Breaking Down Complex Loans: An Opportunity for Automation
The banking of the future is digital and automated. In addition to satisfied customers, banks benefit from cost advantages through automated processes. This applies in particular to routine activities in the consumer credit sector. But when it comes to complex processes, which include corporate loans and project finance, the degree of automation is considerably lower. However, by breaking down a complex loan agreement and identifying the individual functions, the same processes can be automated as with retail loans.