Temenos Lifecycle Management Suite - Loan Origination Product Guide
Automated Decisions

When a user clicks  within the Application Toolbar or final Origination screen in the Workflow, the Loan Origination module submits the current application to the Decision Model assigned to the selected Loan Sub-Product.

As part of the decisioning process, the following occurs upon clicking

Depending on the configuration of the Decision Model and Decisioning Rules, an application may have one of the following decision results:

Decision Description
Auto Approve The application has been automatically approved by Automated Decision Processing.
Auto Decline The application has been automatically declined by Automated Decision Processing.
If an application is auto declined, the default decline reason configured in System Management > Solutions > Origination is set.
None The Automated Decision Process may not render an Approve or Decline Decision. Applications may have their Status set to Pending Review, which requires a Senior Loan Officer or Underwriter review.

For an overview of the loan decision process, please see the Application Processing Overview topic within this guide.

 

 


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