Although the need for Lending Value to the bank is widely recognized, only a few banks are able to implement it properly.
A powerful and user-friendly lending value (LV) Calculator is the key to control the client risk and manage a more accurate and aggressive lending policy.
The SpeciCred Lending Value Calculator allows you to implement sophisticated rules that result in the loan having a higher interest rate and playing a significant role in the risk assessment of the client’s portfolio.
Only a sophisticated Lending Value Calculator can implement a bank’s policy
One of the biggest challenges banks face today, is the lack of flexibility to calculate this LV. Models are often simplified and not adapted to the bank’s policy. This undermines not only the bank’s ability to assess risk, but also to implement an aggressive lending policy.
The SpeciCred LV Calculator allows banks to refine their rates by aggregating chosen criteria to prioritize its calculation.
How do you get data market availability at an acceptable price?
Financial organizations often encounter insufficient or missing market data. Depending on the type of client portfolio, it can lead to a large part of the portfolio reviews coming to nothing. Unfortunately, most banks cannot obtain the required data due to the low granularity of the data provider’s package.
To obtain accurate market data, SpeciTec’s SpeciBbg module collects selective market data from Bloomberg on demand. It enables the bank to get right data at the right time and avoid additional costs for purchasing extensive market data, most of which is not used.
Allow the user to do it himself
In most cases the parameterization is very complex, which prevents credit and risk managers from implementing the desired LV. Another source of blockage is the need to involve a computer resource to correctly perform the desired LV calculation.
SpeciCred LV Calculator has been designed so that any user from credit or risk department is able to create, simulate and implement the LV policy by using a very simple and intuitive method, without the need of IT resources or consultation of a supplier.