Risk is structured into the business of every bank; it’s the mitigation strategy and planning ahead of time which is the top priority of every CRO.
Big data and analytics are being used by innovators to improve risk assessment and drive revenues. Beye is no different in that regard, with focus on credit and operational risks this module will help the CRO comply with Basel standards as well as internal risk policies and the local central bank.
Aimed at creating transparency across the banking institution Beye provides a comprehensive solution for risk management that includes 100s of KPIs.
Analysis of borrowers, the trends of default, and the value of collateral helps the CRO identify their risk level and consequently directs them with credit policy, pricing and revenue planning.
The risk dashboards cover :
- Delinquency levels in the portfolio.
- Products, geographies, profiles, and business units that are performing well and the ones performing poorly.
- How much of the portfolio is rolling from one delinquency bucket to the next.
- Credit scores throughout the portfolio.