Overview:
Title:Reimagining Credit Management the Digital Way During & After COVID-19
Duration: 30 mins
Description:
The Covid 19 pandemic has woken up Corporate & Institutional Banks and Commercial lenders to a grave reality around multiple, non-integrated, manual/ semi manual systems in managing credit and loans processing. We found many banks still rely heavily on tactical solutions for Credit underwriting and decisioning processes that now seem anachronous with the digitized world. As a result, they have slower decision time, & missed opportunities with inaccurate data and lack of a homogeneous operating environment for the diverse stakeholders within the realms of credit management and above all adds significant risks to their business. Many banks have their credit limits trapped in multiple systems and have to run mini IT projects to assess their exposures when hit by black swan events.
We will explore how Oracle is helping banks and lenders solve these issues by automating the end-to-end Credit and Lending life cycle.
Speakers:
Parag Ekbote
Head Business Development - Corporate Banking for APJMEA
Anand Ramachandran
Senior Director, Global Banking Solutions Practice, Oracle Financial Services