Institut Català de Finances (ICF) boosts access to credits for small businesses

During the first half of 2015, the Institut Català de Finances has increased 8% the volume of granted credits, comparing to the same period of previous year. The recipients are Small Business and self-employed people.

The new Credit Risk Management System, designed and implemented by our firm, is the technology platform supporting credit risk assessment, approval and monitoring.This easy to use tool, allows credit analysts to manage in a unified way all electronic data sources, from the loan application to the final decision.

One of the key points of the new system is that it is fully integrated with other corporate systems of ICF. The process engine ensures the uniqueness of information and facilitates interaction with customer databases, financial manager states, prevention of money laundering, etc. It also interfaces to other peripheral systems that improve access to electronic files (document management, document publisher, portal applications).

The new system provides a powerful engine to manage process workflows, easy to adapt to requirements of other companies of the group and to the complete product portfolio.

The new system ensures maximum efficiency managing credit risks assessment and the best effectivity in decision taking