Transact Originate Loan Arrangement
A 3-step recipe with Temenos. We can help you get access.
Recipe · 3 steps
Transact Originate Loan Arrangement
with Temenos · Customer Data Management
Onboard a borrower and originate a loan arrangement in Temenos Transact.
- Create the borrower as a customer party record.
- Originate a loan arrangement for the borrower with the supplied principal, currency and term.
- List the borrower's loan arrangements to confirm the new loan is booked against the customer.
What you'll need to have ready
- customerType: Customer classification (INDIVIDUAL or CORPORATE).
- firstName: Borrower first name.
- lastName: Borrower last name or company name.
- productId: Loan product identifier.
- currency: Loan currency in ISO 4217 format.
- principalAmount: Requested loan principal amount.
- term: Loan term in months.
For your developer
Arazzo workflow temenos:originate-loan-arrangement, 3 operations: createCustomer → createLoan → listLoans. Specs on APIs.io.