The Product Management module is the foundation for creating and managing banking products, enabling financial institutions to configure and deploy various financial products with specific rules and parameters.

Overview

The Product Management module provides a comprehensive framework for creating and managing banking products. From loan products to deposit accounts and fixed assets, the system enables flexible product configuration with specific rules, parameters, and pricing structures.

Product Configuration

Product configuration involves setting up specific parameters, rules, and features for each product type.

Configuration Elements

  • Product parameters
  • Pricing rules
  • Eligibility rules
  • Processing rules
  • Documentation requirements
  • Regulatory compliance
  • Reporting requirements

Product Lifecycle

  1. Product creation
  2. Parameter configuration
  3. Rule setup
  4. Testing and validation
  5. Product activation
  6. Monitoring and maintenance
  7. Product deactivation

Integration Points

The Product Management module integrates with:

  • Account Management
  • Client Management
  • Transaction Processing
  • Risk Management
  • Reporting Systems
  • Marketing Systems
  • Compliance Systems

Next Steps

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