LaSec

Features

Detailed end-to-end loan management or lending management, including collateral management.
It provides automated processes with an integrated workflow system.
Collateral asset types such as Stocks, Shares, Mutual funds, Bonds like Insurance Policies, and government securities.
The system allows the management of the approved scrip list with margin and contribution weightage.
Customers can view the online position of the loan account, through the internet and mobile banking.
Banks can do real-time monitoring of the margins and generate call letters.
The solution provides a robust rule engine and takes care of RBI guidelines.
Additional risk management by allowing weightage at the script or portfolio levels.
The system will provide client statements, script-wise total exposure across customers, pledge report, Basel report, and daily drawing power for the banks.

Frequently Asked Questions

Collateral Management

Which assets can be pledged in LaSec?

LaSec gives lenders a single collateral management platform for diverse portfolios. It supports a broad range of collateral types;
• Listed Securities
• Mutual funds & bonds
• Government securities (G-Sec, T-Bills)
• Insurance policies (e.g., LIC)
• ESOPs

How does LaSec monitor drawing power and LTV daily?

A built-in rule engine recalculates drawing power every day;
• Pulls live market prices (NSE / BSE feeds and NAVs) each night
• Recalculates each customer’s drawing power & LTV
• Sends instant alerts (email / SMS) when limits are breached

Can LaSec automate pledge & de-pledge flows with NSDL / CDSL?

Yes. LaSec:
• Pushes approved ISINs and demat details directly via NSDL APIs
• Generates and posts pledge/de-pledge invocation files automatically
• Eliminates manual file uploads

Does LaSec handle margin calls and collateral liquidation?

Absolutely. Built-in configurable schedulers in LaSec:
• Issue margin-call, surplus or liquidation notices the moment collateral dips
• Trigger automated lien removal or auction workflows if thresholds persis

Integrations & Controls

How does LaSec integrate with core banking, DP back-office and other systems?

LaSec integrates through pre-built interfaces that sync every transaction across your enterprise stack.
• Standard REST APIs push real-time loan and pledge data into the core banking platform
• File-based APIs move bulk updates to the depository back-office (DP) and general-ledger modules
• Unified mapping layer keeps all books synchronised with minimal

What maker-checker and audit controls secure loan management?

Every critical action (pledge, disbursement, closure) passes a configurable maker-checker workflow. LaSec logs:
• User IDs & timestamps
• Before/after values
• Digital audit trails compliant with RBI’s cyber-security norms

Security & Compliance

How does LaSec support RBI and SEBI regulations for lending against securities?

LaSec’s rule engine enforces:
• SEBI margin-pledge guidelines (see SEBI Circulars)
• RBI exposure caps & Basel risk-weight norms (see RBI Master Direction – Exposure Norms)
• Daily LTV checks and Unique Customer Identification Code (UCIC) tagging keep you audit-ready, no spreadsheets required

What technology stack and security standards underpin LaSec?

• TLS 1.3 for data in transit; AES-256 at rest
• ISO 27001–certified hosting, OWASP Top-10 Compliant
• Role-based access controls (RBAC), vulnerability scans

User Experience & Scalability

Can borrowers view their loan position online?

Yes. Web and mobile portals let end-customers:
• Track collateral valuations, drawing power and interest
• Request redemptions or additional pledges 24×7

Can LaSec scale with a fast growing loan book?

The LaSec architecture is designed for horizontal scale on public or private cloud, LaSec has proven to support:
• Portfolios exceeding ₹10,000 crore
• 25,000+ concurrent borrower account

Analytics & Reporting

What dashboards and reports help risk and finance teams?

Real-time Dashboards and reports for:
• LTV, script and group level exposures
• Basel compliance reports
• Digital Pledging & Unpledging
• Loan-wise Drawing power
• Comprehensive MIS reports with Deep Analytics

Implementation & ROI

How quickly can we go live with LaSec and migrate existing portfolios?

Typical deployment timeline (around 4 to 6 weeks):
• Data mapping & migration
• Approved-scrip list import
• User training & parallel run
• Cut-over to production

What operational ROI do lenders achieve?

Clients consistently report:
• 50–60% lower processing costs
• 40% faster margin-call execution
• Significant reduction in collateral-risk and manual reconciliation

Lend physically & digitally with efficiency and accuracy

Complete loan management