Minimize losses through automated monitoring and alerts
Enable relationship managers with predictive insights and early warning indicators
Our implementation process ensures you will have everything you need to deploy ON Credit Intelligence Suite
By automating portfolio-level stress testing with more granular sector stress, lenders can re-underwrite their loan book, loan-by-loan, based on multiple forward-looking scenarios – all within minutes. We do this by analyzing the lender’s existing borrower data from various bank systems and enriching it with third-party data from thousands of external sources, both traditional and alternative. This allows lenders to undertake forward looking credit analysis and proactively monitor their loan book, delivering superior credit and regulatory outcomes.
Why just review annually?
Maintain an underwriting view of a loan and your whole loan book on an ongoing basis, rather than just at origination and annual review, automatically re-underwriting your entire loan book based on different scenarios. This will enable your Relationship Managers to develop stronger, more consultative relationships with clients by getting ahead of industry driven financial hardship and default events, with early warning indicators driven by leading operating metrics, giving your bank ‘trusted partner’ status amongst borrowers.
Our implementation process includes workshops and training sessions that ensure our customers have all the information they need to ‘own’ how they use and deploy the ON Credit Intelligence Suite. We provide a consistent format to view credit analysis and monitoring across sectors. For example, our software gives you the ability to set your own rules for financial alerts, such as hard or soft covenant triggers. Each alert is fully explained including direct or derived data points and context, so the user can then act based on their own, informed judgement.
"NIBC is leveraging OakNorth to enhance efficiency in the credit monitoring process with richer data, thus enabling us to even better serve our mid-market clients on their decisive moments. This partnership also enables us to strengthen our tech-based approach and better position us for the future."
Let's get ON with it
Request a demo
Request a personalized demo to discover what ON Credit Intelligence can do for your bank.
What We’ll Cover:
- What makes our technology different
- How rapidly you’ll see results
- Ease of installation and cost benefits
- Current customers and outcomes