Compliance & Risk Management
- Overview
- Credit Scoring/Limit Assessment
- Underwriting
- Risk Monitoring & Reporting
- Operational Risk
- Fraud Investments
Underwriting
Bank underwriting involves in-depth analysis, accuracy and timeliness as many sources of information need to be quickly and efficiently brought together and processed. This work can typically be highly paper-intensive, time consuming and prone to errors given the sheer number of process steps and individuals involved. Each document must be accounted for, completed properly, signed off and comply with regulations that can vary by geography or type of financial instrument. Throughout the process, this information must be quickly and easily accessible by different people from across the organization.
How OpenText Helps…
OpenText ECM solutions can help manage the underwriting process by reducing time involved while improving accuracy by streamlining and automating key parts of the process. Each part of the review and approval workflow can be managed and documented for reporting purposes. This ensures both timely and accurate production while lowering risk. OpenText ECM can give your bank the chance to have a perfectly streamlined underwriting process, free from structural errors; equally important, the entire process and its documentation will be managed and archived by a solution to ensure adherence to all regulations.
| Business Challenge | Customer Case Study and Solution |
|---|---|
| How do you track and reduce multiple types of risk across core business processes? | Farm Credit Services |
| How do you enable immediate, transparent access to customer information at all employee touchpoints? | UBS AG |
| How do you ensure accuracy and high customer satisfaction with rapidly increasing document volumes? | MLP Finanzdienstleistungen AG |
Products and Solutions for Initiation
- Case Management
- Document Management
- Records Management
- Reports & Output Management
- OpenText Solutions for Customer Service
- Business Process Management
