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CRIF Credit Framework Chosen by OTP Banka Slovakia for Enterprise Credit Management - Seeking faster, more efficient loan origination and improved risk and customer management, OTP Banka Slovakia has selected the CRIF Credit Framework - CRIF.com
CRIF Credit Framework Chosen by OTP Banka Slovakia for Enterprise Credit Management

 

PRZOOM - /newswire/ - Bologna, Italy, 2014/04/07 - Seeking faster, more efficient loan origination and improved risk and customer management, OTP Banka Slovakia has selected the CRIF Credit Framework - CRIF.com.

   
 
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Striving for quicker customer response times, improved margins and expanded product and channel offerings, OTP Banka Slovakia has decided to replace its existing loan approval system with the CRIF Credit Framework technology and know-how for loan origination and modification, customer monitoring and management and reporting across both retail and business lending segments.

“CRIF is delighted to have OTP Banka Slovakia as a CRIF Credit Framework customer. We are looking forward to a strategic collaboration with the bank and are focused on helping OTP Banka Slovakia achieve its end results.” commented Aldo Bruschi, CRIF Vice President.

“We decided to redesign our lending system with CRIF for several reasons”, says Peter Leško, CRO, OTP Banka Slovakia. “By our meaning CRIF combines the understanding of the credit business in Slovakia, global best-practices in lending processes and risk assessment with the flexible yet comprehensive software framework; it helps us to meet the challenging project deadlines and get the state-of-the-art system in operation quickly. On the top of tight collaboration with CRIF, acting on site in local language, we’re gaining the independence for next parameterization and tuning-up the system; this allows us to reach our goals on the quickly changing market.”

CRIF Credit Framework’s Smart Process Application technology integrates data, predictive analytics and core systems with business user friendly tools to make smarter decisions in the moment. Used by hundreds of financial institutions and business in over 20 countries, it is extremely adaptable to any business, compliance regulation, and country requirement. Flexibility along with control and analytical features allow CRIF Credit Framework customers to be faster, better, and more efficient.

About OTP Banka Slovakia

OTP Banka Slovakia, part of the OTP Group, operates on the Slovak market, and through its correspondent banks also on foreign markets, as a universal bank with a full foreign exchange license.

About CRIF

CRIF (crif.com | crifdecisionsolutions.com), a FinTech 100 company, is a leading global credit management solutions firm providing credit reporting, analytics and innovative technology and services to over 2,400 financial institutions of all sizes worldwide. One of the world’s largest loan origination solution providers, financial institutions turn to CRIF to allow them to respond quicker, cut costs, make more accurate decisions, and be compliance-ready.

 
 
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CRIF Credit Framework Chosen by OTP Banka Slovakia for Enterprise Credit Management

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Contact: Press Office - CRIF.com 
+39 0514176111 communication[.]crif.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any CRIF securities in any jurisdiction including any other companies listed or named in this release.

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