Assumptions

The Assumptions page allows you to access several setup pages that allow you to set assumptions that are used throughout the application.


Assumptions menu to access sub-pages.

From Assumptions, you can access the following:

  • Loan Applications
  • Deposit Applications
  • Service Applications
  • Sub-Instruments
  • Common
  • Simulation Sets
  • Loan Status
  • Assumptions Training Videos
    These training videos discuss four key assumptions that help you determine the overall profitability of individual loans and deposits.
  • Loan Applications Setup
    Use Setup > Assumptions > Loan Applications to tailor the institution's loan assumptions by product. The settings found here provide Chief Loan Officers (CLOs) and senior credit officers with considerable flexibility for defining assumptions.
  • Setting Up Deposit Applications
    Use this information to create a list of the institution's deposit products or product groups. This list matches your core system and the information coming into the application each month through the monthly update process.
  • Setting Up Service Applications
    Use Setup > Assumptions > Service Applications to create a list of the services the institution provides. The application allows several assumptions to be defined for each service, which makes it possible for services to be priced accurately.
  • Sub-Instruments Setup
    Use Setup > Assumptions > Sub-Instruments to identify the activity codes from statistical files that an institution wants to track and use to set up fee income and expense assumptions.
  • Common Assumptions Setup
    Use Setup > Assumptions > Common to set general assumptions that are used globally across the application.
  • Simulation Sets Setup
    Use Setup > Assumptions > Simulation Sets to enter five sets of assumptions that other loan officers can use to examine the effect of index changes on different pricing scenarios.
  • Loan Status Setup
    Use Setup > Assumptions > Loan Status to create additional loan statuses.
Parent topic: Setup
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