Introduction to ACP
ACP is the only solution on the market that adequately addresses both the operational (process efficiency) and analytical (decisional) requirements of lending institutions.
Faced with more and increasingly sophisticated customers, but often weighed down by manual processes or a too rigid legacy system, credit institutions can increase their efficiency, develop their market position and raise their profitability by further automating lending decisions and risk measurement techniques.
To assist them, ACP is a highly flexible credit process automation solution suitable for all types of lending (corporate, SME, retail, leasing, consumer finance…).
ACP is built using modern, flexible architecture ensuring ease of deployment and rapid return on investment. It consists of the several fully integrated modules supported by common services for data management, integration, connectivity, alerts, messages, workflow and document management.
Throughout the whole credit process, key value drivers such as speed to market with new products and responsiveness to credit requests are quickly measured.
ACP's modular and integrated nature enables lenders, for example, to back test their credit approval processes by having in the same system the collections/recovery processes as well as the whole historical archive of a given loan application and its related collateral files. In addition, modularity means that there’s no need for a big bang approach when rolling out new features to users.
ACP complements a Core Banking System (CBS) and, if already in place, a Credit Rating System (CRS). Whilst some such systems do offer credit process automation features, they often focus on a single type of lending (retail for CBS and corporate/SME for CRS…) and the workflow aspects are limited, for example to ratings. They are not flexible enough to quickly implement new products and changes to credit policies and they don’t sufficiently embed requisite credit oriented know-how. As processes evolve and business levels grow and diversify, such systems don’t provide the necessary level of self-sufficiency and independence.
Legacy systems tend to present a mix of solutions resulting in high integration risk and upkeep. ACP on the other hand offers a unique combination of benefits for many different stakeholders: operationally focused credit managers, relationship managers, and more analytically focused credit and portfolio management staff are all supported and linked together by a single collaborative solution using one process and one risk and credit data warehouse.
ACP is built using modern, flexible architecture ensuring ease of deployment and rapid return on investment. It consists of the several fully integrated modules supported by common services for data management, integration, connectivity, alerts, messages, workflow and document management.
Throughout the whole credit process, key value drivers such as speed to market with new products and responsiveness to credit requests are quickly measured.
ACP's modular and integrated nature enables lenders, for example, to back test their credit approval processes by having in the same system the collections/recovery processes as well as the whole historical archive of a given loan application and its related collateral files. In addition, modularity means that there’s no need for a big bang approach when rolling out new features to users.
ACP complements a Core Banking System (CBS) and, if already in place, a Credit Rating System (CRS). Whilst some such systems do offer credit process automation features, they often focus on a single type of lending (retail for CBS and corporate/SME for CRS…) and the workflow aspects are limited, for example to ratings. They are not flexible enough to quickly implement new products and changes to credit policies and they don’t sufficiently embed requisite credit oriented know-how. As processes evolve and business levels grow and diversify, such systems don’t provide the necessary level of self-sufficiency and independence.
Legacy systems tend to present a mix of solutions resulting in high integration risk and upkeep. ACP on the other hand offers a unique combination of benefits for many different stakeholders: operationally focused credit managers, relationship managers, and more analytically focused credit and portfolio management staff are all supported and linked together by a single collaborative solution using one process and one risk and credit data warehouse.