CREDIT RISK ANALYTICS: THE NEW ‘CREDIT CRISIS’ TO HIT FINANCIAL SERVICES PROFESSIONALS?

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Finance

Posted By Gbaf News

Posted on April 8, 2014

CREDIT RISK ANALYTICS: THE NEW ‘CREDIT CRISIS’ TO HIT FINANCIAL SERVICES PROFESSIONALS?

Citigroup, Suntrust Banks and Kabbage tackle Credit Risk Analytics – full white paper now available

We are six years on from the Financial Crisis but the memory is still fresh. The blame has been securely placed on high credit default rates and inadequate capital reserves. Since the Lehman Brothers collapse in 2008 the witch hunt has been on to seek out and destroy reoffenders and rebuild the credit risk landscape.

There is no doubt that we are still in the process of a credit risk revolution. But, what does this really mean for credit risk professionals? Have the necessary steps been put in place to really safeguard our financial services sector and is it possible to prevent a future Credit Crisis?

The consumer lending market has been left in a whirlwind of change as regulatory and stakeholder expectations have shifted to initiate this transformation. Ironically, this comes at a time when state of the art analytics capabilities emerge allowing for significant change to credit risk business competencies.

Leading representatives from Citigroup, Suntrust Banks and Kabbage battle daily with this upheaval in their credit risk departments. The ability to use revolutionary analytics tactics to reconstruct their consumer credit teams is at the forefront of their minds.

Marsha Irving, Head of Credit Risk Analytics at FC Business Intelligence comments “It is about the implementation of integrated data and analytics platforms across the business that will increase profitability on the bottom line which is really key to professionals in consumer lending today.”

In an exclusive white paper commissioned by FC Business Intelligence, Mrs. Irving uncovers best practice strategies being developed by leaders in consumer financial services as they master the art of credit risk analytics.

If you would like to learn more, access our full 14 page white paper ‘The New Credit Crisis: How Credit Risk Analytics Professionals Are Managing Critical Changes To Their Business’ featuring these discussions with Citigroup, Suntrust Banks and Kabbage now.

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