Algo Credit Administrator

Algo Credit Administrator defines and manages all stages of the credit process across the enterprise. This includes facilitating the creation of proposals that address critical elements of a prospective deal, from limits requested to existing limits and exposures, collateral held and conditional approvals. Algo Credit Administrator also supports the tracking and management of deal-related documentation, promotes internal compliance and assists with the management of the credit committee process. These mechanisms help ensure that critical information is escalated in an accurate and timely fashion in order to assist decision making.

Benefits

Manage credit approval resources
Algo Credit Administrator organizes every step of the credit process and promotes consistent execution of the critical decision points in initiating, reviewing and approving credits. It provides pre-defined credit logic, tailored to your own bank's methodology and credit approval process.

Enable timely response to business opportunities
By enabling more thorough deal review and greater efficiency in making credit decisions, Algo Credit Administrator improves customer service by significantly reducing the turnaround time for credit applications.

Integrate risk analysis within the credit process
In combination with Algo Credit Limits, Algo Credit Administrator quickly provides users with a consolidated view of the institution's risk exposure and limit availability, putting vital risk information in the hands of credit decision makers.