Temenos Lifecycle Management Suite - Origination Product Guide
Application Processing
| End-User Guide > Application Processing |
The following flowchart depicts the lifecycle of a loan application including account products from Initialization through Disbursement:
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The following flowchart assumes that a loan application including account products has been created and depicts the steps that may occur during each stage of that process. For more information on the lifecycle of an account application or a loan application without account products/account decisioning, please see the following sections within this topic: |
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Please reference the KEY included at the top of the flowchart for an illustration of how items such as User Generated, System Generated, and Optional actions are depicted throughout the lifecycle of a loan application including account products. |
 "Click to Enlarge")
The flowchart above assumes that an application is processed using a workflow with the following screens:
Origination
Underwriting
Post Decision/Disbursement (Approval Stage)
In addition to the aforementioned screens, this flowchart also assumes that the following permissions have been granted to the users/groups completing the application:
Initialization
Create New Application
Origination
Underwriting
Post Decision (Approval)
Disbursement
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For more information on screens, workflow models, permissions, or any other configurations that affect the application lifecycle, please refer to the Administrator Guide. |
When both the Loan and Account Origination modules are active, separate application processes can be performed in Temenos Infinity. The flowchart above illustrates the lifecycle of a loan application that includes account products and account decisioning; however, it is possible for an institution to create an account application as well as a loan application that does not incorporate account functionality into the application process.
Reference the following for an overview of the account application process and loan application process:
The following flowchart depicts the lifecycle of an account application from Initialization through Disbursement:
|
Please reference the KEY included at the top of the flowchart for an illustration of how User Generated, System Generated, and Optional actions are depicted throughout the lifecycle of an account application. |
 "Click to Enlarge")
The flowchart above assumes that an application is processed using a workflow with the following screens:
Origination
Underwriting
Post Decision/Disbursement (Approval Stage)
In addition to the aforementioned screens, this flowchart also assumes that the following permissions have been granted to the users/groups completing the application:
Initialization
Create New Application
Origination
Underwriting
Post Decision (Approval)
Disbursement
The following flowchart depicts an application’s lifecycle from Initialization through Disbursement:
|
Please reference the KEY included at the top of the flowchart for an illustration of how items such as User Generated, System Generated, and Optional actions are depicted throughout the lifecycle of a loan application. |
 "Click to Enlarge")
The flowchart assumes that an application is processed using a workflow with the following screens:
Origination
Underwriting
Post Decision/Disbursement (Approval Stage)
In addition to the aforementioned screens, this flowchart also assumes that the following permissions have been granted to the users/groups completing the application:
Initialization
Create New Application
Origination
Underwriting
Post Decision (Approval)
Disbursement
Account Application Process