Many banks and credit unions struggle with limited insight into loan portfolio risk and with developing an objective loan grading methodology. Using Sageworks Risk Rating software, financial institutions can automatically risk rate and document loans, leading to a more consistent process that identifies problems and instills exam confidence.
Credit Risk Rating Software
Increase objectivity and provide
Consistent Risk Ratings
Accurate and consistent risk ratings are crucial for helping banks and credit unions make sound credit risk management decisions. With Sageworks Risk Rating, choose a single or dual risk rating model to provide a dynamic and comprehensive credit scoring methodology for the entire loan portfolio. Identify problem loans early, and gain insight into portfolio credit quality.Learn More
Advantages and Features of Sageworks Risk Rating
Monitor key changes while saving time by automating loan grading.
Dynamic Portfolio Reporting
Improve Credit Quailty
Understand your portfolio better. Reports that can easily identify segments needing risk rating adjustments help you create a more proactive approach around credit quality.
Reduce concerns around accuracy and inconsistency. Thorough documentation of calculations and factors behind risk ratings lead to increased confidence in the portfolio.
Objective Risk Rating Methodology
Configure a risk rating system to your institution’s needs. Making sure ratings are based on the same ratios, qualitative assessments, and other factors ensures a uniform system.
"Examiners like when everything is standardized across the board. Before we had [Abrigo], our loan officers did things slightly different. [Abrigo] has helped us be much more consistent in our process.”
GAIN CONSISTENCY TODAY
Matt Warchol, Bank of O’Fallon
Integrated Systems with Abrigo
Streamline your manual loan review process.
At many banks and credit unions, loan review can be a tedious and manual process to satisfy regulatory requirements. However, with Abrigo Loan Review, institutions automate the process, making it easier to sample, review, and track loans in the portfolio. Your institution can proactively identify risks, turning loan review into a competitive advantage.