A more granular and proactive approach to portfolio management
ON Monitoring enables banks to minimize credit losses by maintaining a proactive and ongoing underwriting view of their whole loan book, rather than just at origination and annual review.
MANAGE RISK
Continuous monitoring to predict borrower financial hardship, industry-related risk, and covenant breaches well in advance.
IMPROVE EFFICIENCY
Reduce the number of manual touchpoints in the annual review process, as well as the frequency and length of analysis.
PURSUE NEW GROWTH OPPORTUNITIES
Segment credits on a high to low-risk spectrum to identify which require intensive vs light touch reviews, freeing up resources to pursue new loan origination.
“Through the continuous monitoring of active credits, OakNorth’s (Credit Intelligence) software enables us to turn monitoring into a real-time process. This in turn means we can build deeper and more meaningful relationships with clients – having a consultative relationship with our borrowers – as well as ensuring our Relationship Managers have more time and better insights to originate new deals.”
Daryl Moore
(Former) Chief Credit Officer
“Several aspects of OakNorth’s software appeal to our team. We’re particularly interested in those aspects that will help us build efficiencies, automating certain manual processes and updating processes that are not as efficient as we’d like.”
SUNIL DAYAL
(Former) Head of Innovation and Fintech
“Having a second look with OakNorth’s software and process has been invaluable to us – both internally as we communicate with our Board, and externally as we communicate with our investors and the regulators."
Mike Lyons
Head of Corporate & Institutional Banking
