ApPello’s Collateral Managmeent currently supports 10 main types of collaterals such as real estates, movables, guarantees, etc. Under each collateral class there are possible categories and sub-categories. This sub-categorization provides the possibility to specifically name what collateral we are talking about, e.g. Real estate / Residential / Family house, and also to differentiate the main parameters for every sub-category.
ApPello can easily adapt to the Bank’s collateral catalogue with the so-called Collateral steering table which collects the collateral types. Later on, it is extendable and editable by the Bank. The business administrator is able to define the properties and parameters valid for a collateral type in the collateral steering table. Such properties are, for example maximum and minimum haircut, default eligibility, allowed evaluation types, evaluation and monitoring frequency.