Chartis’ Credit Lending Operations Solutions Quadrant Report 2024 recognises CRISIL

CRISIL, the global provider of advanced analytics and credit risk management solutions, has been recognised as a category leader in the Credit Lending Operations Solutions Quadrant Report 2024, published by Chartis Research in August 2024.

The recognition underscores CRISIL’s strengths in providing cutting-edge credit origination products and market-leading early warning solutions to clients across the globe, emphasising its position as a global leader in the credit risk management space.

The report evaluates CRISIL’s capabilities across loan origination, loan management, portfolio monitoring, analytics, artificial intelligence (AI) and technology, and incorporates the customer feedback and market potential for its solutions.

Says Ashish Vora, President, CRISIL Market Intelligence and Analytics, “We are proud to be recognised as a Category Leader in Chartis’ Credit Lending Operations Solutions Quadrant Report 2024. This achievement is a result of our offerings that strengthen clients’ risk and lending practices. We continue to invest in AI-based analytics, cutting-edge technology and credit risk capabilities to stay ahead of the curve and enhance our client centricity.”

CRISIL’s Credit+ suite is used extensively by leading financial institutions across the globe. The key solutions of the Credit+ suite for credit lending operations include:

• Credit+ Early Warning Signals: The solution helps financial institutions actively monitor the quality of their credit portfolio and lower loan-loss contingencies. It leverages internal and external data, rule-based flags, and multi-dimensional trigger libraries to detect changes in credit quality and provide risk managers with actionable insights and ability to track corrective action plans.
•  Credit+ Loan Origination: It enables clients to seamlessly manage and automate their origination processes and incorporate credit-decisioning parameters, including internal rating, ESG, climate risk and covenants.
•  Credit+ Pricing Engine: It helps banks’ relationship managers identify mis-priced transactions, relationships and products.

Says Arunkumar Iyer, Senior Director – Risk Solutions, CRISIL Market Intelligence and Analytics, “Our recognition is a direct result of our commitment to client excellence. Our Credit+ Loan Origination solution enables banks to automate their loan origination processes with ease, while our Credit+ Early Warning Signals solution provides unparalleled post-sanction monitoring capabilities that help them proactively manage their credit portfolios and reduce non-performing assets. We will continue to innovate and improve our offerings to help clients transform their credit origination, pricing and monitoring.”