MODULE:

Criticized Assets System

Teslar automatically reviews data in your core system to determine if a loan should be criticized or classified.

Our Criticized Asset system (also called Special Asset System) automatically reviews data in your core system, including related debt, to determine if a loan should be criticized or classified. It then routes problem loans to criticized loan workflows where it auto-populates account data. Your loan officers simply complete a narrative description via a template designed to meet regulator expectations.

Key Features:

Automatically identifies loans that should be criticized or classified

System auto-groups relationships

Can create multiple forms/narratives

Unifies data from multiple cores

Can trigger workflow for ASC 310, and ASC 310 can be built inside this module.

“Obtaining simple access to all of that key data that sits in your core, but is not easy for the average person to quickly see (like loans with Risk Rating 4) is a gamechanger.”

Bill Loving

President & CEO, Pendleton Community Bank

Download Criticized Assets One-Pager

Download this one-page document for a quick and simple overview of Teslar’s Criticized Asset system.

Download Document