ARX ANALYTICS & ADVISORY

This module for the Retail Banking is focused on four main areas: Client Origination, Credit Lifecycle, Performance Evaluation and Data Analytics.

Retail Client Management

Client Origination

This module provides details of every new contact or prospective retail customer, approaching a branch of a bank,and the follow-up action to be taken to convert the prospect to a client.
Performance Evaluation

It enables the team leaders and the sales officers to work collaboratively on all follow-ups to the call memos, reassign the prospects amongst the teams for regular maintenance of accounts. It also provides the Senior Management, specialized reports summarizing the credit approval status, new prospects and calls/visits to help monitor the productivity of various retail banking teams at various hierarchies and branch levels.

Retail Risk Management

Analytics

The analytics module enables the institution to monitor the loan portfolio by data mining the customer information by various parameters, including performance of loans by age, income group, geography etc. It also enables the institution to forecast the performance of the portfolios by predicting the flow rate (or Delinquency Migration Analysis) using models which are validated using the banks own data base. Based on the forecasting tools, it also enables the banks to judge the loan loss provisions.

Retail Credit Lifecycle

The Credit Lifecycle modules incorporate online credit approvals, credit scoring models and the Collection modules incorporating Loan Monitoring, Loan Disbursement and Asset Recovery Management.

This module covers all the phases of the retail credit lifecycle, ranging from processing of the loan application, pre-disbursement compliance checks, disbursement of credit, post-disbursement monitoring of the performance of loans, identification of problem loans, triggering appropriate alerts at various stages, delinquency migration analysis of loan portfolios, loan loss provisioning, renegotiation of problem loans, collateral valuation and collection & asset recovery of bad loans.

ARX Portfolio Management

Bank Portfolio Monitoring

The Bank Portfolio Monitoring module enables the entire loan portfolio to be reviewed by geography, product or performance.
Loan Migration

ARX has developed stochastic model based on Markov chain principle which predicts transition probabilities of various loan delinquency states.
Specialized Reports

Summarizes the credit approval status at various stages to help monitor the productivity and performance of various teams.