In today’s competitive environment, financial institutions in the business of lending to large corporates as well as small and medium scale enterprises need to continually balance credit growth and risk management. Improved risk analysis leading to appropriate pricing of each credit exposure is a key requirement for a profitable business. Basel II compliance and regulatory reporting are important for continuity of operations.

In this regard, CRx is a comprehensive multi-language, multi-currency capable and browser based credit risk analysis product. It offers a configurable framework for consistent and in-depth financial analysis, and allows users to formulate models for internal risk rating, enabling organizations to enjoy business benefits through speed and consistency. Application supports capital adequacy computation, both for standardized and advanced approach, for evolving regulatory needs.

It also has an early warning feature that analyzes client account behavior and helps in preventing losses from potential defaulters and reducing losses from actual defaulters thus ensuring profitability.

CRx draws upon the latest learning in the industry and technology, to provide an enterprise-wide credit risk management system. Its unmatched flexibility and user friendly features ensure rapid response to changing business needs and complete coverage of all customer segments, resulting in improved client relationships and higher profitability.