MIP Holdings (Pty) Ltd

online, in real time via an interactive, web-based front-end. All transactions and their effects are immediately available for enquiry and further processing. Business process and business continuity documentation is used for detailed training and user support across all levels of the business.

Search Engines facilitate quick access to client, account, ledger, loan security and other information. This provides a one-stop access to all client information, allowing users to effectively deal with client queries while on the telephone.

standard MI reports and non-standard queries and reports through organisational structure, cash flow management and EasyAsk® (READ MORE: is the preferred supplier of the query and reporting tools, although others can be accommodated to suit client requirements.)

document tracking inflow, document generation and document tracking outflow.

link any type of diary item to an account, providing event and action reminders with escalations. This includes client CRM information, client structures; call logging and loan security or other transactional information.

full debtor accounting; dynamic fee structuring; interest and installment plans (arrears or advance, any period type) as well as funding and margin management. This includes derivative funding (BA), group exposure (risk) profiles, group schemes, electronic funds transfers (ACB) and payroll deduction systems.

a system provides solution architecture for the quick deployment of products, administration and management processes through:
    •    secured and unsecured lending,
    •    many-to-many relationships
    •    parameter driven
    •    data exchange and
    •    web functionality.

security, letters of undertaking, credit control, legislative requirements, access control and an audit trail.

Security
Extensive and integrated property and bond data functions facilitate accurate exposure management. This includes a powerful search engine; valuation data; multiple property links per account; multiple bond types (principle, surety, collateral, etc.); multiple bonds per property; multiple properties per bond; as well as movable asset and sundry security details to maintain non-property security (e.g. motor vehicles, computers, shares and cessions).

Letters of Undertaking (Guarantees)
The system stores and maintains outstanding commitments and issued guarantees, providing the relevant management controls.

Credit Control
Online management of due payments; projected receipts and age analyses (including full arrears and management control reporting) ensures regular reviews of all loans.

Legislative Requirements
Data management and reporting functionality facilitates legislative requirements, such as DTI returns, FICA, Basel II and National Credit Bill requirements.

Access control
Standard or individual access profiles for administrators, managers and lenders facilitate the management of dynamic and auditable menus, and access down to account and field level.

Audit Trail
There is full before and after detail of data changes (including detailed staff, date and time information, etc.)