Credit Processing Solution

  Process Management
       Credit Processing
       Claims Processing
       Process Automation

  Employee Management
       Workforce Management
       Corporate Portal

  Customer Management
       Relations Management
       Complaint Handling

  Supplier Management
       Strategic Sourcing
       Electronic Billing


	Content Problem Solution Description Benefits Technology Related Information


	Problem Improving Credit Risk Management is one of the most critical challenges that Banks face today, specially in a context of economic downturn. Banks are also looking for alternatives to reduce the costs of processing and serving credit customers and provide these customers with faster and better service. In addition, the new rules regarding credit risk being discussed by BIS in Basel and by the European Commission, will require Banks to implement more sophisticated risk management tools. Top


	Solution Based in 20 years of experience working with Financial Services Companies, Methodus developed a Credit Risk Management Solution, called CreditReady, that is able to help Banks improving their risk management processes and systems. CreditReady consists of a set of integrated modules that support the complete life-cycle of credit proposals: Top


	Description Credit Ready main characteristics are: Customer Management Origination and Credit Decision Workflows Documentation Repository Work Manager Operational Reports Management Reports Supervision and Compliance Reports Multilanguage Integration with the Bank other systems CreditReady modules support all credit operations from the initial customer prospecting, collection of financial information and proposal origination, to the credit decision, analysis of outstanding credit and receivables classification: CreditReady modules can be fully implemented or implemented separately. For example, a Bank may start to implement the Balance Sheet Unit Module and later implement the Commercial Unit Module and the Risk Unit Module. Top


	Benefits The implementation of CreditReady will bring the following benefits: Reduction of credit risk Reduction of the costs of processing credit proposals Reduction of proposals cycle-time Improvement of customer relationships Improvement of information access Insuring multichannel origination Increasing profitability Improving regulatory compliance Top


	Technology CreditReady front-office modules were developed using Microsoft technology, including IIS, ASP and SQL Server. The complete solution comprises a special developed workflow engine. However, it is possible to use other workflow engines. The system is highly scalable and can expand as the transactions volume increases. CreditReady can be easily integrated with Banks Systems, such as Hogan, FiServe or ICBS. The system is very flexible and can be adapted to the specific needs of each Bank. Top



All rights reserved © 2008 MTDS	Maintainer: Webmaster, Methodus	Top of page: