Effective risk management demands timely interventions. Our Early Warnings solution helps business and commercial lenders proactively support customers exhibiting early signs of credit risk deterioration. By utilising actionable insights derived from continuous credit surveillance, Early Warnings helps you minimise losses, maintain portfolio health, and provide targeted assistance to your customers.
Key benefits
Minimise Risk
Utilise AI-powered insights to detect emerging credi risks early and address at-risk cusomers proactively.
Make better decisions
Make timely, high-quality credit decisions using the latest, most comprehensive data.
Improve performance
Identify key areas to focus your efforts to prevent losses and maintain a healthy portfolio.
Increase efficiency
Streamline the early warning process to better allocate resources and reduce operational costs.
Preserve customer relationships
Access the necessary insights you need to have productive, personalised interactions with customers.
Meet regulatory requirements
Achieve compliance with regulatory and auditing standards through clear, explainable and traceable insights and recommendations.
How it works
Early Warnings leverages the RDC AI decisioning platform using traditional, latent, and alternate data to deliver insights for more predictive decision-making. The platform combines all elements of credit assessment in one place, continuously monitoring customer data, and providing clear explanations for AI-based recommendations to help stakeholders understand the reasoning behind them.
Features overview
Transparent, explainable credit decisions
AI-powered early risk detection
Portfolio-level risk heatmaps
Intuitive internal policy rule configuration
Dashboard with customer insights, predictions and benchmarks
Transformations enabled by Early Warnings
From
To
Relying on lagging indicators based on past outcomes
Utilising leading indicators that predict future outcomes
Manual processes
Automated, always-on processes
Judgment-driven decisions
AI and data-informed decisions
Multiple tools and technology
Single integrated platform
Reactive implementation of policy and procedure changes
Proactive implementation of policy and procedure changes at the speed of governance
Customer
success story
A major bank approached RDC.AI for help with its disjointed risk detection processes, which were leading to operational complexity and confusion among portfolio managers. Upon the upcoming implementation of Early Warnings, the bank will be able to deect potential risks six months earlier, which is expected to significantly reduce overall portfolio risks and improve risk management efficiency.
Get in touch
Discover how Early Warnings can transform your risk management practices.