, web portal, etc.);
• other important parameters.

The module provides a front office, as well as a back-office interface for managing the 24/7 mode.
The entire accounting model under this module is configured via a specific built-in constructor. Hence, all accounting transactions are conducted automatically through the system transactional accounting

The built-in reporting module provides a unique opportunity for all the users of the system to create and save necessary individual operational reports in the "Favorites" section within the transaction system in each separate screen using all possible mathematical formulas:

• plus;
• minus;
• division;
• multiplication;
• average;
• module;
• etc.

The module provides a front office, as well as a back-office interface for managing the reporting.
All these customized reports are uploaded in Excel and/or PDF format from the user interface with one click. Tasks are thus completed quickly for each individual ABS user

The module includes electronic document management functionality that permeates all modules and submodules of the automated system of a fund, including:

• setting up the list of documents required for attachment; it also sets the requirement and/or optionality of attachment of a corresponding document for each transaction;
• full integration with all known scanner models;
• storing all attached electronic documents as part of the transactions performed in the Alfresco document management system;
• procedure of reading of all documents on any archived transaction date.

This module is designed to effectively and quickly manage processes, conduct appropriate audit and monitoring procedures within the fund through a single window – the ABS interface.
The module provides a front office, as well as a back-office interface for the document management of the organization

The subsystem provides unique opportunities for creating and controlling of all types of financing products from a common interface. In addition to creating products, our automated system enables funds to configure an accounting model (all accounting) and financial policy based on built-in constructors independently, without programmers assistance.
In addition, the functionality of the system provides broad opportunities to manage business conditions of these products:

• monetary policy;
• financial policy;
• organizational policy, etc.;
• client coverage and grouping setup;
• option to set limits and regulation rules.

These features provide flexibility in the fund's sales strategy and prompt launch of new solutions onto the financial market.
The module provides a front office for centralized product management by the fund's head office.
Main functional units of the module:
registration of new products;
setup of the accounting model for products, linking of all necessary accounts to the product including balance sheet and off-balance sheet accounts;
setup of business conditions and parameters for different product subtypes:

• loans;
• credit lines;
• documentary transactions;
• interbank deposits;
• interbank loans;
• all types of securities;
• all types of foreign exchange transactions;
• other treasury transactions.
• lease transactions;
• others.

Determining events resulting in certain accounting transactions for each product. For example, interest accrual on loans, penalty interest accrual, principal amount overdue, accrued interest overdue, write-off on off-balance, recovery from off-balance, etc.
The functionality of this module also includes a chain of product approvals within the existing organizational structure of the fund

This module enables to fully automate all types of finance fees for all transactions effected in the system in full compliance with the agreed tariffs both individual and dynamic ones.
The mechanism for calculating and charging fees is determined in accordance with:
types of transactions;

• kind of products;
• currency;
• client;
• group of clients;
• and other parameters.

Thus, a multidimensional matrix – constructor is formed for each type of operations, which provides maximum flexibility for all necessary calculations and charges of fees followed by their automatic display on the accounts in the General Ledger of the organization.
The ledgers to be used in the system are defined as parameters in the customized accounting model constructor depending on the value in the multidimensional matrix.
In addition to the system calculation of the default cost of services, the system allows to group clients into one common data set to determine the group cost of services and calculate the fees. As an option, the cost for a specific client is also available.
The module provides a front office, as well as a back-office interface for managing tariffs and fees for the fund's head office.
Main functional units of the module:

• registration and setup of the organization's general tariff plan;
• registration and setup of an individual tariff plan for specific products;
• registration and setup of an individual tariff plan for specific categories of clients;
• registration and setup of an individual tariff plan for specific branches;
• registration and set up an individual tariff plan for various sales channels: an online portal for clients, operations within the organization's divisions, etc.;
• registration and setup of an individual tariff plan for specific groups of clients;
• registration and setup of an individual tariff plan for specific clients;
• registration and setup of dynamic tariffs (the calculation depends on the average account balances and/or turnover for a certain period of time) for certain products;
• registration and setup of dynamic tariffs for specific groups of clients;
• registration and setup of dynamic tariffs for specific clients;
• calculation of taxes and deductions by transaction type.

