Applicon Syndication is an integrated solution (Add-On) to SAP Loans Management ERP. It takes advantage of standard SAP Loans Management functionality.

Applicon Syndication is the result of a 4 year cooperation with customers within the Financial Services industry. Since the solution was first delivered in 2005 it has been delivered in a few versions, and is now available as a standard product from Applicon.

In general the product enables combining multiple loans to create a single loan product, e.g.

  • Syndicated loan
  • Revolving loan
  • Housing loan (top/bottom loan)
  • Multicurrency pool

Main features

  • User-friendly and intuitive for individual transactions
  • Easy-to-use workbench displays all loans in a syndicated project
  • Supports multi-currency syndication projects
  • Flexible enough to manage different loan types and loan products
    • Bullet loans
    • Installment loans
    • Annuity loans
    • Loans with different maturity
  • Each loan can have a number of drawings
  • Each loan can have a number of business partners

Main benefits

  • Add-on component to the SAP Loans Management ERP, e,g, no modification to standard making it easy to upgrade
    • Customer loans / asset contracts
    • Investors loans / liability contracts
  • Fully integrated with other SAP modules such as CIF, SAP BCA and SAP CMS

Included functionality

  • Syndication Workbench displays all contracts linked together in one project
  • Syndication Check functionality performs validation check on the syndication project
  • Automatic creation of liability contracts (Rollout)
  • Aggregated Cash Flow displays the cash flow across the whole syndication
  • Mass Disbursement of tranche contracts and liability contracts linked to it
  • Incidental cost of a disbursement
  • Syndication Light Payments handles all payments for a syndication project

Reports as part of the product

  • Total Engagement Report
    • Displays all of a business partner’s commitments, e.g. CML, BCA, CMS.
      • Single-step access to the Syndication Workbench
      • Available for both customers and participants
  • Reconciliation of Cash Flow between Assets and Liabilities
  • Overview of Total Syndication
    • Participation portfolios
    • Individual syndication
  • Overview of Total Collateral

Linked files