Scribd
Upload
283 views

AA Module

AA (Arrangement Architecture) is a new modular component in T24 that allows banks to quickly create new loan products by combining different loan components like interest rates, fees, and terms. It replaces the existing Mortgage (MG) module for loans but not the Money Market (MM) module. The AA module is a framework for assembling various banking products like loans, deposits, and accounts using customizable building blocks and rules. Over time, it will replace other T24 lending modules and integrate loans and deposits into a single application.

Uploaded by

Jake Abidi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
283 views

AA Module

AA (Arrangement Architecture) is a new modular component in T24 that allows banks to quickly create new loan products by combining different loan components like interest rates, fees, and terms. It replaces the existing Mortgage (MG) module for loans but not the Money Market (MM) module. The AA module is a framework for assembling various banking products like loans, deposits, and accounts using customizable building blocks and rules. Over time, it will replace other T24 lending modules and integrate loans and deposits into a single application.

Uploaded by

Jake Abidi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

AA: Arrangement architecture

 AA, Arrangement Architecture, is a new module available in T24. It currently supports only
loans. I understand AA currently replaces MG (Mortgage) module but not MM (Money
Market) module.

To give an overview of AA, it is component based. Take for example, preparing a pizza. You
take a pizza base and go ahead preparing your own pizza, adding your choice of toppings from
out of the available menu - say cheese, capsicum, pepperoni. Given a choice, everyone can
make his own pizza - different permutations and combinations!

In a similar way, the banking loan products are split into components - like principal, interest,
penal interest, term, charges etc. defining each component with certain qualities. Imagine there
is a basket of all these components with varied qualities. When a bank wants to launch a new
loan product, in no time it can launch the product assembling the required components picked
from the basket.

 The AA module is a framework for creating different bank products (current accounts, loans,
deposits and more).
Now it supports only Loans.
It uses a different approach then all the other modules in T24.
The end user / Business analyst would be able to set up rules, commissions, etc. This is like
building blocks, which can be put in a hyrerchial way and later be used by different modules.

 The AA module is meant to replace the lending modules of T24 like Loans and Mortgages.
The idea behind AA is to have a unified application handling all Loan and Deposit business of
a bank. At current (R8) AA only can handle Loans, with R9/R10 it will be able as well to
handle Deposits. This will make the LD, MG and All-In-One Account applications obsolete.
It is not meant to replace MM which is the Money Market application

You might also like