This module fully meets all the requirements for calculating and accounting for all possible fees of the organization

Subsystem for certification and management of financial partners
The functionality of this subsystem is built on constructors in such a way that the fund can set up a certification model for financial partners based on certain characteristics without the technical staff assistance.
The system allows to automate various processes for certification of financial partners, including the following:

• selection of financial partners and selection criteria for specific fund products;
• procedures for the approval of financial institutions;
• procedures for the approval of products for financial institutions;
• definition and set up of limits for financial organizations in general and for specific products;
• definition and set up of subsidies and compensation for the organization in general and/or for specific products;
• definition and set up of collateral for the organization in general and/or for specific products;
• determination of the calculation procedure for the organization in general and/or for specific products;
• other processes related to managing financial partners.

This module enables setup and automated generation of required printing forms:

• financial partner profile;
• financial partner certificate;
• agreement/contract;
• other printing forms.

The functionality of this subsystem is built on constructors in such a way that the fund can set up a certification model for insurance partners based on certain characteristics without the technical staff assistance.
The system allows to automate various processes for certification of insurance partners, including the following processes:

• selection of insurance partners and selection criteria for specific fund products;
• procedures for the approval of insurance institutions;
• procedures for the approval of fund products for insurance institutions;
• definition and set up of limits for insurance organizations in general and for specific products;
• determination of the calculation procedure for the organization in general and/or for specific products;
• other processes related to managing insurance partners.

This module enables setup and automated generation of required printing forms:

• insurance partner profile;
• insurance partner certificate;
• agreement/contract;
• other printing forms.

The functionality of this subsystem is built on constructors in such a way that the fund can set up a certification model for appraisers based on certain characteristics without the technical staff assistance.
The system allows to automate various processes for certification of appraisers, including the following:

• selection of appraisers and selection criteria for specific fund products;
• procedures for the approval of appraisers;
• procedures for the approval of products for appraisers in the certified appraiser organization;
• definition and set up of limits by type of collateral for evaluation;
• definition of the register of experts for the appraiser;
• determination of the calculation procedure for the appraiser organization in general and/or for specific products;
• other processes related to managing appraisers.

This module enables setup and automated generation of required printing forms:

• appraiser's profile;
• appraiser's certificate;
• agreement/contract;
• other printing forms.

As part of the solution, a client web portal (client front) is provided for managing clients and transactions with respect to them, displaying all transactions in the main system of the fund.
As part of the front-end interface, the system provides extensive capabilities for all required online transactions, in particular:

• online registration of clients on the portal — individuals;
• online registration of clients on the portal — individual entrepreneurs;
• online registration of clients on the portal — legal entities;
• online registration of applications for financing — mortgage;
• online registration of applications for financing — agricultural loans;
• online registration of applications for financing — SME and business loans;
• online registration of insurance applications;
• checking the application approval process — tracking;
• checking balances, data, and schedules for registered loans;
• checking balances, data, and schedules for registered insurance policies;
• online repayment of registered loans;
• online repayment of registered insurance policies;
• other transactions.

As a result, the subsystem provides the fund's clients with the possibility of remote servicing at any time and from any device that has access to the global Internet network. A web browser is used to perform transactions, so there is no need to install the client part of the system software.
The solution fully supports the latest versions of all major web browsers (Google Chrome, Safari, Microsoft Internet Explorer, Mozilla Firefox, Opera, Yandex) on both personal computers, laptops, and mobile devices (adaptive web version).
We take into account the individual characteristics of our clients' business, their strategy, vision of the products provided and the corporate style. Our team develops and coordinates individual design according to the wishes of your fund in line with modern trends and current market tendencies.

As part of the solution, a client web portal (client front) is provided for managing financial partners, insurance partners appraisers and transactions with respect to them, displaying all transactions in the main system of the fund.
The portal provides extensive opportunities for various transactions for all partners and participants in online mode:

• For financial and/or loan partner organizations:
• online confirmation of financing applications from clients — individuals;
• online confirmation of financing applications from clients — individual entrepreneurs;
• online confirmation of financing applications from clients — legal entities;
• online confirmation of loan restructuring applications;
• submitting online applications to change the limits for specified products;
• online monitoring of granted financing;
• registration of actions and/or steps related to bad loans and/or financing;
• loading an XML clearing file for online repayments;
• other transactions.

