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Credit Decisioning and Approvals

Improve process efficiencies and profitability by making faster, well-informed credit decisions.

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The Benefits

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Increase automation

Make automated, instant credit decisions based on institution’s policy rules.

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Gain efficiency

Increase underwriting efficiency and reduce turnaround times.

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Increase flexibility

Flexibly implement and maintain business rules, approval workflows and underwriting screens.

Streamline and automate credit decisioning and approval workflows

ACTICO Advanced Decision Platform Credit Decision Rules

The financial services industry is evolving rapidly. Financial institutions (FIs) are required to increase profitability, drive customer acquisition, and improve efficiency. To meet these expectations, organisations must leverage the right technology. Tools that enable to tackle virtually any risk decisioning or approval workflow to make digital and faster lending decisions are of essence.

That’s where ACTICO’s Credit Risk Platform comes in. The no-code, secure cloud-based technology empowers business users to easily create automated decisioning and approval workflows. Leveraging ACTICO’s digital decisioning platform, organisations have the highest degree of agility and flexibility to meet each organisation’s unique set of policy rules and decision strategies.

Key capabilities

Process credit applications from any inbound channel

Process credit applications received via a WebService API and / or capture credit applications manually using built-in, web-based user interfaces.

Graphically configure policy rules and decision strategies

Configure, test, document and activate your organization’s unique set of policy rules and credit decision strategies with a user-friendly no-code rules editor.

Fully-automated decisions and manual approval workflows

Driven by an organisation’s policy and decision strategies, credit decisions can be made fully automated or involve user interfaces and workflows for manual underwriting.

Seamlessly integrate third-party data

External data sources are an essential source of information. The Credit Bureau Gateway provides seamless integration with external data providers, such as credit bureaus.

Full data auditability for policy compliance

All automated decisions by the rule engine, and manual inputs / approvals performed by end users are stored in a detailed audit trail.

Simulate new versions of decisioning strategies

Credit decisioning strategies can be tested before activation by simulating updated rule models against a historic set of credit applications.

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Credit Risk Platform

Discover the full suite of the Credit Risk Platform’s capabilities.

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Recognised throughout the industry.

For many years, ACTICO has been recognised by customers and analysts as a leading provider of Advanced Decision Automation Technology and solutions for Compliance and Credit Risk Management.

ACTICO Award logo Forrester
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ACTICO Award RegTech100
ACTICO Award RegTech Insight
ACTICO Award FinCrime50

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Talk to our experts about your new credit risk solution.

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