Manual processes across the loan cycle have limited deal flow, been subject to a variety of risks and in some cases have resulted in serious losses. Technological platforms endorsed by market leaders are now on the rise, seeking to minimise these risks. Continued growth in the use of these platforms would bring a host of benefits to financial markets, with some asset classes having more to gain than others.
- What key issues were prevalent due to the traditional methods employed by capital markets for loan management?
- How can technology enhance the application of customer and transaction data to reduce risk of fraud, mitigate credit risk and improve credit ratings?
- What types of solutions have been developed to achieve this desired risk mitigation and how are they successful in doing so?