For insurance organizations — partners of the fund:

• online confirmation of insurance applications from clients — individuals;
• online confirmation of insurance applications — individual entrepreneurs;
• online confirmation of insurance applications from clients — legal entities;
• online application to change the schedule for an insurance policy;
• loading an XML clearing file for online repayments;
• other transactions.

For fund appraisers:

• application for registration of new appraisers with all required data indicated;
• registration of collateral evaluation protocols for financing applications;
• application for registration of new appraisal experts with all required data indicated;
• other transactions.

As a result, the subsystem provides the fund's partners with the possibility of remote servicing at any time and from any device that has access to the global Internet network. A web browser is used to perform transactions, so there is no need to install the client part of the system software.
The solution fully supports the latest versions of all major web browsers (Google Chrome, Safari, Microsoft Internet Explorer, Mozilla Firefox, Opera, Yandex) on both personal computers, laptops, and mobile devices (adaptive web version).

This is an integral part of the system infrastructure that is operated in conjunction with other modules and subsystems of the solution.
All clients, in particular individuals, individual entrepreneurs, legal entities, financial organizations, are registered on the single-window concept.
Upon creation of a client data sheet, client types are necessarily assigned in accordance with the type breakdowns matrix based on the requirements of the management team and/or the regulator. For example, a resident — an individual – the agriculture sector, etc. The system does not have any restrictions either on the number of created types or the number of values in these types.
Based on the types of clients, the accounting model is determined by the type of transaction. Based on the type the system automatically selects the necessary accounts from a setup matrix. Therefore, the human factor is completely excluded at the moment of transactions, and the data in analytical accounting always match the data in synthetic accounting without any manual involvement.
The system also has all the necessary controls in full compliance with the anti-money laundering regulations (AML) and the Foreign Account Tax Compliance Act (FATCA), as well as in accordance with the common reporting standard (CRS).
Demographic and personal information of clients is uploaded to the system and used in other modules, including for the preparation of management and regulatory reports:

• place of education;
• place of work;
• sector of economy;
• other client data.

The module provides a front office for branches and outlets of the fund, as well as a back-office interface for central customer relationship management.
Main functional units of the module:

• client management including editing existing client data sheets;
• registration of questionnaires under Know your client (KYC) procedures;
• management of CRS/FATCA forms;
• creation of an internal client stop-list (blacklist);
• registration and management of client profiles;
• attaching documents to the client's data sheet;
• procedure for checking the availability of documents, validity of documents and data in the client's data sheet.

This module enables setup and automated generation of required printing forms:
client form and other documents.
The module also enables integration of the client data sheet with other external fund systems through a specially designed service bus

The application and loan memorandum control module for individuals allows to fully automate the entire process of loan memorandum submitting, processing, initial approval, transfer of the memorandum to the committee for final decision and subsequent transfer of fully approved memoranda into the management system for loan agreements (credit conveyor) for granting of all types of loans for individuals:

• automobile loan;
• mortgage loans;
• financial lease;
• others.

The system allows the fund to independently manage the loan memorandum form (application) for individuals based on a built-in constructor:

• to determine required and optional entry fields;
• to determine interconnection of entry fields with different values;
• to create and independently edit data drop-down lists.

The module is integrated with the client's web portal, through which all requests are filled out by the client.
The module provides a front-office for branches and outlets and a back-office interface for integration with the automated banking system of a fund and for integration with external systems/services:

• state services for personal data provision about clients, guarantors;
• state services for data provision about client incomes (tax office, social insurance fund, etc.);
• services for data provision from credit bureaus;
• services providing state extracts on movable and immovable property;
• systems for borrower scoring point calculation;
• other services.

The back office is used by the fund's employees to verify completed applications and fill in missing information about clients in order to send it for approval to the relevant bodies of the fund.
The application for financing of individuals is closely integrated with the module for customer relationship management module (CRM) and other required subsystems and modules, as a result of which all the necessary personal data of the client are filled in automatically.
In addition, the system provides a number of control procedures at the time of fill-in of the application for financing of individuals:

• control of a valid ID available in the system;
• availability of all required attached documents and graphic data;
• availability of client's biometric data, etc.;

The system checks whether a potential borrower participates in other loans as a borrower and/or as a guarantor, checks related parties, and performs other checks.

