News

02:07 PM
Connect Directly
RSS
E-Mail
50%
50%

Deutsche, Luxoft Jointly Develop Risk Management Tool

Platform assists loan origination and credit risk management.

Deutsche Bank's Risk Management Advisory division has jointly developed a risk management tool called Compas with Luxoft, a provider of application and product development services.

In order to better serve its clients, the RMA group at Deutsche Bank wanted to develop a loan origination system that would include an automated credit decision engine, helping to meet challenging regulatory requirements and meet international banking "best practices."

RMA was able to release a marketable version of Compas in less then six months. Compas is now a web-based lending tool that automates, standardizes and systematically manages the loan origination and credit approval process by providing an automated decision engine while managing the specific credit risks inherent in lending.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Dec. 2, 2014
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.