Lifecycle Management Suite Release Highlights - Loan Origination
Functional Changes

This section provides a list of key functions that were removed or changed in the Framework. Using the table below, institutions are able to understand the functional changes made throughout the Framework for this release.

Function Action Reason/Description
Cross-sell Created By and Originating Branch Values on Child Applications Changed

The Cross-sell process has been enhanced to set the Originating Branch and Created By User fields within a child application to reflect the Originating Branch and Created By User fields within the parent application.

 

Previously, the Created By field reflected Lending System and the Originating Branch was blank.

Automatically Decision Child Applications Changed
The Cross-sell process has been enhanced to automatically approve child-applications based on the "Automatically decision cross-sell application at creation" parameter located in the Solution.Lending's Approved tab. 

Previously, child applications required manual decisioning.
Cross-sell Refinance Flag on Liabilities Changed
Replacement and Consolidation cross-sell opportunities automatically select the liability Refi check-box for the liabilities being refinanced or consolidated within the child applications created by the cross-sell.

Previously, this check box was not selected.
Stop Cross-sells on Child Applications Changed
The Process Cross-sells on Approval event pair has been enhanced to prevent cross-sells from generating on child applications using the system-defined StopCrossSellAction rule.

Previously, cross-sell opportunities were able to automatically process on child applications.
Automated Consolidated Cross-sell offers Changed The Framework is now able to automatically propose consolidated cross-sell opportunities using CrossSellReplacementSelection rules.

Previously, consolidated opportunities could only be manually created.
Basic Search Includes Cross-Sell Fields Changed The Basic Search screen has been enhanced to display the Application Channel and Parent Application Number fields.
Cross-sell Disclosures Changed The Framework is able to display disclosure information for Cross-Sell products, allowing institutions to mandate the acceptance of cross-sell product disclosures prior to accepting cross-sells.

Previously, cross-sell acceptance did not support disclosures.

 

 


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