Credit risk solution

How can you manage credit risk?

Credit risk management best practices

1. Constantly evaluate your data sources
2. Validate your scorecard model consistently
3. Proactively monitor your model
4. Leverage dynamic data
5. Take advantage of artificial intelligence and machine learning
6. Prepare for financial crimes
7. Use today's top software

How do we manage credit risk?

Credit risk management best practices

1. Constantly evaluate your data sources
2. Validate your scorecard model consistently
3. Proactively monitor your model
4. Leverage dynamic data
5. Take advantage of artificial intelligence and machine learning
6. Prepare for financial crimes
7. Use today's top software

What reduces credit risk?

Collateral: the most common type of credit risk mitigation technique.
It refers to the pledging or hypothecating by a borrower to a bank or lending institution.
Collateral is used as an item of value to obtain a loan and minimizes risks for lenders..