When a financial institution’s credit risk decisioning process has redundant data entry, separate systems, and subjective risk ratings, it means bottlenecks for fast-paced lending teams and increased risk. Our credit risk software helps institutions make defensible credit decisions with speed and precision on one connected system.
Credit Risk Management Software
Reduce lending bottlenecks; enhance credit analysis.
Streamlined Decisions
From underwriting to closing, Abrigo’s credit risk software ensures one-time data entry and shortens time lost to the back-and-forth between teams. We streamline credit spreading, risk rating, pricing, and servicing. You get consistent application of your credit policies on a scalable, life-of-loan platform.
Play VideoFeatures and functionality of credit risk software
Spend more time building relationships and analysis, less on manual tasks.
Many community banks and credit unions face inconsistent workflows and disconnected data systems during underwriting and loan approval. Abrigo’s credit risk management software automates rote tasks and reporting so credit staff can focus more on valuable activities like analysis and trendspotting.
No Data Entry
Save time and allow the credit team to spend time on analysis rather than on entering information line by line.
Uniform Credit Process
Standardize analysis and documentation for defensible reports for loan committee meetings, loan reviews.
Accurate Analysis
Leverage global cash flow analysis to assess complex entities’ income and debt compared to industry peers.
Effective Administration
Automate tickler updates and track covenant/document exceptions to cut loan review preparation time and costs.
Better Loan Pricing
Apply risk- and target-based pricing scenarios coupled with key benchmarks to validate loan pricing strategy.
Data-Informed Decisions
Leverage projections and proprietary industry data to make more informed C&I, CRE, and MBL loan decisions.
Uniform Credit Analysis Process
“Abrigo’s global analysis ensures accuracy, and the narrative reports provide time-savings and consistency. Our examiners have commented that they like the uniformity our software solution provides to our credit analysis.” Read More.
Kevin Atwood, EVP Bank of Cadiz and Trust Company
Advantages of credit risk software
Pioneering tools and in-house team to support your credit risk decisioning needs.
Along with providing you a more efficient underwriting process, your software partner should be committed to improving the product over time with new and exciting technologies. The age of digitization is upon us, and partnering with experienced innovators is critical for banks and credit unions starting or boosting digitalization. And with Abrigo’s strong industry experts and support team, you will be all set!
Award-Winning
Implementation & Support
When automating, it's important to get the right training and templates in place to utilize the new solution effectively. Abrigo's implementation team is committed to getting you stood up rapidly and successfully, utilizing the best practices of over 2,300 customers. Our support satisfaction backs this up.
Constant Innovation
Abrigo consistently works to make solutions even more effective for banks and credit unions. We’ve created patented technologies like the Electronic Tax Return Reader, which can spread tax returns in less than a minute with 100% accuracy.
Dedicated Partnership
Our customers will tell you Abrigo is more than just a vendor; we are a partner dedicated to your institution’s success. That’s why we constantly solicit feedback from customers and seek ideas for new features to meet your changing needs.
Award-Winning Products - All-in-one-Solution
Credit Analysis
Spread loans quickly to understand borrower’s global cash flow and credit risk compared to industry peers.
Risk Rating
Use single, dynamic, and comprehensive risk rating methods to identify problem loans early.
Electronic Tax Return Reader
Spread tax returns in under a minute, preventing lenders from having to key in the data.
Loan Administration
Automate client correspondence to reduce the time and cost of loan review an average of 35%.
Document Prep
Generate compliant loan documentation using loan information already in the platform.
Loan Pricing
Make more informed pricing decisions that accurately capture costs of making the loan.
Workflow
Utilize customized templates and steps to match your loan management needs.
Document Library
Securely store key documents by centralizing them for users who need access.
Client Portal
Collect documents using a secure portal and stop tracking down files one by one.
“We now have reports that give us real-time information to make business decisions that work better for everyone. The reporting available will allow the bank to move forward with loan administration and monitoring in a more efficient manner.”
Jason Soto, Chief Credit Officer | Webster Bank
Make better business decisions today
Integrated Solutions with Abrigo
Deliver a Modern Customer Experience
Dynamic Application
To effectively compete in the current market and foster growth, financial institutions must have a digital presence. The Sageworks Dynamic Application increases efficiency for staff and allows borrowers to complete applications at their convenience online through a modernized interface.
Resources on Credit Risk
Risk Rating Considerations
Recommendations based on regulatory guidance for an effective risk rating system.
Credit Risk Best Practices
Learn about best practices for effectively managing risk in the portfolio during a recession.
Key Credit Analyst Traits
Successful credit analysts should have these four core qualities that set them apart.
