Loan monitoring

Minimize losses through automated monitoring and alerts

 
Most existing monitoring tools fail to allow for the contextualization and analysis of siloed data, limiting insight and, consequently, the cost of defaults can potentially wipe out the profitability of an entire loan book. The ON Credit Intelligence Suite enables a proactive approach to credit monitoring that minimizes losses by helping banks get ahead of borrower financial hardship, industry driven risk deterioration, and covenant breaches – thereby enabling the monitoring of loans with the same rigor used in underwriting.
PI_Icons_Automated Continuous Underwriting Re-underwrite your loan within minutes with automated portfolio-level stress testing 
PI_Icons_Relationships Better client relationships

Enable relationship managers with predictive insights and early warning indicators 

PI_Icons_Monitor_Bench Tailored Monitoring

Our implementation process ensures you will have everything you need to deploy ON Credit Intelligence Suite

Continuous underwriting

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.

Tailored monitoring

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."

Paulus de Wilt, CEO
NIBC Bank
Take the next step

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