General Info
When a deal is marked as settled, or switch/refix product is posted to commissions/completed, tasks are automatically set for common product related activities such as:
Fixed rate expiry date.
Interest Only (IO) repayment expiry date.
Introductory rate expiry date (variable rate products only).
Asset loan term expiry date.
All tasks are set as follows:
Unless checked off tasks will be automatically added
Task is automatically assigned to the deal owner. They can be manually re-assigned to other team members.
Due date is automatically set to two (2) months prior to deal marked as settled date. This can be manually adjusted to a different date.
These parameters are set for every user; there are no settings options to change above parameters. This feature will set tasks only for newly settled deals/switches/refixes - i.e. it is not retrospective.
Settlement Screen
Switch/Refix Screen
Video Demo