RFID Intelligent Collateral Management System

Commercial bank collateral management is an important part of the comprehensive risk management system. However, practice has shown that many commercial banks currently have a serious lack of understanding of the management of various mortgage and pledge collateral materials, and their risk awareness is very weak, and their supervision is often insufficient. If it only complies with the general management operating procedures, the potential risks are huge. Therefore, systematic management combined with an efficient physical management mechanism can effectively solve this practical problem.

A collateral management system based on RFID technology uses various types of tags to identify different collaterals, and Stores collateral data in tags or systems as needed to realize the entire life cycle of collateral, such as entry and exit, maintenance, inventory, and allocation. Management, real-time monitoring and management of important collaterals to ensure consistency of accounts and items, greatly improving the efficiency of collateral inventory.

There are three major goals for the construction of bank RFID collateral management system:

Improve the original collateral Library: achieve the integrity and standardization of collateral information through collateral ID label management; use unified collateral categories to classify and manage collaterals, and establish unified collateral ID codes based on collateral categories Rules; combined with PDA technology, realize daily management of equipment and reduce data inaccuracy problems caused by manual management.

Standardize the collateral management process: After the system is established, it can effectively realize the query, data entry, approval, initiation process (collateral storage, collateral withdrawal, collateral transfer, etc.), statistical analysis, and warehouse management and other services; automatically generate corresponding process documents and documents in accordance with process specification requirements; help collateral managers minimize manual and manual work and complete the entry, allocation, and transfer of collateral information in an agreed and automatic manner. Transfer and other processes; provide a large number of data interfaces to facilitate batch import and export of data, minimize manual entry work, and improve work efficiency.

Collateral life cycle supervision requirements and operational procedures:

Establish a unified collateral management platform, and the physical collateral Files are centrally kept by the head office center;

Centralized and clear unified processing procedures and standardized process management;

After the front desk business is completed, all collateral will be sent to the head office center for centralized custody;

An archives room has been established in the head office center to centrally manage all collateral. The storage location meets the conditions for warrant management, with double storage and double access to prevent fire, theft and other safety hazards;

The head office file administrator conducts centralized management, monitoring, inventory and other operations on collateral;

The system is linked with core data on a daily basis to realize various statistical monitoring and early warning functions of collateral;

The head office regularly conducts physical inventory, standardizes the frequency of inventory, and combines physical inventory with electronic label inventory to ensure that the accounts are consistent;

Standardize the storage of warrants that are not in storage in transit. All warrants with registered mortgage ownership relationships should be stored in storage and included in the accounting, and must not be kept by account managers.

Collateral supervision has become an urgent need for enterprises, governments and other organizations today. It can provide management of the entire life cycle of collateral and achieve consistency between accounts and accounts at stages such as construction, use, maintenance, settlement and withdrawal.

Four major contents of RFID collateral supervision:

Collateral file management: After the enterprise's collateral purchase is accepted and filed, the operator uses an RFID Card issuing machine to issue an RFID collateral management label for the new equipment. The label includes the collateral number, name of the collateral, purchase date, and custodian. , collateral status, telephone number of relevant personnel and other information, the label is affixed or hung on the surface of the collateral until the system records the completion of the deposit of the collateral. RFID collateral management tags will be used along with the collateral life cycle to facilitate operations such as the collection, return, and inventory of collateral in future work.

Collateral collection management: When an enterprise uses collateral in storage, the operator uses an RFID handheld terminal to read the label information on the collateral. After confirming that the collateral is correct, the operator uses the handheld device to modify the RFID collateral management label data, and the system automatically modifies the collateral. The collateral out-of-warehouse operation is completed in one step, reducing the operator's work intensity and error rate. When the user of the collateral changes, the operator only needs to use the RFID handheld terminal to read the RFID collateral management label information attached to the collateral. After confirming the information, use the handheld terminal to rewrite the user information. The system will automatically modify other relevant information to facilitate the operator. Work.

Collateral settlement and outbound management: When settling out of the warehouse, a branch submits relevant information such as loan settlement and warrant release to the center. After the center auditor checks it, the outbound procedures are completed, and the settlement and outbound operation is done in the system. And hand over the mortgage warrant to the branch. After confirming the information, the system automatically modifies the relevant information, reducing operations, personnel work intensity, and error rates.

Collateral inventory management: The purpose of the collateral inventory is to check the differences between the collateral and the physical objects so that corresponding processing can be made to ensure that the accounts are consistent. RFID tags with collateral numbers are affixed to all collaterals; during inventory , download the collateral accounts to the handheld terminal according to the location of the collateral on the account, and the inventory personnel will take the handheld terminal to the corresponding location according to the work plan to scan the RFID tags on all the collateral at that location one by one. The terminal automatically completes the comparison between the actual inventory of collateral and the book situation; after the inventory is completed, a collateral difference table is formed, and the difference data is processed manually according to the enterprise's collateral management regulations.

The six major functions of the RFID collateral management system are: daily collateral management function, monthly collateral report, comprehensive collateral query, inventory function, system maintenance function, and security management function. Since during the entire inventory operation process, operators do not need to make judgments and records, nor do they need to manually input data, work efficiency and data accuracy are greatly improved.