Best Credit Risk Management Software for Startups

SwissMetrics, a FinTech company based in Switzerland, has the goal of changing the way companies monitor counterparty risk exposure. It provides a single platform solution that allows for onboarding and compliance as well as credit risk monitoring. The platform was developed by finance professionals and aims to encourage smarter collaboration between finance teams and non-finance departments in pursuit of a common goal: maximising value through risk mitigation. SwissMetrics is customer-centric and focuses on optimizing user experience through innovative, practical, and forward-looking tools. SwissMetrics enhances your compliance function by enabling you to monitor the financial health of your customers and suppliers.

Comcore allows central capture and management for all key components of physical and paper (OTC, Exchange) commodity trades. The Risk Management functions are • Mark-to Market valuations of open physical trading (crude oil and refined petroleum products), and derivatives • Reporting on exposure and PnL • Value-at Risk (parametric, historical and Monte Carlo). • Trading Limits • Credit risk The back office functionality includes invoice generation/management, Profit & Loss reporting (both actual and projected), automatic notifications, and flexible reporting. Comcore can be integrated to third-party applications such as accounting systems, ERP systems, and even other CTRM systems.

Book using our load board for free. Connect with brokers and carriers with your private groups, or use the open market to find more options. Fastest and most secure freight payments Automate payments, manage terms and get quick pay. Risk-free. Eliminate credit risk and collections. Automate your workflows. Our API Integrations make it easy to manage complex freight payment scenarios, optimize processes, and simplify your workflows. To automate invoicing and carrier payments, you can create new connections or create private groups. In just a few clicks, you can request payments, receive status updates, digitize documents, and automate all your invoices. Our payment and booking APIs can be integrated with your apps to automate workflows. Freight tech that works with you. We are the leaders in digital freight payments and software to help you grow and prosper in the 21st Century. Your company will become more efficient by leaps, bounds.

Billtrust makes it easy for B2B companies get paid. Since nearly two decades, we have been the leader in A/R automation and are continuing to grow. We serve 40+ industries, and have a double-digit market share in many of them. We offer automated order-to cash solutions that meet the diverse needs of buyers. This includes tailored invoice delivery, secure multichannel payment enablement, intelligent matching and payment posting.

Beyond ARM simplifies the collection and receivable management process. Beyond ARM was developed by DAKCS Software Systems and is a cloud-based or on-premises debt collection platform that can be used by businesses of all sizes. Beyond ARM is highly configurable and innovative and offers a rich set features for accounts receivable (ARM), credit/risk score, predictive dialing and reporting.

Automate the entire life-cycle of commercial loans, from sales management to monitoring. Streamline the lending process and manage your loan portfolio to reduce credit risk. We integrate with all Core Banking solutions, as well as the majority of documentation preparation solutions. This allows for faster processing times and lower costs, which will allow your bank to expand its loan portfolio. Credit Track integrates Workflow and Collaboration. You can view the details of each person and their tenure at any time. We also provide metrics that allow you to track any delays or issues. Are you tired of sending paper packages to be approved? Stop sending emails with so many attachments! Credit Track allows you to access your entire loan package online. When actions are required, we send emails. Send, Review and Approve any package electronically. Digital signatures are possible.

By leveraging Open Finance and bank statement data, DirectID help lenders understand their customers throughout the credit risk lifecycle, from onboarding through to collections & recoveries. DirectID Solutions include: AFFORDABILITY Automated transaction categorisation, instant insights and income verification for any customer with a bank account, all allows for more informed affordability assessments. IDENTITY Perform bank account validation checks to confirm identity, and then go beyond basic checks through our financial insights. ONBOARDING Remove onboarding friction caused by paper documents. Get seamless onboarding, verify asserted income and gather bank transactions with instant analysis in seconds. COLLECTIONS Create more informed collections programmes and better customer experiences with direct data insights. CREDIT RISK Don't rely on aged credit data and self-asserted income. Our real-time data insights supplement credit bureau reports to enable smarter credit risk underwriting. OPERATIONAL EFFICIENCY Reduce time spent on the phones and assessing documents. Connect directly to customer bank data and get automatically categorised transactions in seconds, whilst also reducing fraud.

