As banks return to their original core business, enormous market pressure to minimize cost and to increase profit requires the optimisation and automation of operational and organizational structure.
In parallel it has to be ensured that the control, monitoring and reporting of all engagements is managed effectively and transparently, in order to meet enhanced regulatory requirements regarding minimized credit risks.
Beyond that, enormous improvements in the quality of the advice in credit services are necessary to take into consideration competitiveness as well as increasing regulatory requirements for loans business.
How BearingPoint brings value
BearingPoint Financial Services Credit Solutions enable clients to set up an efficient and cost-oriented, operational and organizational structure for their credit business, reasonably supported by IT (STP) to perfectly enact their business strategy.
Cost and profit drivers are identified, respectively minimized and optimized, so that the benefits from synergies within the credit granting process and the following operational procedures can be quickly realised.
Customer satisfaction can be increased by enhancing advisory services’ quality.
Recently introduced regulatory requirements can be integrated efficiently within the relevant processes and adherence to those rules can be monitored and reported.