Simulation

In this screen, the potential customer inputs two parameters: the amount and the period of the loan. Based on these values, the system recommends a product. The simulation gives the customer a preview to a product that might service their financial needs. The potential customer must:

 

1. Insert the values in the two fields labeled Amount and Period. The amount is the value borrowed from the bank and the period is the interval of time when the person is expected to pay off the amount borrowed with an interest. The period is measured in months.
2. Click the backspace button to delete the default amounts.
3. Insert the values needed.

or

1. Insert loan details such as amount and period. The amount is the value borrowed from the bank and the period is the interval of time when the person will be paying back the amount borrowed with an interest.
2. Use the two vertical scrolls to set the amount and period.
3. Click Make a simulation, to continue to Product Selection.

The system now calculates the input values to return a suggestion to the customer. In FintechOS Studio, the values inputted by the customer are registered, afterwords the system calls for the maximum and minimum amounts and periods for each banking product. For details, see the server automation script FTOS_BARET_FilterAvailableProductsAmountAndPeriod. Depending on the values inserted, the system checks to see whether the values are found within the minimum and maximum. Then, it lists the top 3 (or less depending on the result) based on the order in the naming of the products.