Renew facilities in days, not review cycles
RDC.AI Renewals accelerates the assessment of commercial facilities to simplify and automate their review and rollover. It evaluates whether anything material has changed since the facility was written, clears the ones where the evidence supports rollover, and escalates the ones that need a credit decision with the reasoning already assembled. Renewals that used to consume a full credit workup because the calendar demanded it are handled on the evidence instead, so your credit team spends its time on the facilities where the answer is genuinely in doubt.
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Most renewals are a full process for a foregone conclusion
A facility comes up for renewal. The business has traded steadily, serviced every payment and changed nothing about its operations. The bank nonetheless runs a substantial part of a fresh credit assessment, because that is what the process says.
Multiply that across a commercial book and the renewal cycle becomes one of the largest recurring workloads in the bank, concentrated in exactly the facilities least likely to produce a different answer. Meanwhile the renewals that genuinely warrant scrutiny queue behind them, and customers wait for decisions on facilities they have already outgrown.
What Renewals Do
Renewals accelerates the assessment of facilities to simplify and automate their review and rollover.
It works by answering one question well: what has changed since this facility was approved? Cash flow behavior, repayment performance, risk indicators and exposure are assessed continuously, so at renewal the platform already knows whether the position has moved. Where it has not, rollover is straightforward and can be automated within your policy. Where it has, the platform hands your credit team the specific change and the evidence behind it.
Solution Value
Key Benefits
Reduce Risk
Enhance risk oversight through auditable, transparent, and traceable review processes that help you focus on the right customers at the right time.
Improve Decisions
Utilize the latest data to assess both current and future credit health of customers.
Increase Efficiency
Convert lengthy review processes into efficient, automated operations, reducing costs and saving time.
Enhance Customer Relationships
Equip your team with the insights necessary for proactive conversations that help mitigate risk and strengthen customer relationships.
Frequently Asked Questions
What does Renewals actually automate?
The assessment work behind a facility renewal, and the rollover recommendation itself where your configured thresholds allow it. Facilities showing material change are escalated rather than automated.
How does it decide what counts as material change?
Against the parameters your institution configures. The platform assesses cash flow behavior, repayment performance and risk indicators continuously and compares the current position to the basis of approval.
How do we evidence an automated rollover?
Every assessment carries a Self-Describing Decision, traceable from input data through to outcome, inside comprehensive versioning across data, models, strategies and decisions.