LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

11
LOANDEX 2 General Assemby 6 March 2014

Transcript of LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Page 1: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

LOANDEX 2 General Assemby

6 March 2014

Page 2: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Opening Remark

Mr. Manuel Batallones

Page 3: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Trainings ConductedNov 29 - Dec 05, 2013 (all banks)

Parallel-Runs• Dec 16 -23, 2013 (all banks, all inquiries)• Jan 6 - 10, 2014 (all banks, all inquiries)• Jan 20 - 24, 2014 (committee only 3i, 3c)• Jan 27 - 30, 2014 (all banks with 3i, 3c) • Feb 12 - 14, 2014 (all banks with 5i 5c) • Feb 17 - Feb 28 (all banks with 5i 5c) • Mar 3 - present (all banks with 10i 10c)

FeaturesTraining

Paralle Run

Page 4: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Parallel Test Feedback and Tips

Ms. Nilda CruzBanco de Oro

Page 5: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Active LC ParticipantsBDO LandbankBPI MetrobankChinabank RCBC Citibank

Active Member Participants AUB Maybank PNB Security Bank SCB Union Bank

Non-Participating Banks BCMB BTMU Chinatrust Deutsche Bank EWB HSBC MICB PBCOM PTC Robinsons RCBC UCPB UOBP

FeaturesParticipan

ts

Page 6: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Next Step….. Limited parallel testing• ALL BANKS should participate.• Use actual inquiries and responses. • If inquiry of the day is < 50, inquire all. • If inquiry of the day is > 50, inquire 50

accounts or 50% of inquiries, whichever is higher.

FeaturesNext Step

Equicom Inquiries Loandex Inquiries to Enter and

Approve

35 35

50 50

65 At least 50

120 At least 60

200 At least 100

516 At Least 258

Page 7: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Cut-Off Time: Approved Inquiries 4:30pm Approved Responses 5:30pm

FeaturesCut-Off

Start Date: March 10, 2014 (Monday)

Using: https://loandex21.bapcb.com or

https://loandex22.bapcb.com

Penalty of Non-Participants????

Start Date

Page 8: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Reminders:• Facility Code “.” is now “ZZ”

• Experience Code “.” is now “99”

• Security Code “.” is now “ZZ”

• Balance Code “.” is now “ZZ”

• Register for production User ID.

•Review reports generated.

• Read FAQ for updates.

• User Trainings on weekends only.

March 1, 8, 15, 22 (fully booked).

• Email Loandex2 to schedule training.

First come first served.

FeaturesReminder

Page 9: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Registration User ID RegistrationUser ID Registration

For Parallel & Production UseFor Parallel & Production Use Bank Name: Staff Name:         Role (check applicable roles)    ___ Inquiry Encoder ____ Response Encoder ___ Inquiry Approver ____ Response Approver1. Fax or email SIGNEDSIGNED registration form

to BAP-CB. Hard copy to follow.

2. BAP-CB will send the following:• User IDs and passwords

=== R E Q U I R E D ====== R E Q U I R E D ===

Page 10: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Timeline

InquiriesInquiries ResponsesResponsesLISS

ALoand

ex2 LISSALoand

ex2 Reports

T-4 Y From LISSA

T-3 Y From LISSA

T-2 Y From LISSA

T-1 Y T-4 From LISSA

T+0 Y T-3 From LISSA

T+1 Y T-2 From LISSA

T+2 Y T-1 From LISSA

T+3 Y T+0 From LISSA

T+4 Y T+1 From Loandex2

T+5 T+2 From Loandex2

T+6 T+3 From Loandex2

T+7 T+4 From Loandex2

TIME LINE OF PRODUCTIONTIME LINE OF PRODUCTION

Target Date:

To be Announced

Migration Considerations: •Possibility of no advance report within the first 30 days•Possibility of no copy-previous for some inquiries

Page 11: LOANDEX 2 General Assemby 6 March 2014. Opening Remark Mr. Manuel Batallones.

Closing Remark