We provide a single credit risk management system that covers all bases. Square 1 Credit Suite allows community banks to benefit from the efficiency and accuracy that comes with removing disparate systems. Our commitment to you extends from beginning to end, both in your lending process as well as as a valued customer. Our single solution is the best way to manage credit risk at your institution. Square 1 Credit Suite can be used to manage your loan portfolio, whether it's a legacy system or a newer system. We are the experts in single-point solutions. Our team of experts has over 20 years experience and will help you through every step to ensure that your transition to greater efficiency, accuracy, and speed is seamless.

Brighterion has revolutionized artificial Intelligence for more than 20 years. Our AI solutions prevent fraud in payment and acquirer payments, reduce credit risk, delinquency, and healthcare fraud. Your growth possibilities are endless with our extraordinary scalability. With powerful personalization, your business goals can be defined by the models. With AI Express, you can get the full power of Brighterion AI within 6-8 weeks. Advanced AI can sound complicated. We also understand that the idea of moving from legacy rules-based systems and into something new can seem overwhelming. Imagine if all the risk was removed so that you could test drive your model in as little as 6-8 weeks. After seeing the ROI and how the models outperforms the rules, you are ready to deploy.

HighRadius is a Fintech SaaS company that utilizes AI-based Autonomous Systems to automate finance processes such as Order-to-Cash, Record-to-Report, and Treasury management for businesses. Our Autonomous Software platform for the Office of the CFO is AI-driven, enabling companies to lower DSO, optimize working capital, fast-track financial close, and improve productivity. HighRadius has helped over 700 leading companies, including large corporations and mid-size enterprises, to transform their finance processes in O2C, treasury, and R2R. Our Order-to-Cash solutions include Credit Risk Management, AR Collections, Cash Application, Deduction Management, and E-Invoicing and Payment software. For Treasury management, we offer Cash Management and Cash Forecasting software, while our Accounting solutions comprise Financial Close Management, Account Reconciliation, and Anomaly Management software.

At Creditsafe, we know how tough it is to protect and grow your business long-term, especially in the current turbulent economy. With supply chain disruptions, labor shortages and the rising costs of supplies, it can sometimes feel like the odds are stacked against you. But the good news is that you can take back control of your business growth by vetting potential and existing customers to make sure they can and will pay their invoices on time. Creditsafe holds business data on over 365 million companies across 160+ countries worldwide, providing you with the most accurate and unbiased commercial payment data that is: • Updated up to 5 million times a day to include credit scores and limits, financial information on up to three years of annual accounts, bankruptcies, judgments and lawsuits • Compliance data verified by over 35,000 trusted sources globally • Intelligently designed to predict up to 70% of business failures 12 months in advance • Responsible for shaping 1.06 million business decisions daily • Trusted and used by over 110,000 businesses worldwide, including BMW, Volvo, Viacom, Panasonic and Nestle

Rethink your approach towards credit risk. ZScore, our flagship product, lets you harness the power and accuracy AI to create high-performance credit scorecards throughout the entire credit cycle. Real-time processing of loan applications Enhanced customer experience. Advanced ML algorithms that can be used to validate, test and train models. ZScore can be quickly implemented and deployed on your existing infrastructure. Integration with existing technologies is possible with our advanced architectural design and APIs.

Model building software for today's machine learning age incorporates credit risk modelling expertise spanning over thirty years. Modeller is a flexible, transparent, interactive, and feature-rich tool that helps organizations get more out of their analytical teams. It allows for a variety of techniques, rapid development of powerful models, full explanation, and advancement of less experienced members of the team. You can choose from a variety of modeling techniques, including machine-learning, to achieve optimal predictive accuracy, especially when working with complex interrelationships and multicollinearity. At the touch of a button, you can create industry-standard binary and continuous target models. You can use decision tree modeling with CHAID trees and CART. You can choose from logistic regression, elastic network models, survival analysis (Cox PH), random forest, XGBoost and stochastic gradient descend. SAS, SQL and PMML are all available export options for use in other scoring and decisioning programs.

