Milessoft’s Security Based Lending Solution is a comprehensive application covering the entire gamut of lending against securities and capital market instruments. This system ascertains the value of the collateral security provided by the customer to determine the value of the loan which can be offered. The functionalities covered under this product are:
- Loan Against Securities
- Margin Funding – Equity/Mutual Fund
- IPO Funding
- Commodity Funding
- ESOP Funding
- Borrowing Management.
The overview of the system is given below. Using the standard architecture of Miles, the system enables Organizations to cover all the operational and risk management aspects of the lending business.