Origination Processing

Origination Processing (previously Loan Origination Service (LOS)) is a financial service that is offered to corporates in the context of corporate financing and raise capital. This Microservice supports the following functions during the journey of the Origination Processing by persisting the data.

• Pre-Screening – Onboarding or credit request, pre-screen compliance, preliminary structuring, data gathering requirements, alerts/notifications, and disclosures.
• Credit Packaging – Considerations to automated services/integrations, exposure, initial risk ratings, and narratives.
• Underwriting – Request, financial, collateral, party, pricing, and fees review. Final risk rating, compliance, monitoring requirements, decisions, and narratives.
• Offer and Acceptance - Term sheet and borrower acceptance.
• Due Diligence – Compliance, collateral affirmation, loan review, and conditions review.
• Documentation – Document upload, document generation, and reviewing capabilities.
• Closing – Registration filing, servicing (boarding, disbursement/funding instructions, notifications), and follow-up.

Once the journey completes, all the data is passed to the servicing application.