Loan Origination | CRIF Digital

Govermental Entity for the Development of SMES

SME Assessment Platform: Qualitative Assessments, Financial Assessments, And Scoring

In view of a signficant porfolio growth the MSME division of the bank was embarking a digital transformation program to enhance customer experience and reduce TAT and better control risk.

CRIF's expertise in the domain of SME operations and financing
CreditFlow for data gathering, integration, and end-to-end application processing
StrategyOne for scoring and business rule management; and integration with business information and bureau data.

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Better visibility of the SME environment and market; better understanding of how to match support services to SMEs in need; and creation of a data repository.

30%

Increase in on-time payments

22%

Decrease in 30-day past-due accounts and balance roll rates

Major Bank in Bosnia and Herzegovina

A New Technology Framework For Streamlining Loan Origination Processes

The Bank wanted To speed-up the origination process with high levels of automation and integration, improving risk measurement through the use of credit scoring techniques, and leveraging monitoring tools and services.

CRIF consulting, predictive analytics, including customized credit scores and the CRIF Credit Bureau Score, Perform, using both internal and external data via CRIF's Information Core.

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Faster, automated loan application approval processing with highly predictive scorecards and in line with Basel compliance

Major telecom provider in the United Arab Emirates.

Leveraging Analytics To Control Credit Risk & Exposure: Capitalizing On Opportunities While Mitigating Risk

Looking to proactively manage credit risk and exposure for the consumer segment at various points across the customer lifecycle while maintaining a customer-centric approach, du, with the help of CRIF, turns to data, analytics, and consultancy to revamp its credit management policy, re-engineer its early-stage collection strategy, and introduce scorecards.

CRIF's expertise in the domain of SME operations and financing; CreditFlow for data gathering, integration, and end-to-end application processing.
StrategyOne for scoring and business rule management; and integration with business information and bureau data.

30%

increase in on-time payments

22%

decrease in 30-day past due accounts and balance roll rates; and an increase in collection revenue (6% of 45-day collection portfolio)

Regional bank in Russia.

HOW WE HELPED SMEs WITH LOAN ORIGINATION

a major russian financial group formed from merger of 6 regional banks. The banks suffered from different lending systems and long backlog for application. So they wanted to create better, faster and accurate lending experience.

Process Management (CreditFlow), Decision Management (StrategyOne) & Business, Intelligence (CreditBility), introduced credit scoring and decision automation, Complete with credit bureau and bank systems
Common platform to enable governance and control.

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Centralized data base was created

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Reduced human factor in the decisions process

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Bank received a tool for application process monitoring

20-30%

Application processing time reduction

Digital Lending