Synergy Loans and Deposits (LD) manages your overnight, fixed-term and call loans and deposits.
Interest and principal can have fixed or variable schedules — settled separately or net — with support for all standard business date conventions.
Rollovers and prolongations are fully supported within Synergy LD, and matured deals can be canceled, reversed, and amended. Income or expense
on margins can be divided among multiple departments. Interest may be prepaid, net at issue, or paid in arrears, and deposits can be blocked.
In addition to having the ability to enter amendments with future value date, you’re able to settle with GL, DDA, or Nostro accounts, and pay or receive via SWIFT. Customer output is available in SWIFT, where appropriate, and via paper, fax, or email — in any language.
