Rubikon for building societies supports the complete spectrum of building societies business including mortgages, current and savings accounts, term deposits, leasing and hire purchase. Rubikon also provides an integrated front and back office treasury solution supporting a full range of products in money market, foreign exchange, securities and derivatives. The comprehensive Rubikon solution includes CRM, business intelligence, embedded workflow and reporting, all of which enhance productivity and performance. Rubikon allows building societies to harness technology in line with the challenges and opportunities presented by the market.

 

Rubikon supports the creation of mortgages from a wide variety of channels – via mortgage brokers, internet, mobile, telephone, iDTV, post or from a branch with full “Know Your Customer” functionality. It also supports a wide range of mortgages through the entire mortgage lifecycle - from origination to maturity - offering customers a wide range of products. This includes various repayment options ranging from traditional tables, linear and interest-only mortgages through to current account and equity release mortgages sourced locally or internationally in any currency.

 

Interest can be calculated on any period from daily through to annually – with fixed, stepped, tracker, discounted or capped interest rate options – and includes the ability to support offset mortgages on any repayment method. The bank can choose to offer flexible mortgages with cash backs, portability, over/under payments and mortgage holidays. Systems features include mortgage calculators and illustrations that link through automatically to the origination process – and mortgage servicing so that customer and application is captured once.