INTEGRO· SmartLender Corporate

Integro’s SmartLender Corporate is an End-to-end Integrated Credit Risk Management System incorporating the Basel II risk management framework as well as best of breed credit risk management practices from international banks. It is a strategic risk-based lending platform to enhance credit quality and improve productivity. It is also the data gathering infrastructure for all three credit risk management approaches of Basel II (Standardized, FIRB & AIRB)

SmartLender Corporate comprises of 4 main modules:

Credit Processing System (CPS)

The Credit Processing module encompasses all activities from marketing , prospecting , pre-qualification , credit underwriting including rule-based credit processing and approval, facility structuring (able to handle complex omnibus line with multiple inner and out limits) and subsequent covenants monitoring . With its advanced yet flexible workflow engine, the bank will immediately be able to harness the efficiency and effectiveness of straight-through processing . The SmartLender CPS will also be able to link up to any existing core banking systems to extract utilization information as well as conduct of accounts. Through its sophisticated document generation engine, a complete LO (Letter of Offer) can be generated through the system accurately reflecting all the advised terms and conditions and covenants.

SmartLender CRS is a versatile credit risk rating system, interfacing with internal bad lists and external credit bureaus, whilst taking into account group exposure and related accounts – thus ensuring a comprehensive check on the applicant’s likelihood of default. The SmartLender CRS system can either be implemented as part of a complete SmartLender solution or acquired as a standalone system to interface with existing loan origination and core banking systems. The rating engine is configurable to incorporate any sophisticated rating model for borrower risk grading and facility grading. SmartLender CRS will output its rating data to support the derivation of PD (Probability of Default).

CLIMS is an enterprise wide Collateral & Limits Management System, sometimes referred to as “Central Liabilities System”. It is designed to meet the operation and monitoring requirements of Basel II in order for the collaterals to be eligible for credit risk mitigation (paragraph 115 of BCBS). It actively monitors collateral valuation , roll-off risks , collateral coverage covenants and concentration risks . At the same time, it is equipped with sophisticated documentation workflow for efficient and effective credit operation to attain high productivity and minimize credit operation oversights. With supports for more than 50 collateral sub-types, SmartLender’s CLIMS is a comprehensive collateral management system with sophisticated monitoring tools and controls. Coupled with its valuation and haircut engines, SmartLender CLIMS’s key distinguishing feature is its efficiency in event handling and the ability to generate on-demand concentration reports.

One of the key objectives of the SmartLender product suite is to enhance credit quality through proactive portfolio management. In addition, CPMS provides the functionality to store historical data for Basel II purposes such as model validation. This is accomplished through the storing of the wealth of information generated by the various SmartLender component systems for aggregate analysis, e.g. approved and rejected applications, rating history and changes in borrowers’ financial data. A credit risk data-mart is built on top of this rich repository for portfolio viewing and reporting . There is also a What-if Analyzer to facilitate stress testing.