Major Swiss Bank

Identifying clients that are most likely to have financial problems through an automatic model based on warning indicators to alert credit officers earlier

Challenge

• Credit officers need to assess and manage financial risk for their respective portfolios
• The amount of data collected each day by the risk department and its velocity make it hard to properly monitor and manage risks for every client

Solution

• Help the credit officers to identify and focus on clients that are more likely to have financial problems in the future
• Leveraged Foundry as a data platform and defined early warning indicators – rule base alerts triggered by specific events
• Unit8 implemented those alerts on parameters such as late leasing payments or overdrafts

Business Impact

• Significant simplification of the assessment and monitoring that credit officers need to conduct
• Clear email based alerts that can be easily and quickly reviewed