Green Apex Solutions Limited
Feb 09, 2024
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End-to-end automated solutions by Corpository
Completed

End-to-end automated solutions by Corpository

$10,000+
4-6 months
India
10+
Service categories
Service Lines
Web Development
Domain focus
Business Services
Programming language
Java
Frameworks
Angular.js

Challenge

The Corpository portfolio tackles the intricate challenge of credit risk management post-loan disbursement, focusing on the necessity to monitor over 70 corporate events that can influence a borrower's credit status. Traditional risk management methods, often manual or semi-automated, are not only time-consuming but also prone to errors, leading to delayed risk identification and response. This situation demands a solution that can efficiently and accurately detect risk-related changes in real-time, enabling lenders to act swiftly to mitigate potential impacts on their financial portfolios.

Solution

The solution offered includes a web portal that tracks these events, sends out periodic updates, and notifies account managers of key changes in risk profiles. This enables actions such as KYC revisions and market inquiries to be taken in a timely manner.
The solution offered includes a web portal that tracks these events, sends out periodic updates, and notifies account managers of key changes in risk profiles. This enables actions such as KYC revisions and market inquiries to be taken in a timely manner.

Results

The implementation of the Monitor platform as detailed in the Corpository portfolio brings a transformative solution to these challenges. By automating the monitoring process, Monitor enables lenders to detect significant corporate events swiftly, ensuring no critical risk goes unnoticed. This system provides timely notifications and updates, facilitating proactive risk management strategies. The result is a more efficient, effective approach to credit risk management, allowing for quicker interventions and minimizing potential losses, significantly enhancing the overall health and stability of financial portfolios within the constraints of modern lending environments.
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End-to-end automated solutions by Corpository
No image
End-to-end automated solutions by Corpository
No image
End-to-end automated solutions by Corpository