Syndication Loan Administration and Processing System
a technology of syndicated loans and processing systems, applied in the field of syndicated loan management and administration systems, can solve the problems of limiting the amount of funds, requiring a significant amount of resources to properly complete the funding transaction, and large commercial loans, and achieve the effect of simplifying the structure of the syndicated loan transaction
Inactive Publication Date: 2014-09-11
JPMORGAN CHASE BANK NA
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AI Technical Summary
Benefits of technology
The system streamlines loan management by enabling efficient tracking and reporting, improving coordination among lenders and borrowers, and enhancing regulatory compliance, thus addressing the limitations of existing systems in handling the complexities of syndicated loans.
Problems solved by technology
The types of commercial loans needed are typically large and require a significant amount of resources to properly complete the funding transaction.
Lending institutions such as commercial banks typically have limits to the amounts of funds they wish to commit to any one commercial undertaking.
The loan syndicate can underwrite large commercial loans, while spreading risk and liability among the various members to lessen the impact of any risk associated with the large commercial loan.
Loan trading presents a further administrative burden on the syndicate manager, which must track changes in ownership.
Syndicate loan managers typically find it difficult to assemble a group of banks to collaborate on a single credit transaction.
Once a group of lenders is assembled, it is further challenging to coordinate the group during the lifetime of the loan.
Method used
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[0025]Referring now to FIG. 1, a diagram of system interconnectivity with various layers is shown. A presentation layer includes client machines, while a middle layer represents local area network access and communication ports. A database layer includes mass storage devices and database processing engines for accessing data stored in the mass storage devices.
[0026]An individual user typically accesses the system shown in FIG. 1 through a user interface 10. User interface 10 is preferably connected to an application server 20 and a reports server 22, each of which are accessible by the user. Application server 20 preferably has access to a number of resources including a network file server 12, an SNA gateway 14 and a fax server 16. Network file server 12 hosts network accessible files and has a large number of resources available to the LAN (Local Area Network) comprising the middle layer indicated in FIG. 1. SNA gateway 14 provides access to central mainframe 32 for application se...
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A loan syndication tracking and management system and method provides a user with access to specific details related to a syndicated loan. The system and method coordinates investor, borrower and resource information, in addition to features related to the overall structure of a syndicated loan. Users access the system with various levels of permissions to view, add, update or delete information according to their allotted permissions. The system permits multiple users to access the information for efficient handling of approvals and requests related to multiple investors and borrowers, in addition to handling institution interchanges and notifications. The system and method keeps a record of all transactions and changes for review, reporting or regulatory purposes. The administration of a syndicated loan transaction is simplified while providing advanced features such as support for loan trading.
Description
[0001]This application is based upon and claims benefit of U.S. provisional application 60 / 192,098, filed Mar. 24, 2000, to which a claim of priority is made.BACKGROUND OF THE INVENTION[0002]1. Field of the Invention[0003]The present invention relates to a syndication loan management and administration system for tracking information related to a syndicated loan. More particularly, the present invention relates to a multiuser system for accessing and manipulating data related to a syndicated loan, including investor, borrower and institution information.[0004]2. Description of the Prior Art[0005]Financing of a large commercial endeavor typically requires leveraging a large amount of financial resources to support creation of a commercial entity. A planned commercial endeavor will typically involve a number of individuals responsible for initiating and managing the endeavor through its various phases, including inception of the commercial entity. These individuals will typically seek...
Claims
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IPC IPC(8): G06Q40/04G06Q40/00
CPCG06Q40/04G06Q40/00G06Q40/02G06Q40/06G06Q40/08G06Q40/03
InventorLOUIE, EDMUND H.CAMPBELL, MICHAEL X.
OwnerJPMORGAN CHASE BANK NA