corporate lending

INTEGRATED SCORING & RATING

FULL SPECTRUMPowered by

AI BASED CREDIT FORECASTING

CREDIT DECISIONS. REIMAGINED.

Streamline your credit process.Become a ‘digital market leader’.Market dynamics are changing, at the forefront of which aredigital technology and more stringent regulations, thesefactors are putting pressure on banks to either deliver morecompelling credit services to commercial borrowers, or theyrisk losing these high revenue customers to digitallypowered new players.

Protecting their territory will require banks to create moreefficient and effective ways to extend corporate creditwithin acceptable risk limits.

Loan origination (all steps from loan assessment through tothe disbursements of funds), comprises up to 75 percent ofthe entire credit cost base, and is typically conducted withincreased manual intervention. This presents a primeopportunity for lenders to improve efficiency, build customerrelevance and grow profitability, says the Accenture CreditServices Benchmarking study.

corporate lending

75%of total credit

cost comes from credit origination

Source: Accenture Credit ServicesBenchmarking Study 2014

The Challenge

From the outside banks are under threat from new competition such as PayPal, Amazon or crowd funding platforms that make it easier for SMEs or corporates to raise money.

From the inside, corporate lenders are pressed by internal operational challenges affecting customer satisfaction and attrition.

‘Primary among these challenges are ineffectiveness due to heavy administrative loads, operating inefficiencies resulting from high levels of manual processing, poor risk management due to the lack of data integrity and siloed legacy technology limiting straight-through processing. As credit origination is responsible for a large portion of the overall credit cost, this is where a ‘digital corporate bank’ will beat competition by miles.’

Sanjay Uppal, CEO at StraitsBridge and former CFO at Emirates NBD Group

corporate lending

Get a 360-degree view of your credit decision. Real-time.

RISQ | corporate lending is a comprehensive Corporate Credit

Evaluation Suite that streamlines the complex process of

Corporate Credit to enable better, faster and more accurate data

led credit decisions, using KPIs and scoring at each decision

point. It covers the banks’ entire range of corporate credits

starting with small SME to large corporate loans workflow.

The platform integrates seamlessly with multiple internal and

external data repositories, providing bankers with full visibility

of their customer’s economic situation.

Displaying all information in a logical format covering; Credit

Rating - Industry Sector Performance - Financial Ratios - External

Credit Accounts - Trade Finance – Cross Border Data. Having this

visibility of data combined with an intuitive workflow, allows

bankers to transfer converse, enrich and evaluate a credit

decision in real-time.

Source: Accenture Credit ServicesBenchmarking Study 2014

20+days is the average credit process time

for SME loans

corporate lending

Integrated Scoring and Rating.Powered by CRIF!RISQ is fully integrated with CRIF’s decision engine andcredit rating tool which is used by over 200 financialinstitutions globally. This allows a seamless creditdecision process within the RISQ platform, reducingoperational risk and improving time to decisionsignificantly. CRIF, a global leader in credit riskmanagement, operates in 26 countries, with more than3300 banking clients, and employing over 3600 people.

Collect data in real-time. Make critical business decisions instantly!RISQ | corporate lending connects via APIs to all banksinternal source systems (core banking, treasury application, CRM, etc.) and to external data providers, such as local credit bureaus or CRIF’s business intelligence reports such as industry sector or customer investigation analysis. All integrated and available to be triggered at a click of a button within the application.

AI based credit forecasting.The future is now!RISQ | corporate lending incorporates AI based algorithms supporting decision makers in the lending process. This includes forecasting the outcome or time to completion of a credit application or suggesting which specific customer data helps to increase the approval chance. The application keeps learning withevery new credit application optimising the algorithms running in the background.

