Life Cycle Management
You can use FlexFinance to reduce your cost-income ratio
Existing lending contracts are processed quickly, efficiently and, to a great extent, automatically for management purposes.
All process steps for monitoring and adjusting lending contracts are provided, including the consideration of extraordinary events and problems. Future payment and repayment processes can be processed flexibly and adapted to current situations.
Extraordinary events:
- cancellation
- collateral
- special repayments, partial repayment, own or third-party complete repayment
- processing of claims
- estates, guardianship
- rollover
- specific impairment
Problem cases:
- termination
- comparison/write-off of claims
- liquidation of collateral
- resales
- write-off
Lending management - revolutionary: customer self-service with AI support
The self-service portal offers an additional service to customers and huge cost benefits to banks: payment holidays, early repayments, special repayments and much more. Introduce the self-service portal to your customers and cleverly link this to your management strategy.
White Paper “NPL servicing"
EBA has set out guidelines for integrating measures for processing problem loans into banking procedures. These focus on concessions to borrowers with regard to repayment methods when borrowers start to show signs of financial difficulties. These specifications result in operational requirements for organisational processes, risk classification as well as risk provisioning – we support you in the integration of appropriate forbearance measures.
White Paper “EBA Loan origination and monitoring”
The EBA’s guidelines on loan origination and monitoring represent the new standard for loans and advances in Europe. The Guidelines aim to improve lending processes and practices, limit NPL inflows and ensure fair consumer treatment. This results in enormous implications for data management, lending strategies and client relationships, and banks should respond quickly – are you well prepared for the challenges of the EBA guidelines?
Risks from turnaround in interest rates threaten mortgage business
No more negative interest rates, chance of higher savings rates – but costs are on the rise for debtors. Those who cannot afford their dream of a proper homestead anymore will cause problems for banks. Solutions based on artificial intelligence help identify probabilities of default early on and issue warnings of major damages in advance.