Risk, Fraud, Collection Analytics
The lending function of banks
have a continuous task of optimizing their policy and processes to reduce the credit costs. These credit costs are incurred due to :
1) Bad Credit decision;
2) Inability of borrower to pay;
3) Inability to collect from borrower;
4) Borrower not intending to pay.
Quantafic, we have been heping banks and NBFCs in these areas through the following services and products:
- Bolster credit policy through credit application scorecard ( for fresh loans,
- Build scorecards to optimize collection process (early delinquency, legal action optimization, write-off recovery models, etc.)
- Fraud sampling models for
sharpersampling of loanapplication by RCUs.
- Collection allocation optimization solutions
- Collection-specific dashboard design and data visualization
- KYC and bureau validation solutions with
in-builtrule engine to reduce human errors while underwriting.