AA Module
- msurii
- Topic Author
- Offline
- Premium Member
- Posts: 89
- Thank you received: 1
Please Log in or Create an account to join the conversation.
- talisman
- Offline
- New Member
- Posts: 4
- Thank you received: 0
AA is a new module, where we don't follow the convention t24 approach... AA is diffretiated in to components.. i.e. Payment schedule is defined in seperate component, Interest component is defined in a separate component etc... Even the customer has option simulate his contract and can check wat happens if interest rate is changed after a certain period of time, What if he repays a part of commitement amount etc...
Please Log in or Create an account to join the conversation.
- talha
- Offline
- Senior Member
- Posts: 72
- Thank you received: 0
Please Log in or Create an account to join the conversation.
- talisman
- Offline
- New Member
- Posts: 4
- Thank you received: 0
i am sorry to say that i dont have any knowledge on MM application.. If you have any queries in AA i can help you out with what ever i know about it..
Sorry
Please Log in or Create an account to join the conversation.
- talisman
- Offline
- New Member
- Posts: 4
- Thank you received: 0
if possible brief me about the MM application, so that i can relate it AA and help you out..
Please Log in or Create an account to join the conversation.
- talha
- Offline
- Senior Member
- Posts: 72
- Thank you received: 0
Please Log in or Create an account to join the conversation.
- prasadn
- Offline
- New Member
- Posts: 8
- Thank you received: 2
AA, Arrangement Architecture, is a new module available in T24. It currently supports only loans. I understand AA currently replaces MG (Mortgage) module but not MM (Money Market) module.
To give an overview of AA, it is component based. Take for example, preparing a pizza. You take a pizza base and go ahead preparing your own pizza, adding your choice of toppings from out of the available menu - say cheese, capsicum, pepperoni. Given a choice every one can make his own pizza - different permutations and combinations!
In a similar way, the banking loan products are split into components - like principal, interest, penal interest, term, charges etc. defining each component with certain qualities. Imagine there is a basket of all these components with varied qualities. When a bank wants to launch a new loan product, in no time it can launch the product assembling the required components picked from the basket.
Prasad.
Please Log in or Create an account to join the conversation.
- Lior
- Offline
- Premium Member
- Posts: 115
- Thank you received: 1
At the moment it supports only Loans.
It uses a different approach then all the other modules in T24.
The end user / Business analyst would be able to set up rules, commissions, etc. This is like building blocks which can be put in a hyrerchial way and later be used by different modules.
Please Log in or Create an account to join the conversation.
- pnieles
- Offline
- Junior Member
- Posts: 25
- Thank you received: 1
It is not meant to replace MM which is the Money Market application
Please Log in or Create an account to join the conversation.
- talha
- Offline
- Senior Member
- Posts: 72
- Thank you received: 0
Please Log in or Create an account to join the conversation.
- meenai
- Offline
- New Member
- Posts: 16
- Thank you received: 0
can you upload or mail it to me please?
thanks.
This email address is being protected from spambots. You need JavaScript enabled to view it.
Please Log in or Create an account to join the conversation.
- sadakka
- Offline
- New Member
- Posts: 4
- Thank you received: 0
1. AA will be applicable in in Retail Lending, Deposits and Accounts.
2. AA has 3 components which are AA Retail Bundle, Product Builder and Property Class.
3. The Retails Bundle will allow users to design and arrange bundle components like loan offset, interest fixiing and Interest update.
4. AA Property classes are released by Temenos. User can use it. the classes are build in functions like customer, alert and eligibility.
5. We can build products using the product builder and property classes by defining various business requirements in align with conditions like interest rate, local customer, seniour citizens, day basis etc...
How this helps to banks?
The products owner can design the new products based on the business rules newly formed to the banking products.
Note: I have no documents for the AA. It is the tips got from Temenos consultants.
Please Log in or Create an account to join the conversation.
- sridhar.reddy
- Offline
- Junior Member
- Posts: 26
- Thank you received: 1
Please Log in or Create an account to join the conversation.
- hazeeb
- Offline
- Junior Member
- Posts: 25
- Thank you received: 3
Please try the Change Product Component, where ur new arrangement could be changed to the new product on the specified date either automatically or manually fetching either new conditions of the new product or by retaining the same CURRENCY or taking new currency.
Thanks
Abdul
Please Log in or Create an account to join the conversation.
- T24Recruiter
- Offline
- New Member
- Posts: 1
- Thank you received: 0
Are there any T24 AA developers on here who are based in Sydney at the moment?
Please Log in or Create an account to join the conversation.
- siva190684@gmail.com
- Offline
- New Member
- Posts: 19
- Thank you received: 0
Thanks,
Siva
Please Log in or Create an account to join the conversation.
- zaki_hyder
- Offline
- Premium Member
- Posts: 102
- Thank you received: 1
Please send me documents of tips to This email address is being protected from spambots. You need JavaScript enabled to view it.
Regards
Please Log in or Create an account to join the conversation.
- krizvi
- Offline
- New Member
- Posts: 5
- Thank you received: 0
Please send me documents of tips to This email address is being protected from spambots. You need JavaScript enabled to view it.
Regards
Please Log in or Create an account to join the conversation.
- sachinvanjara
- Visitor
Please Log in or Create an account to join the conversation.
- sajjad.ali123
- Offline
- New Member
- Posts: 1
- Thank you received: 0
Please Log in or Create an account to join the conversation.