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Risk Management in Banking: Introducing Changes

Risk Management in Banking: Introducing Changes Only 46% of banks are confident that their company has adequate risk management tools and processes, and that management follows risk management recommendations, as found by a recent Tower Watson survey. This article shows how to refine risk management mechanism and maintain risk management culture on a high level. […]

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Loan Origination System. Employing Scorecards for More Precise Borrower Segmentation

Loan Origination System. Employing Scorecards for More Precise Borrower Segmentation This article shows how to prevent and fix mistakes in scorecard development, in order to allow most precise borrower evaluation, rating and segmentation. Loan application processing systems help lenders decrease operational costs and acquire more profitable accounts. These systems use data models called scorecards to […]

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Lending Software: Applying Champion-challenger Strategy for Decision Automation

Lending Software: Applying Champion-challenger Strategy for Decision Automation Underwriting specialists need to identify the optimal consequence of actions to maximize the profit. Through constant optimization of the loan application processing workflow, financial organizations can decrease operational costs, provide excellent customer service, improve quality of their lending portfolio, more accurately estimate risks and calculate reserve funds. […]

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Customer Acquisition in Banks: Most Inspiring Ways to Reach Out to Customers

Customer Acquisition in Banks: Most Inspiring Ways to Reach Out to Customers Resources and Latest News This post provides inspiration for everyone looking for new ways to gain customers’ love. Having studied banks’ advertising campaigns, we have selected the most outstanding promotions from financial organizations around the world. Afterwards, we will analyze the anatomy of […]

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Five New Year Resolutions for Sensible Lending

Five New Year Resolutions for Sensible Lending January 9th, 2013 No Comments, Decision Automation, Industry Trends, Loan Origination Software, by azelenskaya. We are taking our first steps into 2013, and now it is the best time to re-think our business strategies. This article considers front-burner issues related to lending, and shows leaders how they can […]

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Framework for Improving Credit Risk Management Using Champion/Challenger Approach

Framework for Improving Credit Risk Management Using Champion/Challenger Approach February 19th, 2013 No Comments, Business Intelligence, Data Modeling, Decision Automation, Loan Origination Software, Scorecard Development, Scorecard Maintenance, by Anna Zelenskaya. “Nothing endures but change”. – said Heraclitus. If credit policy fails to evolve it soon becomes a burden, cutting deep into lending profitability. With the […]

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ASF – official partner at Collections Europe 2014

on 07 June 2014. ASF was an official partner in the third annual Collections Europe conference held on June 5-6, 2014 in Vienna. The event was organised by SmithNovak and devoted to the challenges and opportunities in debt collection over the coming years. This year edition covered subjects like repossession strategies and debt selling, NPLs, […]

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ASF – partner at ZF Bankers Summit’14

on 12 June 2014. Advantage Software Factory was Partner for “ZF Bankers Summit” 3rd Edition, held on 10-11’Th June at Marriott Hotel Bucharest. The central themes of this year’s discussions were the Non – Performing Loans and the recent regulations by the Romanian National Bank in this respect. What are the present challenges in the […]

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