Loan Extracts for Participate image

Loan Extracts for Participate

By Prometheus Financial Solutions LLC

The Loan Extracts for Participate DNAapp provides transaction, rate and organization data that is loaded into the Participate system for processing.

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Meta information

Platform

DNA

Category

Lending

Overview

The Loan Extracts for Participate DNAapp provides transaction, rate and organization data that is loaded into the Participate system for processing.

The Participate system helps each Financial Institution and their Participants to view the daily activity for loan transactions, participation transactions, loan rate changes, participant rate changes and CIF and contact information for the Participant. This assists in streamlining the process and possibly eliminates the need for reconciliation with the client and their participants.

Benefits

  • Ability to generate extracts on both a daily and historical basis as needed.
  • Flexible parameter-driven batch application components which allow full or isolated product and transaction sets to be run.
  • Parameter and variable-driven inclusion/exclusion options that enable versatile filtering with a "soft code" approach.
  • Assists in streamlining data for the Client and the Participant.

App Information

Version
1.0.0.0 - Published November 2023
Developer Website

Specs

DNAapp Type: Batch Extract    
 
Developed with DNAcreator™
 
DNAX File Name: PartLoanExtracts.dnax