The following sections are included in the application for individuals:

• product and financing terms (term, currency, amount, rate and other parameters that are defined in the loan product constructor);
• client profile, which contains the following main subsections:
• personal information about the client (full name, date of birth, number of the identity document, date of issue of the document, etc.);
• contact information (work phone, home phone, mobile phone, contact persons);
• source and size of income of the client and his family (job, private business and other sources of income, amount earned from different sources of income);
• expenses of the client and his/her family (monthly expenses with breakdown by different types: food, accommodation, etc.);
• social analysis (configurable questionnaires to calculate scoring points and to make automatic decisions);
• purpose of financing (mortgage, car loan, and other purposes);
• financial analysis (automatic calculation of various ratios, comparison of calculated values with the basic values set in loan constructors);
• security (real estate, transport, cash funds/deposits, guarantor/co-borrower, other collateral);
• documents and graphic data (scanned copies of identity documents, client photos, other documents required in accordance with loan constructor);
• client biometrics (fingerprint – Touch ID, Face ID);
• client's credit history;
• monitoring regulations;
• memorandum approval procedure (system's functionality is deeply integrated into the control module for loan committees and workflows on loan application approval, so that the system directs all employees of the fund along the preconfigured decision-making chain);

Main functional units of the module:

• creation and registration of loan memoranda/applications;
• procedure prior to drawing up of the loan memorandum. The system allows to postpone the preparation of a memorandum for a certain period;
• procedure for loan memorandum forwarding for approval/confirmation.
• procedure for an automated borrower financial analysis;
• procedure for borrower data compliance with the terms of the selected product.
• This module enables setup and automated generation of required printing forms:
• loan application;
• credit memorandum form / client profile;
• consent to the processing of personal data;
• consent to the queries to various data sources, including a query to credit bureaus;
• other documents.

This module is used not only for the initial granting of loan to individuals, but also for repeat granting, as well as for filling-in and creating consultation sheets, on the basis of which loan memoranda can be created.
Additionally, the functionality of this module allows to restructure already conducted transactions by using the subsequent approval chain of such memorandum under the pre-configured decision-making chain.
As a result, the functionality of the system fully meets all the needs of a fund in individuals financing regarding the creation of a loan memorandum and forwarding it to the approval

