
Business Challenges
Today, Banks want to enhance the existing SME credit processing systems with additional features such as,
- Comply with Basel II business requirements
- Include business functions of collateral management
- Incorporate the loan loss information of special loans (non-performing loans)
- Creation of risk rating engine
- Provide data feeds for management reporting
- Interface with wholesale credit data warehouse
From a technological stand point, the existing systems are not scalable, have maintenance issues and not confirming to Basel II standards.