ACTICO transforms financial firms ’ credit risk management with powerful , scalable technology . ACTICO ’ s solutions enable financial institutions to combine human knowledge and machine learning with automation technology to make faster , more-informed credit decisions in retail and corporate lending .
SCENARIO
Santander UK has recently completed an impressive multi-year digital transformation program to implement an end-to-end customer onboarding , credit risk and fulfillment solution . Keeping customer experience at the core , the bank needed a robust and centralized platform to manage its internal rating models .
CHALLENGE
To deliver an effective end-to-end digital user experience , it was critical , that the rating models were closely integrated with the new cloud-based bank operating system . In addition , both the platform and the models it hosted had to be flexible enough so the bank ’ s risk methodology teams could easily adapt them as required . Crucially , regulatory compliance also had to be ensured at any point in the process .
KEY CAPABILITIES
With powerful modules for financial spreading , risk rating , credit origination and risk monitoring , the Credit Risk Management Platform provides banks with the following capabilities : → Fully graphical drag-and-drop editor to flexibly create and maintain business rules for risk assessment and credit rating – giving control over models to risk methodology teams → Modern APIs to seamlessly integrate with onpremise and cloud-based core banking platforms → Centralized and audit proof data storage for portfolio-level reporting and risk model validation → Simulation of updated rating models against historic data sets → Full regulatory compliance using built-in features for documentation generation and audit trail
SOLUTION
Ultimately , Santander UK selected ACTICO ’ s Credit Risk Management Platform as its centralized solution to host and execute the internal credit rating models . The Platform was closely integrated with the bank ’ s credit origination workflows to deliver a seamless end-user-experience .
We are extremely excited to work with one of UK ’ s largest banks , and support the implementation of an innovative digital platform for commercial lending . Going live with the new integrated platform , Santander UK is able to digitalize its key processes and deliver excellent customer experience . Christine Moosherr , General Manager , ACTICO