Tracer – Retail Lending Solution
Tracer is a modular and flexible platform to automate your credit decisions based on scientific evidence through application and behavior scorecards. It includes a configurable workflow, a business rules engine and incisive reports to manage entire scoring, decisioning and origination process.
- Workflow driven single automated system for origination and decisioning of applications for various retail lending products.
- Option to host bank’s own scorecards or PRADS Expert scorecards for various retail lending products. Easily define the elements and weightages associated with the scorecard.
- A configurable rule engine with the ability to configure and validate various credit policies
- Provides automated decision on credit application with an option of manual intervention.
- Seamless integration with bank’s legacy system, credit bureau and risk data marts.
- Generates behavioral scores for existing customers based on latest demographic and transactional data.
- Powerful MIS dashboard reports that assess demographic, portfolio and product performance.
- Faster, consistent, unbiased, and accurate credit decisions based on scientific evidence.
- Enables a bank to configure their retail credit policies and validate them during application processing.
- Assists in creating strategies for different risk profiles i.e., Risk-based pricing.
- Useful Insights based on approval and rejection data.