Story Title

The role and treatment of Credit Risk is evolving and banks are in a constant need to keep pace with the changes and adapt their systems to remain competitive. In fact the Credit function has now been accepted as the center where banks can find sustainable sources of revenue. Its role has evolved rapidly from that of controlling the business by imposing limits on customer exposure and prevention of loss. While the prevention of loss remains its key role, Credit Risk Management has become an essential tool for enabling a bank to prosper in this rapidly changing and riskier environment. If a bank is contemplating small adaptive changes or a major replacement project to its Credit Risk Management System , we can assist.

A bank’s risk profile changes as it adopts revenue enhancing and cost reduction strategies. The information required to manage the underlying risk will change in tandem with changes in the business environment. Success will come to Bankers who have access to the crucial information they need and on time to evaluate new business strategies and correctly interpret the variable and contradictory signals of the market. The issue is how to achieve this in a reasonable time-frame and without huge cost.