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Banking Industry Solutions

Credit Decision System

Credit decision system enables efficient loan approving process i.e., automated and instantaneous credit decision based on information provided. This system provides an overview of a credit being adjudicated and provides many options for the Risk Manager for adjudicating an application and reaching a decision on its viability.

Business Challenges

Loans department in every Bank and Financial Institution receives many loan applications and the credit sanctioning process is almost the same in every institution. In view of the volume of loan applications there is a need to automate the decision making process. The management wants to know often how many loan applications are received and how many are sanctioned. If rejected why it was rejected. The sanctioning authority needs to refer to the complete details about the credit facilities requested for.