Are you really able to address client default on time?

Credit Risk Assessment

Credit risk is one of the most significant risks within financial services. Therefore, there is substantial pressure on banks and financial institutions to address credit risk in a timely and effective way. However, the current tools for credit risk assessment rarely use all the available data sources, both external and internal. Moreover, they are often unable to address a potential problem in real time.

Deloitte developed a unique solution using state-of-the-art methods of semantic analysis, thanks to which it is possible to analyse vast amounts of unstructured data throughout different sources to address client default in time. We are able to enhance the monitoring of client loans by encompassing signals extracted from publicly available online sources and other text data. This enables us to dramatically increase effectiveness in recognising the upcoming difficulties of a loan client.