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Follow on Google News | New Decision Engine to assure the quality of credit decisionsThe new IRB Modellica Decision Engine protects the Risk Department of credit grantors from operational mistakes when modifying their credit strategies
By: Jose Maria Gonzalez These solutions put the risk user in control of every element that defines the credit policy of the bank. Enjoying such position is clearly beneficial for the risk user because changes to credit policies are implemented quickly without resorting to the help of a programmer. But relying on such sophisticated solutions brings about the danger of poor implementations if the risk user makes a mistake when maintaining the decision system. This danger has shifted from IT towards the risk department. The new Decision Engine developed by IRB Modellica introduces a Quality Assurance Workbench that will make the risk user implement changes with confidence. Difference analysis, step-by-step processing and other leading edge features make IRB Modellica Decision Engine stand out in the decision systems crowd. # # # IRB Modellica® provides analytical services and software solutions to automate the credit decision process. IRB Modellica is integrated in the Scoresoft group and has distributors in the United States, United Kingdom, Russia and South Africa. End
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