Advanced Risk & Financing Check

Apart from the detailed examination of the persons involved in a business transaction, the object serving as security must also be carefully scrutinized as part of retail and wholesale financing. In addition to the accurate calculation of depreciation, residual and repurchase values, this includes the checking of the existence and condition of objects as part of so-called floor checks. Furthermore, it is necessary to clearly identify the ownership structure of the financing or leasing object prior to approval and contract conclusion and to avoid multiple or cross-financing of objects.

The afb Fast Integration Business Service 'Advanced Risk & Financing Check' enables the digital identification of multiply financed objects in comprehensive object databases.

 

 

Features Advanced Risk & Financing Check

  • Business service for checking financing objects against a central multi-bank object inventory with the aim of identifying double financing
  • Flexible, incident-related individual checks or batch-oriented, automated examinations of the whole or part of the inventory
  • Search for objects based on the unique identification number (serial or ID number) as well as manufacturer, model and type if required
  • Automatically generated hit list for manual or automated processing
  • Convenient processing of the result list including verification of hits, upload of documents and automatic dispatch of messages subject to the result status

    Advantages at a glance

    • Full flexibility: the business service enables incident-related case-by-case checks of objects, e.g. as part of inquiries on applications, as well as a check of the whole or part of the object inventory.
    • Specific workflows: inquiry, evaluation and decision-making processes can be flexibly designed on the basis of individual customer requirements.



     

    • Efficiency improvement: the downsizing and digitalisation of processes result in more efficient workflows.
    • Simple integration: the streamlined scope, the underlying service-oriented architecture and standardised interfaces facilitate the integration into existing application landscapes.

     

    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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