Tracer – Retail Lending
Dun & Bradstreet Tracer – Optimized Device For your Business Solutions, is a modular and flexible platform to automate your credit decisions based on scientific evidence through application and behavior scorecards. It includes a configurable workflow, a business rules engine and incisive reports to manage entire scoring, decisioning and origination process.
Key Features
– Workflow driven single automated system for origination and decisioning of applications for various retail lending products.
– Option to host bank’s own scorecards or D&B Expert scorecards for various retail lending products. Easily define the elements and weightages associated with the scorecard.
– A configurable rule engine with the ability to configure and validate various credit policies
– Provides automated decision on credit application with an option of manual intervention.
– Seamless integration with bank’s legacy system, credit bureau and risk data marts.
– Generates behavioral scores for existing customers based on latest demographic and transactional data.
– Powerful MIS dashboard reports that assess demographic, portfolio and product performance..
Benefits
– Faster, consistent, unbiased, and accurate credit decisions based on scientific evidence.
– Enables banks to configure their retail credit policies and validate them during application processing.
– Assists in creating strategies for different risk profiles i.e., Risk-based pricing.
– Reduction in turnaround time for application processing.
– Useful Insights based on approval and rejection data.
D&B Advantage
- A single platform to configure all scorecards
- Leverage on experience of managing several consumer credit bureaus in the region
- Implementation support by banking experts
- Predictive Analytics and Credit Decision Management automates credit approval process for accurate decision making
- Customized retail decision making platform automates SME lending process and provides continuous model monitoring and improvement for a leading bank in UAE
