Collateral Tracker for Cleartouch® from Fiserv is designed to improve your efficiency by providing an integrated view that enables you to mitigate risk by effectively managing all collateral used to secure loan agreements.
Understanding collateral risk is one of the most challenging and labor-intensive business processes that your financial institution must manage. Financial institutions are required to track a significant number of data points for real estate, commercial inventory and equipment, securities, deposits, vehicles and life insurance to monitor collateral value and identify accounts with a high loan-to-value (LTV) ratio.
With Collateral Tracker, you are able to manage these collateral types and facilitate collateral across multiple loans. This solution provides a common collateral tracking database that allows your financial institution to link collateral to customers and to one or more loans.
Using a customer-centric model, Collateral Tracker helps you manage risk at both the loan and portfolio levels. You can define processes that are specific to products and collateral, as well as generate timely results for management and regulatory reporting.
Accessed from Customer Source℠ for Cleartouch from Fiserv, Collateral Tracker improves the ability to track and monitor collateral for all loan products.
With Collateral Tracker, your financial institution can benefit from: