Assumptions

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

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
You can tailor the institution's loan assumptions by product on the Loan Applications setup page. These settings provide Chief Loan Officers (CLOs) and senior credit officers with considerable flexibility for defining assumptions.
Setting Up Deposit Applications
You can create a list of the institution's deposit products or product groups on the Deposit Applications page. This list matches your core system and the information coming into the application each month through the monthly update process.
Setting Up Service Applications
You can create a list of the services the institution provides on the Service Applications setup page. The application allows you to define several assumptions for each service, which makes it possible for you to price services accurately.
Sub-Instruments Setup
You can identify the activity codes from statistical files that an institution wants to track and use to set up fee income and expense assumptions on the Sub-Instruments setup page.
Common Assumptions Setup
You can set general assumptions that are used globally across the application on the Common setup page.
Simulation Sets Setup
You can enter five sets of assumptions that other loan officers can use to examine the effect of index changes on different pricing scenarios on the Simulation Sets setup page.
Loan Status Setup
You can create additional loan statuses on the Loan Status setup page.

Parent topic: Setup

Related concepts

Pricing