The applications and loan memoranda control module for legal entities and individual entrepreneurs (corporate clients) allows to fully automate the entire process of loan memorandum submitting, processing, initial approval, transfer of the memorandum to the committee for final decision and subsequent transfer of fully approved memoranda into the management system for loan agreements (credit conveyor) for granting of all types of loans to corporate clients:
business loans;
micro and SME loans;
mortgage loans;
syndicated loans;
financial lease;
documentary transactions (guarantees and other documents);
other loans.
The module supports loan granting for all possible business projects of potential corporate clients:
construction and complex infrastructure projects;
launch of start up projects;
agricultural loans (for farmers – equipment, animals, fertilizers, etc.).
other purposes.
The module is integrated with the client's web portal, through which all requests are filled out by the client.
The system allows the fund to independently manage the loan memorandum form (application) for corporate clients based on a built-in constructor:
to determine required and optional entry fields;
to determine interconnection of entry fields with different values;
to create and independently edit data drop-down lists.
The module provides a front-office for branches and outlets and a back-office interface for integration with the automated banking system of a fund and for integration with external systems/services:
state services for data provision about clients, guarantors, owners of legal entities and individual entrepreneurs;
state services for data provision about incomes of shareholders/founders (tax office, social insurance fund, etc.);
services for credit bureau data provision both about legal entities or individual entrepreneurs, and about shareholders, guarantors;
services providing state extracts on movable and immovable property;
other services.
The loan financing memorandum is closely integrated with the Customer relationship management module (CRM), as a result of which all the necessary corporate client data are introduced into the memorandum from the client data sheet in the automatic mode.
In addition, the system supports a number of control procedures at the time of preparation of the financing memorandum for corporate clients:
control over the general limit of the organization (no more than the agreed amount under other loan memoranda/no more than a certain amount from the capital of the organization, etc.);
control of a valid director's ID available in the system;
control of persons associated with the financial organization;
availability of all required attached documents and graphic data.
The system checks whether a potential borrower participates in other loans as a borrower and/or as a guarantor, checks related parties, and performs other checks.
The following sections are included in the loan memorandum for corporate clients:
financing terms (term, currency, amount, rate, grace days and other parameters that are defined in the loan product constructor);
client profile (general information about the client, contact information, management, founders, related companies);
market analysis (market share of a potential borrower, major competitors, major suppliers, strengths and weaknesses of the business, advantages of manufactured goods and services, business seasonality, environmental and social impact and other data as requested by the fund);
project analysis (type of financing, project stages, total amount of the project, interest of financing on the part of founders and fund, experience in this project and other information);
the purpose of the financing (working capital, equipment acquisition, and other purposes);
Financial analysis is one of the key units in the loan memorandum on the basis of which the organization makes a decision. This unit includes subsystems:
client's balance sheet. The functionality of the system supports a built-in constructor for a fund's specialist to independently create borrower's balance sheets for an unlimited number of dates based on data provided by the client. The functionality of the system also provides a unique opportunity for a specialist of the fund to independently create balance sheets items without any restriction for legal entities and/or individual entrepreneurs within the specified sections (current assets, non-current assets, current liabilities, long-term liabilities, capital). In such a way, it is possible to analyze balance sheets of legal entities and/or individual entrepreneurs as per different dates according to their internal details, taking into account general accounting principles. The system enables to automatically upload a balance sheet from Excel according to the set template;
profit and loss statement — PLS. The functionality of the system involves the built-in constructor, on the basis of which a fund's specialist can independently create borrower cash flow statements for an unlimited number of periods based on data provided by the client. The functionality of the system also provides a unique opportunity for a specialist of the fund to independently create PLS items without any restriction for legal entities and/or individual entrepreneurs within the specified sections (incomes, expenses). In such a way, it is possible to analyze PLS of legal entities and/or individual entrepreneurs as per different periods according to their internal detailing, taking into account general accounting principles. The system provides the ability to automatically upload the PLS from Excel according to the set template;
cash flow statement — CFS. The functionality of the system supports a built-in constructor, on the basis of which a fund's specialist can independently create client's cash flow statements for an unlimited number of periods based on the data provided by the client. The functionality of the system provides a unique opportunity for a specialist of the fund to independently create CFS items without any restriction for legal entities and/or individual entrepreneurs within the specified sections (Cash Flow from Operations, Cash Flow from Investments, Cash Flow from Financial Activities, Cash at Beginning of Period, Cash at End of Period). In such a way, it is possible to analyze CFS of legal entities and/or individual entrepreneurs in different periods, taking into account general accounting principles, based on internal details. The system provides the ability to automatically upload the PLS from Excel according to the set template;
