ENTERPRISE CREDIT DECISION MONITORING™ & CREDIT PRICE MONITORING™

Description

Preiss&Associates Enterprise Credit Decision Monitoring™ and Credit Price Monitoring™ services help financial institutions examine their credit portfolios across entities within an institution for possible disparate treatment issues with respect to the credit granting decision process and the credit pricing decision process. Enterprise Credit Decision Monitoring‘ uses logistic regression analysis to assist institutions in identifying possible differential treatment issues across entities in the credit granting process, employing the same procedures the federal regulators use when they perform their fair lending exams. Similarly, Enterprise Credit Decision Monitoring‘in the pricing arena aids an institution in identifying possible credit pricing issues across entities in their credit portfolios.

Uses

• Tests for unintended differential treatment in the credit granting or pricing processes across the institution’s multiple entities and various credit portfolios.
• Identifies application files across entities that need to be manually reviewed to assure the proper documentation to justify the credit decision made or validate the interest rate charged.
• Assures consistency in the credit granting or credit pricing decisions across the entities within an institution.

Benefits

• Uses statistical expert to do analysis like the regulators.
• Increases productivity through easy to use custom reports; avoids data management, learning and technical concerns.
• Screens 100% of credit files across entities statistically, not just a sample.
• Reviews only those cross entity files may be problematic, not a random sample.
• Identifies problematic files on a timely basis; quarterly, semi-annually, annually.

Staff and Business Qualifications

• Ph.D. in Economics with specialization in econometrics.
• Post-doctoral work at Wharton Econometric Forecasting Associates in Philadelphia, under Nobel Laureate Lawrence Klein.
• Combination of unique technical skills and practical business experience sets Preiss&Associates apart.

For more information and a full discussion of your requirements, please contact Preiss&Associates.