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Component: FS-CMS
Component Name: Collateral Management System
Description: A combination of products normally used to define collateral terms.
Key Concepts: Product set is a feature of the FS-CMS Collateral Management System (CMS) that allows users to group related products together. This feature enables users to quickly and easily identify and manage related products, such as those in a product line or portfolio. How to use it: To use the product set feature, users must first create a product set. This can be done by selecting the “Create Product Set” option from the CMS menu. Once the product set is created, users can add products to it by selecting the “Add Product” option from the CMS menu. Tips & Tricks: When creating a product set, it is important to give it a descriptive name that will help users quickly identify it. Additionally, users should consider adding notes to each product set to provide additional information about its contents. Related Information: The product set feature is just one of many features available in the FS-CMS Collateral Management System. Other features include loan origination, loan servicing, and portfolio management. For more information about these features, please refer to the FS-CMS Collateral Management System user guide.