The Realization Of New Generation Personal Loan And Business Accounting System Of Commercial Bank

The topic of this paper comes from a development project, A New Generation of Personal Loan and Business Accounting System, for some one commerical bank.Before the new generation of consumer credit business accounting system development,there are several constraints in this system.the development according with the types of loans provided by the headquarters, resulting in the curing process on the characteristics of each type of loans can not be shared merits; Loan Accounting lack of system-level control means;it created a difficult for the unified management and marketing;but also had some production on the formation of the problem data;Personal Loan Accounting System of the single rate control mode, the face of markets have seen all kinds of new accounting methods difficult and timely response; business functions need to innovate; In order to solve these problems, Under the guidance of commercial bank's overall strategic plan and a new idea on the main business system design flow, this development system is combined with the existing loan system functions and some updated requirements from every bussiness unit in recent stages. It is a huge innovation and upgrading,whatever on business or technology, by referring to the advanced system experiences in the same international industry to reconstruct the personal loan operations.Designed from the angle of business, the whole system takes innovative payment methods and flexible interest rate models as the main line, it fully shows the innovation and flexibility of all products and a kind of service philosophy of customer centric. From technology, it integrates the design concepts of modularize, parameterize and structure of the core banking system in domestic, by modeling the core system flexibly to achieve a variety of functional independence, which can be carried out from the operational requirements of a flexible combination of various functions to create a wide variety of products. Meanwhile, according to the difference between the various regional operations and management level in each local bank area, it implements to support the business processing capabilities and provide a strong platform for the personal credit business of product innovation in the entire line.The most important technical feature of this system is on how to handle the business accounting for personal loans, it adopts the design idea about product-element, hierarchical modularization, parameterization, calculation in subpargrah and so on; also it uses the large-machine technology and advanced version control, which supports multi-partitions in parallel and 24 hours running.For the product-element, it designs a set of new management model on credit production elments, pulls out of the boundary conditions of production characteristics from the products and takes them as the basic elements of production composition and risk management. Unit with the basic elements, it makes a kind of parameterized and component-based design form, enables the system to be more flexible and assembles the new credit business products, according to market and customer requirements. During the creation of a variety of financial service functions, it realizes the control and management to the credit business risks on the core features of the products, core processes and core part. At present, the production elements include the payment methods, return cycle, interest rate mode, interest rate movements cycle, charge mode, interest-bearing signs, payment signs, grace period marks, loan interest subsidiary signs, etc, which has basically covers most of the loan characteristics. After the business system is attained the innovative process, this softwarew system will meet the business product launch with a strong expansibility soon.For the hierarchical modular design, based on the elements of prodution, it establishes the modular on loan lenders, normal repayment, prepayment, late payment and repayment schedule generation features from the loan business functions. With functional modularization and configurable treatment, it changes the limiation bounded by products and function in the past, instead to divide them from different topic such as customers, media, channel, product, protocol and account-level; which makes each function dispose independently and becomes a separate module, while each functional module, by selecting the specific components to settle the accounting functions of the products, is configured to generate the product components, and realizes the business requirements on the basis of a flexible combination for various functions to create a wide variety of products series. It's convenient for business unit to launch the new products under the market demand.For the parameter control, it aims to control the paremeters of the loan production elements, not only makes the head office operations avoid the dis-normative business in different areas effectively through a set of unified parameters, but also ensures the characteristics and differences control to every regional. By the way of authorization from the business unit in head office directly or delegating the authority to set the product elements, moreover, to anchor these typical products separately in the region,it will meet the actual requirements. At the same time, considering the rapid development of external self-service channel business and risk control, it improves the management level and regulation on channel business. Through set channel parameters by the business unit in head office, it can control the relationship between channels and business, to avoid the risks of channel business.Meanwhile, the overall structure of the new system's set-up, fully reflect the product, channel, media, protocols and other management thinking, changing the original calculation by product binding factor, the practice of curing product category, all products will be "stripped" to "amount, duration, interest rates, repayment, repayment period, interest-bearing model, by way of security "and other core elements of 30 categories. It also according the smallest "size" elements, creative design the definition of elements, control and management processes, through the combination of elements,and it can be easily configured to form new products. Preliminary estimates by the principle of the system put into operation, in theory, provide more than 15,500 kinds of personalized products, comprehensive coverage of existing products in a commercial bank, far beyond the number of products with the industry.Implementation of the project,built a independently developed new generation intellectual property accounting system, meet the support of commercial bank credit product innovation, changes in the repayment period, interest-bearing means, the interest rate management, credit services, and commission business needs, while also taking into account the risk of centralized management of innovation and business needs, forward-looking period of time to consider the future development of consumer credit business and system trends for the whole line of consumer credit business continued development system support platform.