The pandemic brought additional pressures to review where the organisations are with their digitalisation and what should be done to stay competitive.
Financial services organisations make no exception and are facing the threat of new competitors that have completely embraced the digital era. With information at the core of every business function, poor information management can affect business profitability, risk exposure accuracy and reactions to the changes too late.
Operating NPL portfolios accurately and efficiently requires perfect information management capabilities. It is not just to know the current status of the portfolios and their risk position. The volatile market changes need easy and fast capabilities to reassess the portfolios and risk positions. Additionally, perfect information management supports making on the spot changes to the ways of running portfolios in the changed market conditions.
How is your organisation’s information management today? Do you know where your NPL portfolios are 7/24/365? Do you have an old legacy IT solution where any change takes weeks if not months to complete? Or a more modern solution but changes need coding and take time?
We design and implement IT solutions, together with you, for your business needs. Contact us to arrange a detailed presentation for more details.
Through our own business-class software solutions and partnerships with international vendors, we are committed to helping businesses worldwide realize their full potential and evolve in the ever-changing landscape. We are thrilled to showcase our dynamic collaboration with Veraltis, a game-changing contributor to wider economic well-being and a secured asset management group in the market! With […]
Recent figures from the Bank of England (BOE) have revealed that consumers borrowed an additional £1.3 billion in consumer credit in March, of which £800 million was new lending on credit cards, taking total credit card borrowing in the first three months of this year to £2 billion. The figures show credit card borrowing was […]
Since the beginning of 2022, the panic from Covid-19 pandemic has been easing up and 2022 is looking like a year of recovery to global economies. However, Covid-19 is still with us and when the global restrictions are lifted in most of the countries, the continued infections have their impact on the employees’ sick days. […]
