9 Collateral Management
Centralized Asset Management or Collateral Management System (CMS) enables the user to record a new collateral, evaluate it, and re-evaluate the existing collateral.
A Collateral Management System is used to minimize the frauds which involve the same collateral being pledged for different Line of credit and re-evaluating existing collateral manually or connecting to the VIN Interface.
The Collateral Details screen is opened from the Servicing > Servicing > Collateral Management and contains the following tab: