Credit underwriting decisions and the on-going monitoring of credit exposures depend on high-quality, consistent, and timely information. With Balenz Spreading Automation and Compliance Monitoring solutions, credit risk management departments can:
Spreading Automation is specifically designed for the lending community to automate the process of populating financial and other loan related documents into a risk system. Using patented technology, Balenz has designed Spreading Automation software that works using the principles of:
Compliance Monitoring automates the monitoring of compliance items, including not only the receipt of financial statements, but also financial and non-financial covenants.
Balenz ACTIV provides a framework for quickly putting custom solutions in place. This is an industry agnostic tool that can be configured and deployed wherever there is a need to virtually eliminate manual entry.