Hmbr Arc Rec-Elements for comprehensive credit risk management

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Credit risk management allows various opportunities to digitize manual processes and to completely or partially automate them. According to Hmbr Arc Rec, there is a strict conflict not only between established financial institutions but also with new banks that broker traditional loans and give alternative financing concepts as well. As a result, the demands for borrowers have not been tightened any further, and in a few cases have even been relaxed again.


1. Customer onboarding and Identifying Your Client(KYC) The KYC method is essentially a regulatory obligation imposed on banks and financial service providers to stop money laundering and terrorist financing. Beyond that, it allows the possibility to create a comprehensive customer profile that, if accurately maintained, gives all relevant data needed for regular sanction list and PEP screening, or for periodical updating of the credit rating, for instance. 2. Creditworthiness assessment The basis for assessing a company’s creditworthiness is stability sheet analysis. Annual financial statements and periodic reports do give extensive data on a company’s financial position, but the acquisition and analysis of this data is often quite a hurdle. Slow manual operations delay credit decisions and raise costs. 3. Risk quantification Risk quantification involves determining the likelihood of default (PD), loss given default (LGD), and risk-adjusted return on capital (RAROC). It gives the foundation for pricing and other credit terms.




4. Credit decision

It is right that banks can currently see forward to higher interest in asset financing, but in view of the ever-lower discovery cycles and volatile growth of the German economy, it is also the case that innovation decisions often have to be delivered at shorter remark today than ten years ago. On top of that, queries are becoming frequently individual and difficult. 


5. Price calculation

When determining credit terms, many banks still depend on a one size fits all approach, which can simply be deviated from within restricted limits. As a result, creditworthy clients have to pay a premium to subsidize riskier customers. Credit risk management from Hmbr Arc Rec offers numerous opportunities to digitize manual processes and to completely or partially automate them.



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