DecisionPoint

Putting you in control over your risk strategies

In assessing credit applications you need to make decisions instantly, minimising risk and maximising the customer experience. To do this you need as much information as possible, drawing on various data sources to help ensure decisions are made within risk parameters.

 

The power of DecisionPoint allows for on-going user control of lending rules and processes, providing a real time reaction to market change at a low cost of implementation.

 

Veda's latest DecisionPoint 3 solution is a modular platform providing you with:

DataLink Manager

Veda's DataLink Manager is a data enrichment solution for commercial and consumer application processing. It puts you in control over your strategies allowing you to define and manage changes to your rules, policies and data strategy in a changing environment. DataLink Manager enables you to connect to various data sources such as an internal CRM system and external sources such as credit bureau and public information sources.

 

Decisioning Manager

Decisioning Manager enables you to set your strategies around scorecards and policy rules.

 

Process Manager

Process Manager is simply a workflow tool helping to better manage the decisioning process.

 

Features include:

• Utilise web enabled data capture screens for loans origination that can be customised.
• Reduce the time and cost associated with double keying data.
• Automate the documentation of all systems rules, scorecards, cut-offs and calculations instantly.
• Apply a combination of bureau and application scores as well as your own credit policy rules.
• Implement multiple product portfolios within one decisioning engine.
• Analyse past applications to view decisioning outcomes.
• Trial new lending criteria using past application data for review.