Multi-device support.New freedom in banking.RISQ | corporate lending is built on web 2.0enabling the user to log on from any device, such asfrom a desktop or an IOS, Android or Windowsdevice. Take control of your business. Anywhere.Anytime.

corporate lending

*calculated in CRIF and fully integrated with RISQ**API to banks internal source systems as well as external dataproviders such as CRIF’s business intelligence layer and creditbureaus

Cross-asset facility

life-cycle management

Integrated AI based analytics

Ready APIs **

Multi-device support

IntegratedRAROC

calculator

Integrated scoring

and rating*

Limit & policy rules checks

Embedded reports &

management charts

Collateral Management

corporate lending

corporate lending

Manage the entire credit assessment process in a single application. Make faster and more accurate decisions.This flow chart shows the full life cycle of a corporate credit decision:

corporate lending

Counterparty - Bank’s internal dataLegal

information Financial data Ownership Trade relationships

Customer assets

Contact details

Historical performance Synopsis Workforce

Counterparty - External data

Local credit bureaus International credit bureaus CRIF investigation reports CIRF sector reports

Scoring & Rating

Sub scores Main score Rating Warnings

Credit Memo

Potential collateral

Facility

Commitments/Limit blockage

Exposure

ServicingInterim and annual reviews

Check versus commitment

Calculate RAROC

Limit assignment

Cash

Synopsis Certificates & Awards History Rating & Score Facility & Collaterals Outlook

Letter of Credit Guarantees Real Estate Others

Terms & conditions Documents Policy rules Collateral assignment

Policy rules checks Limit checks Collateral blocking Call & liquidation ratio

Book automatically (from source system)Book manually

Temporary limit transfers Extensions Collateral Adjustments

RISQ Intelligent Financial Software LLC FZDubai Internet City, Office 207-208, PO Box 502318Dubai, United Arab Emirates

For inquiries please contact info@risq.info or visit www.risq.info

RISQ is a registered trademark and any reproduction, misuse or unauthorized use may be prosecuted by law.

Credit line/facility management for various corporate segments (SME, commercial, large corporates) and sovereign facilities.

‘Smart’ search for finding any facilities, countries, counterparties or commitments - once data is retrieved, it can be actioned with a single click

Counterparty data management for various data types (see workflow chart on previous page)

Traffic light colour coded data completion notification on each data block (green – data is ok, yellow – partial data is out-dated, red – missing data)

Calculation of score and rating in real-time

Cross asset, cross currency product coverage (trade finance products, term loan, project finance, Islamic products, etc.)

Full life-cycle management/servicing of credit application (interim review, annual review, limit reallocation, fast extension, termination)

Embedded workflow based approval process (can be defined in IBM BPM Business Process Engine) including task transfer and holiday calendar (if an approver is on holiday, the tasks can be diverted to another approver)

Policy rules checks such as internal ratios or compliance rules

Real-time notifications for internal messages (mentioning of users to send direct messages), newsfeed items linked to on-going applications or new double validation requests

Process monitor to see how many open tasks are pending per user group with hyperlinks

‘To do’ list with predefined priority buckets (draft, low, normal, high, urgent priority) - system will automatically move tasks to higher priority

Forecasting of completion of credit application task using machine learning algorithms

Collecting of potential collateral including on-going collateral management (guarantees, cash, insurance or commitments, call & liquidation ratio)

Integrated RAROC calculator to retrieve RAROC value instantly

20+ integrated reports (facility, commitment, exception, management, administrative reports) that can be saved and scheduled as well as exported to Excel

10 integrated management charts

Integrated document management with API to external document management libraries

API to banks’ internal systems as well as CRIF business intelligence service and credit bureaus

Access rights on task level per user or user group

Deployed web based software using latest Java technology, built on web 2.0 / HTML 5, database agnosticMulti-device support (desktop, iOS, Android and Windows)

Uniform, stateless, cacheable, client-server, layered interface layer (REST API)

Integrated batch scheduler (end of day batch, batch to retrieve external data e.g. from document management system)

BPMN2.0 support for business processes (such as IBM BPM)

FUNCTIONAL HIGHLIGHTS

TECHNICAL HIGHLIGHTS

corporate lending