Banks often face various challenges related to the early warnings process—the process that monitors credits (loans, mortgages, etc.) to identify the potential non-payers and offers an early warning on this potentially risky customer activity. These challenges are usually related to having the credit and risk activities scattered throughout different platforms and business unit silos.
Accenture’s Early Warnings application offers an end-to-end environment for early warning process management. It helps risk managers to easily manage client data coming from multiple sources— such as external bureaus or providers—by applying business rules and predictive models to all of the data so early warnings of potentially risky behavior may be identified.