Inspiration
During this pandemic situation, one of the toughest challenge Financial Institution face is tracking the past due transaction in Lending world. Finastra FFDC API "Lending Risk Management" provided as an Idea to develop this application to ease Credit Risk Manager to easily track past due transaction with graphical representation.
What it does
Create a flexible way for Credit Risk Managers to identify past dues, send notice to borrowers on the past due items and integrate with Loan IQ.
How we built it
We used Finastra's FFDC API "Lending Risk Management" using the technology framework JSP and Servlet.
Challenges we ran into
The "Lending Risk Management" is a B2E API which uses the grant type "authorization code", due to which we had the challenge to get the access code once we request the access
What we learned
Through this application it gave us immense opportunity to understand OpenAPI, FFDC application and how flexible it is to build using the APIs.
What's next for Credit Risk Management
We would like to improvise the functionality and User interface using the latest technology stacks such as Angular and Springboot.
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