Credit Decisions in the Subprime Market
In the subprime market, every deal counts for the bank, as much as every loan granted counts for the customer. The policy of financial institutions in this market is not to loose any deal that could potentially be closed. This perfectly matches the customers´ need of "getting money at all has 1st priority"
Knowing this, it makes perfect sense that the financial institute headed for three main targets when realizing their credit decisioning system with the partner Innovations:
- Automizing the decisioning process
- Consistently implementing selective rating models
- Easy adaptability of processes and rules in the maintainance phase
Find out in the Project Report how the financial institute has hit its targets. It uses the Visual Rules Business Rules Management System within the context of a service-oriented architecture, for much more than just business rules.
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