Caribbean RiskCALM4® Solution to Loan Risk Management
eCommerce Caribbean Marketplace addresses the governance and risk management needs throughout the loan life cycle. Effectively manage governance and risk by:
Automating governance to ensure that regulations and policies are enforced
Auditing of all policy overrides
Automatically evaluating loan decisions based on fair lending guidelines and adherence to loan terms and pricing policies
Manage the IFRS 9 / CECL requirements through the loan life cycle by:
- Defining and controlling the risk factors used in the risk evaluation
- Automatically determining the risk level, PD, LGD, ED and ECL to determine IFRS 9 / CECL impairment
- Assisting with IFRS 9 / CECL classification and measurement
- Automatically evaluating loan decisions based on approval authority, risk level and adherence to loan terms and pricing policies
- Facilitating what if scenarios to evaluate the impact of potential risk policy changes
- Providing real time access to analytical tools and reporting
- Developing credit models as historical data is obtained
Facilitating real time communication between stakeholders
Access to pertinent information at all levels of management