 Banco de Bogotá introduced the new product in February, ahead of its competitors, and captured a significant share of the market.The bank selected FIS' ALS-Servicing Manager, a customizable loan processing application that supports customer and account servicing requirements for the life of the loan.The Banco de Bogotá team quickly adjusted the features for the Prestamo Personal Libre Destino, using ALS-Servicing Manager's real-time product parameter facility, to select processing options that addressed interest accruals, late charges and payment posting options.