profit and loss statement (PLS), projection. The functionality of the system supports a built-in constructor with which a fund's specialist can independently create projections of borrower's profit and loss statements for an unlimited number of periods. The system also provides a unique opportunity for a specialist of the fund to create items of the projected PLS independently or automatically based on the actual data in PLS by using a certain ratio for further manual data adjustment within the specified sections (incomes, expenses). In addition, it is possible to automatically upload the projected PLS from Excel according to the set template;
cash flow statement (CFS), projection. The functionality of the system supports a built-in constructor with which a fund's specialist can independently create projections of client's cash flow statements for an unlimited number of periods. The system also provides a unique opportunity for a specialist of the fund to create items of the projected CFS independently or automatically based on actual data in CFS by using a certain ratio for further manual data adjustment within the specified sections (Cash Flow from Operations, Cash Flow from Investments, Cash Flow from Financial Activities, Cash at Beginning of Period, Cash at End of Period). In addition, it is possible to automatically upload the projected CFS from Excel according to a set template;
cross-check. The functionality of the system includes a cross-checking mechanism and an analysis mechanism by minimum financial indicators set in credit constructors regarding particular products. For example, the system automatically checks the comparison of net profit in PLS for the period and the differences in retained earnings in the borrower's balance sheet. Based on the borrower's financial statements, the system also performs calculations of various ratios (pre-configured in loan constructors) and then performs a comparative analysis with the minimum indicators in products);
client's credit history. The functionality of the system supports downloading of the credit history from credit bureaus not only with respect to the borrower, but also with respect to founders, guarantors and other related parties. This allows to perform a comprehensive financial analysis of legal entities and individual entrepreneurs in terms of possible risks for the fund;
current account turnovers. The functionality of the system allows the analysis of bank statements and turnovers on current accounts of legal entities and individual entrepreneurs for different periods. This functionality provides an analysis of cashless transactions not only of the fund itself, but also of statements from other financial and credit institutions. This information serves as an additional verification mechanism for all financial statements of the client;
security – collaterals. The functionality of the system allows to register various types of security within the framework of the loan memorandum in accordance with the minimum values in the loan constructors for a loan product. The system supports accounting and registration by variety of parameters (location, area, arrangement, condition, cost/evaluation and others) of various types of security and their cover ratio:
real estate;
transport;
cash/deposits;
guarantor/co-borrower;
other collateral;
security assessment. The functionality of the system supports the introduction of various methods of security assessment including reports from the appraisers specially licensed and accredited by the fund;
documents and graphic data. The system's functionality controls the minimum package of documents for each product and ensures the storage of electronic document flow of legal entities and individual entrepreneurs in the framework of the loan memorandum. This unit includes not only borrower documents confirming the fact of his/her registration with the respective state agencies, and other statutory documents, but also scanned copies of documents confirming the identity of company shareholders, or registration documents of company shareholders, documents confirming the identity of guarantors, or registration documents of guarantors. The system does not have any restrictions on the number of documents included in the framework of the memorandum;
monitoring regulations. The functionality of the system allows to change the minimum terms of loan monitoring defined by the loan constructor within the framework of a loan memorandum. Upon the decision of the authorised persons and/or bodies, the loan monitoring schedule, frequency of monitoring, the list of requested information, etc. can be changed. Thus, the system provides flexibility in this aspect in order to minimize the fund's risks in making certain decisions;
loan memorandum approval procedure. System's functionality is deeply integrated into the control module for loan committees and workflows on loan application approval, so that the system directs all employees of the fund along the preconfigured decision-making chain.
Main functional units of the module:
creation and registration of loan memoranda;
procedure prior to drawing up of the loan memorandum. The system allows to postpone the preparation of a memorandum for a certain period;
procedure for loan memorandum forwarding for approval/confirmation.
procedure for an automated borrower financial analysis;
procedure for borrower data compliance with the terms of the selected product.
This module enables setup and automated generation of required printing forms:
loan application;
credit memorandum form / client profile;
consent to the processing of personal data;
consent to the queries to various data sources, including a query to credit bureaus;
other documents.
This module is used not only for the initial granting of all types of loans to legal entities and individual entrepreneurs, but also for repeat crediting. The module also is suitable for filling-in and creating consultation sheets, on the basis of which loan memoranda can be created. Additionally, the functionality of this module allows to restructure the already granted loans with follow-up approval of such memorandum under the pre-configured decision-making chain.
As a result, the functionality of the system fully meets all the needs of the fund in legal entities and individual entrepreneurs financing regarding the creation of a loan memorandum and forwarding it to the approval.

