Advanced Risk & Approval Management

The afb Fast Integration Business Service 'Advanced Risk & Approval Management' supports all risk-oriented decisions relating to the business relationship with customers, partners, suppliers and other stakeholders. Binding financing approvals can be granted with the aid of external credit checks (credit information),assessment and risk-aware decision-making on the basis of individual credit guidelines.

Features Advanced Risk & Approval Management

  • Risk-aware decisions based on internal and external information about credit record, payment behaviour, evaluations and on-demand creditworthiness information
  • Connections to numerous international credit agencies via standardised interfaces and simplified integration of individual data suppliers
  • Automated processing of data by means of rule-based decision-making processes including assessment of liquidity and creditworthiness
  • Online administration for updating scoring and decision-making parameters and workflows for individual customers (e.g. determination of decision-making lines and chains subject to hierarchy levels or credit volume)
  • Simple integration into customer systems through flexible interfaces
  • Automated monitoring, logging and historisation.

    Advantages at a glance

    • Cost optimisation: integrated retention mechanisms reduce multiple credit agency queries and thus also cut costs. In addition, the modular structure of the afb Business Service lowers the cost and work input of maintenance.
    • Individual input parameters: in addition to background information on the business partner and typical user behaviour in the sales funnel, it is possible to individually take into consideration complex information from the credit policy and calculation parameters.



     

    • Specific workflows: inquiry, evaluation and decision-making processes can be flexibly designed on the basis of individual customer requirements.
    • Simple integration: the modular structure and the underlying process-driven architecture facilitate the integration into existing systems.

     

    For more information, please contact us

    Solution paper

    Customer journey optimisation based on Business Services

    The future of information technology lies in the quintessence of digital transformation: lightweight, agile services. The afb Fast Intregration Business Services provide the possibility of implementing innovative functionalities in legacy systems, without changing their code basis and functionality.

    Read solution paper

    Case study

    A German Autobank: a partnership for innovative credit business

    This German Autobank is captive bank for international auto manufacturers and a brand-independent financial expert. The partnership of this Autobank and afb is characterised by close cooperation and great innovative efforts. Since the beginning in 2000, the two companies have been regularly developing new innovations together.

    Read case study

    Case study

    Leading automotive bank: automation in financing and leasing operations

    No project without a business case, no investment without a sound basis for decision making. For that very reason, a leading automotive bank decided to work together with the experts of afb. The specific process stages and procedures involved in financing and leasing operations were examined and rated in terms of their optimisation potential as part of a consultation project.

    Read case study

    Brochure

    from mind to market – comprehensive solutions for the financial industry

    We combine market-based expertise with a strong aptitude for technological innovative strength, transforming new knowledge into marketable products and services, and focussing on these factors for success.

    Read brochure

    Solution Paper

    Explore your maturity level

    How prepared is your company for digitalisation? With the Digital Capability Check-Up you can determine the digital maturity level of your company. At the completion of the Digital Capability Check-Up you will receive the detailed analysis results for your own further use, including the identified potential for optimisation for the digital future.

    Read solution paper

    Solution Paper

    Expert know-how for future-proof solutions

    Together with our experienced consultants you will ensure that your strategies and processes are designed to cope with future challenges. We do not just provide you position papers, but support you in identifying, steering and specifying your fields of action as well as in implementing these.

    Read solution paper

    Fact sheet

    Online contract closure with the Universal Contract Closing Process

    Customers of all industries and age groups today expect a simple, fast and smooth contract closure. Using the 'Universal Contract Closing Process', you can realise innovative functionalities for the entire process chain required to initiate business: from offer to contract management.

    Case study

    TARGOBANK: growth through entry into automotive financing

    The entry into the business field of automotive wholesale and retail financing was part of the overarching growth strategy of TARGOBANK. Within a mere twelve months TARGOBANK AUTOBANK established itself as a competitive automotive bank in a fiercely contested market. With the afb Credit Management Solution, the autobank controls the processes of retail and wholesale financing in a fully intergrated, web-based and modular system.

    Read case study