The blog articulates:

– A practitioners framework to evaluate risk, leveraging front-line experiences from the great recession
– Prescriptive guidelines in risk management processes and technology to navigate the current crisis

Banks need to urgently upgrade their digital decisioning capabilities to stay competitive & win in marketplace. This webinar covers key challenges and practical strategies for building long term capabilities in-house.

Webinar covers practitioner guidance on Covid-centric data sources & Corridor platform capabilities to:

– Enhance governance
– Accelerate decision lifecycle
– Develop systematic monitoring. (Passcode-422880)

The blog discusses Corridor capabilities to address the gaps in model risk processes:

– Using new data safely
– Systematic model monitoring
– Addressing manual validation processes
– Moving models to production quickly

The webinar discusses the expected impact of Covid-19 on Consumer credit specifically:

– Unsecured credit (Cards and Installment loans),
– Mortgages
– Car Loans.
It also suggests remedial steps from experts.

The blog discusses the end-to-end decision cycle for underwriting on Corridor with focus on:
– Data governance
– Model governance & monitoring
– Layered strategies with impact assessment
– Policy orchestration for production

The blog illustrates how optimization driven strategies using custom frameworks can be used to create custom offers at prospect level.

The blog articulates:

– Ease of rapidly building a sophisticated CLI policy on Corridor Platforms
– Creating a competitive advantage in the marketplace for the banks to retain and grow customers.

Blog Summary – To compete in today’s market, mid-tier banks and credit unions must transform their decisioning capability to meet customers’ heightened digital lending expectations.