Symitar, a software system powering hundreds of credit unions, uses collateral codes for all loan types. In an effort to comply with industry standards, we needed a Symitar integration to provide options to allow the user to supply a collateral core code for every loan type defined in their system. Options consist of:
- Defining a single code to be used for all loans of specified loan type
- Defining the code based on some rule the user creates from a number of other criteria
- Defined by the loan type default collateral specified in another form field
I programmed much of this functionality, hooked up back-end validation using my custom jQuery Validator integration, and provided front- and back-end unit tests. The newly defined collateral code could now be sent to the Symitar core on loan approval, thus allowing banks another way to distinguish loan types.