RiskAvert is a robust solution for risk management that enables financial institutions to collect and reconcile data, calculate and aggregate regulatory credit, market, operation, and concentration risk in an integrated yet modular environment. It supports all approaches to credit, market, and operational risk calculation, allowing banks to move away from a standard approach to IRB approaches. The solution supports XBRL validation as well as conversion functions for multiple taxonomies. The solution's cube-based MIS reporting engine fully supports market transparency requirements. Supervisory review is covered by a holistic stress testing framework as well as extensive concentration risks measures and reporting. The full coverage of the EUCRR/CRD Regulation, and future developments. Calculation of credit risk capital requirements according to Standardised or IRB approaches.

The Equifax Developer API Portal is a central platform that allows developers to access and use a wide range of Equifax data and analytics capabilities. This portal provides a wide range of tools and resources to help developers create applications that use Equifax's data insights to address real-world problems. The Equifax API Developer portal has the following features: Comprehensive API Selection: Offers APIs for a variety of fields, including identity verification, credit risk assessment, fraud prevention, and marketing initiatives. Documentation Interactive and Detailed: Provides comprehensive API documentation including clear guidelines, samples code, and detailed reference materials. Safe Sandbox Testing: Test APIs in a sandbox environment that is secure, ensuring that the data will not be affected. Secure API Access: Creates and manages API keys, and authentication procedures to ensure secure API usage.

Lenders face increasing pressure to make more compelling offers to more applicants. But managing risk and growing profitable portfolios is more difficult than ever. It's time for a rethink of the data and insights that are used to assess credit risk. RiskView Credit Solutions can help you gain a fresh perspective on credit risks by leveraging non-credit event and alternative credit-seeking information. Improved risk segmentation in credit score bands allows you to refine offers for applicants who are in highly competitive credit segments. Improved predictive capabilities for near prime applicants can maximize acceptance rates and manage risk exposure. Assess consumers with thin or no-hit credit histories.

AI-driven solutions for credit-to-cash powered by Dun & Bradstreet’s global data and analytics. D&B Finance Analytics offers AI-driven solutions backed by the Dun & Bradstreet Data Cloud. D&B Finance Analytics is a flexible, easy-to-use tool that helps finance teams reduce costs, improve customer service, and manage risk. Manage credit and receivables risks to minimize bad debts, reduce DSO and improve cash flow. Automate manual decisioning and monitoring, customer communication, and matching. Offer your customers an online credit application as well as a payment portal. D&B Finance Analytics consists of two platforms: D&B Credit Intelligence and D&B®, Receivables Intelligence. Together, they provide powerful insights and technologies to help you accelerate your success throughout all your credit-to cash processes. You can quickly gain visibility into credit risks, onboard customers, and set the right terms.

Fiserv's solutions for financial risk management provide asset liability management, credit risk, liquidity, interest-rate risk, and funds transfer pricing capabilities. This will give your company a true enterprise view of risk. Every balance sheet is at risk. Financial professionals don't have the ability to see the future, so you will need to evaluate multiple balance sheets under different interest rates. Why? Financial institutions must understand the risk exposure in their balance sheets. Certain balance sheets perform better in rising rate environments than others. You can choose to take financial risk to maximize income opportunities, or to minimize financial risk by immunizing yourself against it. However, you need to be able to evaluate the risk embedded in your balance sheet. This allows your company to adjust and/or manage the risk to meet business goals and plans.

