Take control of your commercial credit risk management and improve your results using C-Rate
Financial institutions are migrating from an opinion-based credit review process toward a systematic and scientific credit process with an emphasis on objective inputs. The main drivers behind this shift is the need for faster, more accurate, and consistent credit decisions with minimal origination cost and elimination of false positives. Underwriters must balance the need for thorough and consistent risk assessment with quick turnaround time for credit decisions. This can only be possible with an AI based, highly responsive and easy to use risk rating engine that makes risk rating a STP process.
Benefits of C-Rate
Configurable Risk Rating: C-Rate allows the creation of configurable loan rating system for diverse lending with customized factors and weightings. It allows to add custom qualitative metrics to risk ratings. Risk scoring model can be tailored specifically for the requirements of your industry.
Flexible Underwriting: C-Rate uses a multi-pronged approach for credit risk rating using complex underwriting decision rules, specially trained machine learning models, and integration with credit bureaus
Portfolio Monitoring: C-Rate provides early warning insights from highly predictive analytics to provide advanced notice of potential problem accounts
Analytics: C-Rate provides visualisation of portfolio information including LVR, concentration and exposure by score. Fully integrated Business Intelligence tool allowing advanced analytics, dashboards and reports.
Cloud Native: C-Rate is a cloud-native solution, so it can be accessed on any device using browser
Transparent Integrations: C-Rate has inbuilt integrations with Centelon’s loan origination engine and core lending platform. It can also integrate easily with other platforms in financial institutions’ ecosystem using APIs
Integrated Machine Learning Models: C-Rate built on machine learning based risk rating models within the platform