This is an integral part of the system infrastructure that is operated in conjunction with other modules and subsystems of the solution.
All clients, in particular individuals, individual entrepreneurs, legal entities, financial organizations, are registered on the single-window concept.
Upon creation of a client data sheet, client types are necessarily assigned in accordance with the type breakdowns matrix based on the requirements of the management team and/or the regulator. For example, a resident — an individual – the agriculture sector, etc. The system does not have any restrictions either on the number of created types or the number of values in these types.
Based on the types of clients, the accounting model is determined by the type of transaction. Based on the type the system automatically selects the necessary accounts from a setup matrix. Therefore, the human factor is completely excluded at the moment of transactions, and the data in analytical accounting always match the data in synthetic accounting without any manual involvement.
The system also has all the necessary controls in full compliance with the anti-money laundering regulations (AML) and the Foreign Account Tax Compliance Act (FATCA), as well as in accordance with the common reporting standard (CRS).
Demographic and personal information of clients is uploaded to the system and used in other modules, including for the preparation of management and regulatory reports:

• place of education;
• place of work;
• sector of economy;
• other client data.

The module provides a front office for branches and outlets of the fund, as well as a back-office interface for central customer relationship management.
Main functional units of the module:

• client management including editing existing client data sheets;
• registration of questionnaires under Know your client (KYC) procedures;
• management of CRS/FATCA forms;
• creation of an internal client stop-list (blacklist);
• registration and management of client profiles;
• attaching documents to the client's data sheet;
• procedure for checking the availability of documents, validity of documents and data in the client's data sheet.

This module enables setup and automated generation of required printing forms:
client form and other documents.
The module also enables integration of the client data sheet with other external fund systems through a specially designed service bus

The application and loan memorandum control module for individuals allows to fully automate the entire process of loan memorandum submitting, processing, initial approval, transfer of the memorandum to the committee for final decision and subsequent transfer of fully approved memoranda into the management system for loan agreements (credit conveyor) for granting of all types of loans for individuals:

• automobile loan;
• mortgage loans;
• financial lease;
• others.

The system allows the fund to independently manage the loan memorandum form (application) for individuals based on a built-in constructor:

• to determine required and optional entry fields;
• to determine interconnection of entry fields with different values;
• to create and independently edit data drop-down lists.

The module is integrated with the client's web portal, through which all requests are filled out by the client.
The module provides a front-office for branches and outlets and a back-office interface for integration with the automated banking system of a fund and for integration with external systems/services:

• state services for personal data provision about clients, guarantors;
• state services for data provision about client incomes (tax office, social insurance fund, etc.);
• services for data provision from credit bureaus;
• services providing state extracts on movable and immovable property;
• systems for borrower scoring point calculation;
• other services.

The back office is used by the fund's employees to verify completed applications and fill in missing information about clients in order to send it for approval to the relevant bodies of the fund.
The application for financing of individuals is closely integrated with the module for customer relationship management module (CRM) and other required subsystems and modules, as a result of which all the necessary personal data of the client are filled in automatically.
In addition, the system provides a number of control procedures at the time of fill-in of the application for financing of individuals:

• control of a valid ID available in the system;
• availability of all required attached documents and graphic data;
• availability of client's biometric data, etc.;

The system checks whether a potential borrower participates in other loans as a borrower and/or as a guarantor, checks related parties, and performs other checks.

The following sections are included in the application for individuals:

• product and financing terms (term, currency, amount, rate and other parameters that are defined in the loan product constructor);
• client profile, which contains the following main subsections:
• personal information about the client (full name, date of birth, number of the identity document, date of issue of the document, etc.);
• contact information (work phone, home phone, mobile phone, contact persons);
• source and size of income of the client and his family (job, private business and other sources of income, amount earned from different sources of income);
• expenses of the client and his/her family (monthly expenses with breakdown by different types: food, accommodation, etc.);
• social analysis (configurable questionnaires to calculate scoring points and to make automatic decisions);
• purpose of financing (mortgage, car loan, and other purposes);
• financial analysis (automatic calculation of various ratios, comparison of calculated values with the basic values set in loan constructors);
• security (real estate, transport, cash funds/deposits, guarantor/co-borrower, other collateral);
• documents and graphic data (scanned copies of identity documents, client photos, other documents required in accordance with loan constructor);
• client biometrics (fingerprint – Touch ID, Face ID);
• client's credit history;
• monitoring regulations;
• memorandum approval procedure (system's functionality is deeply integrated into the control module for loan committees and workflows on loan application approval, so that the system directs all employees of the fund along the preconfigured decision-making chain);

Main functional units of the module:

• creation and registration of loan memoranda/applications;
• procedure prior to drawing up of the loan memorandum. The system allows to postpone the preparation of a memorandum for a certain period;
• procedure for loan memorandum forwarding for approval/confirmation.
• procedure for an automated borrower financial analysis;
• procedure for borrower data compliance with the terms of the selected product.
• This module enables setup and automated generation of required printing forms:
• loan application;
• credit memorandum form / client profile;
• consent to the processing of personal data;
• consent to the queries to various data sources, including a query to credit bureaus;
• other documents.

This module is used not only for the initial granting of loan to individuals, but also for repeat granting, as well as for filling-in and creating consultation sheets, on the basis of which loan memoranda can be created.
Additionally, the functionality of this module allows to restructure already conducted transactions by using the subsequent approval chain of such memorandum under the pre-configured decision-making chain.
As a result, the functionality of the system fully meets all the needs of a fund in individuals financing regarding the creation of a loan memorandum and forwarding it to the approval