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. It enables the allocation of binding financial commitments based on individual credit policies by means of information provisioning, evaluation and risk-oriented decisions.

Features Advanced Risk & Approval Management

  • Customer Experience Risk Bridge for risk-oriented decisions taking into account internal and external information regarding the credit history, payment behaviour, evaluations and available credit-rating information
  • Connections to numerous international credit agencies via standardised interfaces and simplified integration of individual data suppliers
  • Application Approval & Decision Engine for the automated processing of data within rule-based decision-making processes including evaluation of liquidity and creditworthiness
  • Online administration for updating individual customer scoring and decision-making parameters or workflows, e.g. with respect to decision rules and chains, which are subject for example to hierarchy levels or credit volumes
  • Simple integration into customer systems through flexible interfaces
  • Automated monitoring, logging and historisation

    Advantages at a glance

    • Cost optimisation: integrated maintenance mechanisms enable the avoidance of multiple retrievals to credit agencies and consequently the reduction of costs. Furthermore, the modular structure reduces maintenance costs.
    • 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.

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    Case study

    FFS Bank: a partnership for innovative credit business

    FFS Bank is captive bank for Hyundai and Subaru and a brand-independent financial expert. The partnership of FFS Bank 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.

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    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.

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    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.

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    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.

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    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.

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