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Anita Bunk
Head of Communications

TeamBank AG Relies on Visual Rules for Credit Management

- Graphical rule modeling optimizes the credit decision-making process.

- Decisioning logic can be replaced during operations, without any interruption.

03/15/2011 -

TeamBank AG has selected the Visual Rules business rules platform from Bosch Software Innovations. This platform automates creditworthiness reviews (scoring) and classifications (rating) for TeamBank’s easyCredit installment lending, thus supporting the entire credit decisioning process.

"With Visual Rules, we can optimize our already highly automated decisioning system across the entire credit management process. Its graphical rule models are intuitive to use and can be exchanged while operating and without interruptions. Both of these features together convinced us to purchase a corporate license for this platform,” reports Christoph Holtschmit, risk management department head for easyCredit.

Visual Rules is currently being implemented for the entire easyCredit credit decisioning process. This includes, for instance, scorecards, which are compilations of key data (scores) on risk evaluation, budget accounting, and review of all legal and internal company directives. Connections to external data sources for credit information and external scores are used to refine the design of the review and increase the reliability of risk prognoses. "Rules consolidate reporting agency information and expand the platform’s range of deployment," according to Dr. Michael Friedrich, project manager at Bosch Software Innovations. What is more, Visual Rules empowers business experts to maintain their own scoring and rating models.

The easyCredit application based on Visual Rules is available online to all banks in the FinanzGruppe Volksbanken Raiffeisenbanken cooperative and in branch business.

About easyCredit – An Enterprise of the DZ BANK Group

With more than half a million customers as of the end of 2010, easyCredit is the first and most widely known product brand in the installment loan business. The installment loan experts at Finanzgruppe Volksbanken Raiffeisenbanken have made a name for themselves with fair product features, simple processes, and comprehensive consulting services, which support the banks within their cooperative in gaining market share in the area of installment lending.

easyCredit is an initiative of the DZ BANK Group, together with Bausparkasse Schwäbisch Hall, DG HYP, DZ BANK International, DZ PRIVATBANK Schweiz, R+V Versicherung, Union Investment Group, VR LEASING and a number of other specialized institutions. Through this cooperation among enterprises of the DZ BANK Group, banks within the cooperative can optimize the services they offer their 30 million customers.