Credit Decisioning Service – Current

Credit Decision Service

Empower your Risk Management with our Cutting-Edge Credit Decisioning Solution.

Smarter, faster, more informed Credit Decisions & Risk Management

Designed specifically for risk managers, the Credit Decision Service (CDS) streamlines complex regulatory and compliance demands while maximising accuracy and efficiency.

The CDS empowers financial institutions to run comprehensive analysis, leverage machine learning models, and implement robust credit policies throughout the lending process, all via a flexible headless service.

Features of the CDS

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Credit Studio

A single Studio to manage all your credit risk capabilities and services

Manage your Decision Services: Credit Approval, Affordability, Responsible Lending and Early warning signals
Review, refine and test decision components directly within the studio
The intuitive user interface (UI) provides a comprehensive view of all Decision strategies, Credit policies, Scorecards and Models

Configurable Data Integration

Highly configurable and extendable Data model

Make faster, smarter, more accurate credit decisions
Optimise credit risk decisioning, assessment and modelling processes with seamless data integration
Connectors to leading credit bureaus (Equifax, TU, Experian), Open Banking, and alternative data providers
Plug-and-play integration with existing loan origination or assessment systems utilising REST APIs

Simulation Tools

Test and optimise credit strategies before deployment.

Identify potential risks, validate credit policies, and fine-tune decision models
Run scenario analysis to refine and enhance decision-making
Simulate both champion and challenger strategies side-by-side on production copy or test data
Mitigate risk by validating new strategies in a controlled environment before live deployment

Decision Monitoring

Monitor and enhance credit decision performance continuously.

Track key metrics and KPIs to ensure ongoing credit decision effectiveness
Identify emerging risks and trends through real-time monitoring of credit decisions
Audit trails help to ensure compliance with credit policies and regulatory requirements
Use reports & analytics to detect anomalies or shifts in customer behavior that impact credit outcomes
Refine credit decision strategies based on insights and changes in risk levels

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“DCS supported the migration of our Credit Risk Decisioning Platform from Chordiant to Pega Cloud. They worked closely with the Alfam and Pega team, taking a leading role in defining and implementing the decisioning framework as well as rolling out a successful go-live with seamless business continuity. They understand our needs and advise on the best practices. Their knowledge, expertise and flexibility continue to add value to our next phase of work.”

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Check out our Credit Risk Thought Leadership below

How Alternative Data is transforming Credit Risk Decisioning in Emerging Markets

13th January 2025

Summary

How Alternative Data is transforming Credit Risk Decisioning in Emerging Markets

Discover how alternative data is transforming credit risk decisioning in emerging markets by enabling more inclusive financial services. This article examines the growing demand for credit in regions like Southeast Asia, the integration of non-traditional data sources, and the opportunities and challenges lenders face in adopting these innovative approaches to expand access to credit for underserved populations.

Credit Risk Decisioning

22nd October 2024

Summary

Credit Risk Decisioning

Credit Risk Decisioning systems are crucial for evaluating the creditworthiness of borrowers. By leveraging data like credit history and repayment capacity, these systems ensure responsible lending and are integral to the credit lifecycle. DCS’s Credit Decisioning product and consulting services are focused on making the credit decision processes smoother, smarter, and more scalable. We have merged our credit and lending experience with Pega’s advanced decisioning technology. We help to modernize and streamline the way in which credit decisioning teams operate and function.

Find out more about this solution by contacting us here or via Pega Marketplace.

Credit Decision Service

Credit Decision Service