Corporate credit is one of the major sources of income to banks and financial institutions. It is also one of the main areas of risk that can directly affect their profitability, credibility and growth. Credit portfolios have long been a critical issue to private banks, central banks and regulatory bodies.
Bluering’s Corporate Credit Management system is developed to automate the commercial credit and lending process in a bank. Bluering Corporate covers the entire cycle of credit analysis for commercial clients to simplify the analysis process of lending and mitigate/reduce pre-lending risks.
Bluering Corporate allows banks to:
Identify the potential risk of customers before the fact
Enhance data availability
Simplify financial analyses through enhanced tools
Offer broader decision-making tools, information and knowledge
Generate all post lending controls, such as renewal dates, validity dates, maturity dates and payment dates, among others
Apply triggers and quality control related to the performance of relationship managers and credit analysts
Bluering Corporate Main pillars
The administrator of Bluering Corporate will be able to setup major aspects of the system, not only to reflect the actual business requirements of the client, but to provide the client with additional levels of control and flexibility which were not applicable before implementing Bluering Corporate.
Bluering Corporate provides the user with the ability to capture exhaustive information about the customer through creating a detailed customer profile that will be referenced at later stages during the assessment and analysis of the credit file and execution of the credit decisions.
By preparing the customer’s credit file we reference the preparation of facility and security applications, in addition to the supporting customer forms, analysis, and financial reporting that will assist all the involved parties to conduct their assessment and come up with a decision related to the customer’s credit proposal.
Credit proposal flow
A Credit Proposal for a customer is generated once the credit file and all the related applications, memos, analysis, and reports are prepared.
A Credit Decision is created to reflect the conclusions reached from the credit proposal flow. Bluering Corporate provides the ability to generate a credit decision in correspondence to a credit proposal; the credit decision is also created through the system by the click of a button.
Documents form a major factor of trust, accountability, and legal formalities between the Bank and its customers. Managing the documents required from the customer for the facilities granted to him and securities requested from him is very important for the reliability of Bluering Corporate.
System Reporting and Queries
The system provides strong reporting and query capabilities to facilitate the process of analyzing the behaviors and trends of the customer, and to provide better statistical capabilities.
Contact us to get all the details of Bluering Corporate.