Technology Solution for Enterprise Account Management
As macroeconomic conditions have deteriorated, a retail banking risk manager’s job has become increasingly challenging. One of the more concerning changes in the credit industry is a significant increase in consumers that are walking away from their primary mortgage obligations. Technology helps lenders more effectively manage risk within their portfolio, in four key areas, which should be orchestrated together for maximum benefit:
1. Implement rapid change management.
2. Build a comprehensive view of the customer.
3. Leverage behavioral and credit data together.
4. Make use of advanced modeling techniques.
Follow the link to read the whole whitepaper, “Effectively Managing Risk in the New Economy”