Syges3 Sydema

SYGES3 is Sydema's integrated platform for managing non-performing loans.
The application includes three different bank areas ranging from the accounting management of non-performing loans, to the determination of the budget values for all credit up to the calculation of the discount rate for anomalous customers.

WHO IS IT FOR?

• Banks
• Service centers

THE MAIN ADVANTAGES

Quality and accessibility to information: Syges3 organizes non-performing credit data in a single, rational, consistent and complete multi-institution database.

• Operational and management support: Syges3 automates most of the "Time consuming" activities and supports the user in the analysis of the balance sheet, profitability/cost of credit and impact simulation
• Process integration: Syges3 synchronises, integrates and streamlines the ac-tivities involved in the non-performing credit lifecycle
• Fast closing: the processing of the database produces the Impaired Loan Ma-trix containing all the accounting, administrative and management information that allows the fast closing objectives requested by the management to be achieved
• Governance of non-performing credit: the summary and detailed vision of costs and credit quality allows Credit Policies, through advanced analysis and re-porting functions, to monitor and intervene in time on Business areas and to adopt incentive systems.

POCI (Purchased or Originated Credit Impaired)

Within the Syges3 product, Sydema has created a specific module to manage the bal-ance of POCI classified relationships of all types of non-performing, past-due, UTP and non-performing loans.

HOW IT WORKS
The engine provides all the information useful for feeding the general ledger, balance sheet and provides all the entries on the supervisory reports. The engine offers analytical reports with all the information useful to the budget office.