Credit Decision Platform

Automating loan decisioning and origination

Credit Decision Platform

Transform your loan decisioning and origination processes into a flexible and automated system

The Credit Decision Platform supports banks and financial service providers streamlining their loan origination processes and increases operational efficiency in the credit decision making process. The credit decision engine helps to precisely analyze credit risk, automate underwriting and origination workflows, and optimize integration with third party data providers.

Screenshot showing ACTICO's Credit Decision Platform


Key Features

Multi-channel import of loan applications

Loan applications can be imported and processed from multiple channels, e.g. online portals, branches. Furthermore, loan applications can be captured using web-based front-ends provided by the solution.

Apply credit policies & decisioning strategies

Credit applications are evaluated against lender’s specific credit policies and strategies. Additionally, banks and financial institutions can execute compliance checks, such as matching against blacklists and fraud detection.

Audit-proof data storage & archiving

All credit data is stored in a central data repository, and the results of the credit decision process are made available to dependent systems, e.g. core banking systems) In addition, the platform is able to generate documentsm e.g. contract templates, from a credit application.

Request to credit bureaus

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

Risk rating & scoring

As part of the origination process, lenders need to conduct a credit check to assess the creditworthiness of potential borrowers. The Credit Decision Platform supports the implementation of any internal credit risk scoring and risk rating models.

Loan approval & decision

Dependent on each bank’s credit policies and guidelines, loan decisions can be automated to any extent. If required, the solution also supports complex multi-level and role-based approval processes. 

features
"With our new technology we can now optimize the fully automated decision-making systems of the whole credit management process."
Christoph Holtschmidt, Division Manager Risk Management, easyCredit

BENEFITS

Standardized & Consistent

Our Credit Decision Platform enables standardized and consistent lending decisions to be made on a centralized platform. The platform supports any number of diverse credit institution requirements including product and country-specific requirements.

Easy to Adapt & Expand

Complex loan origination strategies are modeled in the Credit Decision Platform using graphical rules. New and amended business processes and rules can be flexibly implemented, tested, and integrated.

Traceable & Audit-proof

All internal and external data for a credit application is housed in an audit-proof data warehouse. Comprehensive metadata is saved for every system and user action, including the content, author, and time of a data change. 

Efficient & Automated

The Credit Decision Platform reduces processing times and enables the partial or full automation of the credit decision process. Depending on a bank’s lending policies and guidelines, applications can be sent to a loan officer or credit analyst for manual underwriting.

Seamless Integration

Credit application data can be captured manually or imported from existing front-end systems. To interface with external data sources for data enrichment, the Credit Bureau Gateway provides standard connectors to various credit bureaus worldwide.

Monitoring & Simulation

Credit decisioning strategies can be tested before they are placed into operation, which is completed by simulating revised rule models against a historic set of credit applications. During operations, the software tracks extensive meta data, such as processing and idle times, providing valuable insights and helping to optimize loan origination processes.