Credit Scoring / Rating Management

Overview

Subjective credit risk assessment is fraught with uncertainty and inconsistency. The Credit Scoring/Rating Management accelerator offers ready-to-use technology blocks that enables STP(Straight Through Processing) and shorten processing cycle time without compromising on Credit Risk.

How it works:

The Credit Scoring/Rating Management accelerator comprises tools like a parameter set and a credit scoring matrix that automate and speed the evaluation of loan applicants. Completely customizable, the matrix can be configured to reflect the evaluation criteria and credit policy norms of your bank and thus ensure efficient, consistent, and accurate appraisals.

How you benefit:

• Consistent, efficient loan application appraisal
• Minimal time spent on collections and workout, leading to increased productivity and profitability
• Lower or at par delinquency rates
• Close to accurate prediction of “bad” outcomes
• Optimal utilization of underwriting time, with greater focus on borderline cases as very good and very bad applicants are automatically identified