The new solution is a real-time management system combined with an audit functionality capable of accurate assessing the credit risk exposure and liquidity across complex, high volume dynamic business transactions, claims the company.
The GRA solution has the ability to centralize exposure management across the bank’s product offerings and assist in executing better-informed credit decisions.
It is a scalable solution to handle high volume payment requests (single/bulk) both in real time & batch mode and has flexible system to process different messaging standards.
The SOA (service orientated architecture) based solution covering business services, modular type and reusable components with the flexibility to apply as independent solutions or that can be stitched together.
The solution can also track bank risk with fast and accurate credit information – by customer and industry sector; adaptability to coexist with the banks’ existing business applications landscape; improved customer service such as reduced error rates automated referral process, enhanced global MIS reports at the customer level.
The solution also empowers the credit risk management team to enhance the available balance check process with the introduction of multiple balance computation by combining multiple balance/credit entities and accordingly frame the decisions
Polaris Software global head Europe Bikash Mathur said GRA empowers the credit risk management team to enhance the available balance check process with introduction of multiple balance computation by combining multiple balance/credit entities and accordingly frame the decisions," Mathur said.
