Increase objectivity with detailed, standardized documentation. Risk ratings are a foundational element of credit and portfolio risk strategy. From loan pricing to stress testing and allowance calculations, accurate risk ratings are crucial for making sound risk management decisions. Sageworks Risk Rating allows banks and credit unions to use a single, dynamic and comprehensive risk rating methodology for the entire loan portfolio, identify problem loans early and gain insight into portfolio credit quality.
Risk Rating
- Create a standardized loan rating system with customized factors and weightings
- Produce extensive reporting to show all risk ratings and rating changes
- Add custom qualitative metrics to risk ratings
- Customizable templates for any single or dual risk rating
- Save customer templates with customized benchmark ranges
How It Works
Insight into Loan Portfolio Risk
Dynamic reporting allows the institution to view loans by risk rating, as well as a historical record of changes to risk ratings.
Satisfy Examiners
Thoroughly document each rating with custom reports that show all risk ratings and changes in ratings. Customize templates for each loan type.
Objectivity
Ratings are templated and based on financial ratios, qualitative factors, and custom factors. Managers are able to lock ratings for approvals or require comments on changes.
Examiners like when everything is standardized across the board. Before we had [Abrigo], our loan officers did things slightly differently. [Abrigo] has helped us be much more consistent in our process.
Matt Warchol, Bank of O’Fallon