DiCOM is a leader in providing software solutions for financial institutions that manage Credit Risk and Loan Review. Credit Quality Solution (CQS), a DiCOM offering, is a set of robust, automated software tools that includes portfolio analysis, portfolio monitoring, loan review, and portfolio review. The software suite from DiCOM allows credit risk professionals to effectively manage risk, provide greater transparency and improve profitability through lower loan losses. DiCOM's mission enables clients to achieve more by innovative software, passionate customer engagement, and industry leadership.

Moody's Analytics CreditLens platform enables financial institutions to make better commercial lending decisions with greater speed and efficiency. Its innovative technology allows for consistent spreading, which powers advanced analytics. This includes the ability to compare your portfolio and benchmark it for enhanced risk assessment. Access financial analysis that generates dual risk rating models, or use rating models customized to your internal credit policies and risk rating guidelines. You can enhance your risk assessment by using relationship hierarchies that you create in CreditLens, or import from your CRM database. This allows you to model multiple risk entities, relationships, and hierarchy. Use business rules to reduce errors, increase data accuracy, and guide users through credit risk assessment according to your bank policies. Data auditability, deal approval frameworks and conditions precedent, as well as covenant adherence, are all available to help you ensure compliance with your internal and externe policies.

SS&C Loan Services brings unprecedented operational efficiency to the management of loan assets in a highly regulated and evolving lending environment. This is for both lenders and investors. Our solutions cover all types of loan products: unsecured consumer credit, commercial and residential mortgages, syndicated bank loans, and even unsecured consumer credit. We give our clients complete control over the entire loan servicing lifecycle, starting with origination through to REO. This includes bank loan trading with accounting and valuation, loan credit risk calculation and stress testing. It's no surprise that SS&C Loan Services has over 300 clients. SS&C GoLoans provides a single-source, scalable solution that increases efficiency and provides transparency throughout the loan life-cycle. SS&C GlobeOp maintains all your records and books. It uses an integrated operating company accounting package to reduce operational burdens and increase transparency.

Lenders can save time, money, and errors with our online Auto Decision Platform (ADP). Increasing your bottom line profits ADP is multifaceted and multi-award-winning, with many possibilities once it's been implemented.

DocCredit software is used to automate the collection process and commercial credit risk management. It integrates with the major Business Information providers and includes a company rating engine that allows you to get to know your customer. The degree of risk affects business opportunities and guides collection efforts to find new clients, prioritize more dangerous credit and increase sales to less dangerous clients. Automate reminder processes using personalised workflows. Smart activity planner: emails and phone calls, visits. Automatic linking of reminders sent, and replies received. Track payments by risk category, business channel, and client segment. Actions that have not been completed. Reminder/collection efforts are effective. Overdue/turnover ratio. Probability of default for the subject and the industry. Trend analysis reveals the internal credit line.

IRIS workflow addresses the global challenge of active counterparty risk management. It includes trade data acquisition, trade re-booking, consistent pricing, comprehensive aggregation module and hedge requirement computation. IRIS is a distributed parallel application that allows efficient use of multi-core systems. A HPC solution that uses GPU and Multicore processors can also be used to accelerate pricing and Greeks calculation. It is a key design goal to be able to integrate IRIS engines into complex systems. The.NET framework is interoperable and integrates with other languages. IRIS fully supports FpML as well as market data providers such Bloomberg, Markit, and Reuters. This ensures seamless data stream integration. IRIS internal data is fully accessible, making computation details auditable.

DocFinance is now a Fintech HUB that can provide its customers with all the benefits of full integration between technological services and our company's treasury management software and commercial credit management software. It is a software application that automates the collection process and commercial credit risk management. It integrates with the main Business Information providers and includes a company rating engine that allows for you to get to know your customers. It is a software application that allows advanced management of company treasury and includes Corporate Banking services. Its completeness is characterized by the integration of Remote Banking services and the company information system. The AFEXDirect platform has a single, consolidated and intuitive interface that is easy to use. It is also flexible and safe. The platform is available to customers 24 hours a days, 7 days a săptămână. Changes are made in real-time.