Transition to comprehensive credit reporting significantly easier, quicker and with a greater focus on a quality implementation.
Understand the credit risk of your customers and set up a framework to continually monitor and manage it.
Optimise the customer journey with the use of digital technologies throughout the origination process.
Proven industry knowledge and experience
Independent evaluation of your current credit risk strategy, process flows, decisioning logic and tools. The output will provide recommendations where improvements can be made to the overall solution to achieve an optimal customer and credit provider experience.
CCD have significant experience in implementing digital solutions and can ensure that the design and delivery of the system adds value to your organisation. Understanding how and when you should deploy different tools within the customer journey such as biometrics, electronic id verification, bank statement verification, credit bureaus, electronic signatures, valuation tools, fraud solutions.
CCD can work with organisations to come up with an optimal credit risk technology framework. As part of this we will review your existing capability, identify areas for improvement and build out a proposed roadmap for a best practise solution.
Our proven program will cover the regulatory framework (including CR Code, PRDE, Data Standards), multi bureau data loading, data formats and structure, repayment history calculations, load testing, data quality clean-up and optimisation, business process changes and BAU implementation handover.
Every bureau is slightly different, and multi bureau solutions are becoming the standard in credit assessment. We can assist organisations to understand and achieve benefits from a multi bureau solution. This involves exploring the different multi bureau options (primary, secondary, all), fail over strategies, product offerings, data coverage, reliability and other variances between bureaus.
A deep dive into the credit risk process using historical application data to review portfolio performance. This analysis will highlight the general effectiveness of the current credit risk process and will review the impact of individual policies, scorecard cut-offs and manual interactions using both the final decision and account performance.
The establishment of a framework that brings together current customer information, account behaviour and external data feeds to build a single view and provide actionable insights at an account and portfolio level.
CCD has significant experience in delivering credit decisioning and comprehensive credit reporting projects and can work with customers to provide subject matter expertise that will ensure the successful delivery of these projects.
Training and industry knowledge are important to ensure the success of your credit solution. CCD can provide guidance and training to upskill your team in topics ranging from general industry knowledge through to the use of specific products available in the market.
Over 50 years of collective experience in credit risk, analytics and decisioning
