Determines the optimum pricing to achieve the right balance of competitivity with default risk.
The Price Optimization module of the CRIF Credit Management Platform centralizes and manages all the rules needed to determine the optimal pricing for a given customer considering the risk level, customer relationship and potential opportunity, and integrates with credit processes across the value chain.
With this module you can:
- Analyze potential risk & profitability,
- Perform risk based pricing,
- Leverage predictive analytics and apply risk algorithms such as Economic Value Add (EVA) & Risk Adjusted Return on Capital (RAROC),
- Present multiple pricing options to best align with each customer’s needs and expectations,
- Integrate price optimization throughout your organization’s credit and lending processes.
Contact us to find out more about how the Price Optimization module of the CRIF Credit Management Platform can help improve credit and loan pricing leading to higher market share while lowering default risk.
Credit Management Platform: Packaged Modules
Governance & Reporting
Achieve strategic goals, optimize decision-making and overall performance with the Governance & Reporting module of the CRIF Credit Management Platform.
Excel at targeting the right customers and bringing on new business with the Engagement module of the CRIF Credit Management Platform.
Streamline account opening and loan origination processes end-to-end with the Origination module of the CRIF Credit Management Platform.
Customer Portfolio Management
Stay on top of portfolio risks and customer opportunities with the Customer Portfolio Management module of the CRIF Credit Management Platform.
CLever: Debt Collection & Recovery
CLever provides complete and streamlined management of the collection process, from early collection through late collection and recovery.
Apply best-in-breed techniques to automatically assign ratings to credit exposures across the credit value chain with the Rating Assignment module of the CRIF Credit Management Platform.
CRIF Data Model
The complete data management solution for credit risk information across your enterprise.
Manage credit risk authorization and delegation for your whole enterprise and at each decision-making point across the end-to-end credit lifecycle.