AI for Credit Origination, Approvals, and Risk Monitoring
C3 AI Smart Lending
C3 AI Smart Lending enables financial institutions to streamline their credit origination process and mitigate borrower risks. The application uses interpretable, auditable, and traceable artificial intelligence to assess likelihood of approval and predict emerging financial distress based on a comprehensive view of a bank’s data. With C3 AI Smart Lending financial institutions can accelerate time to decision, reduce cost of manual reviews, and drive consistency across risk teams.
Demonstrated Benefits
30%
Average reduction in time required to accurately qualify and approve credit for a prospect
$100M+
Annual value derived from increases in application volume and loan acceptance yield
98%
Precision of AI-generated recommendations to approve loans
Optimize front and back office credit operations
Issues
C3 AI Smart Lending Solution
Inefficient and lengthy process to structure approvable credit offerings
Enable rapid credit origination with AI that mitigates risks with effective terms, conditions, and covenants
Slow decision-making process for routine credit applications
Leverage AI to automate and accelerate simple credit decisions
Intermittent credit reviews can miss many default risks
Detect risks as they emerge using machine learning based on payments, adverse news, and other relevant data
Infrequent client touchpoints lead to missed lending opportunities
Leverage AI to identify and proactively address high-value up-sell and cross-sell opportunities in your client portfolio
Time-consuming manual aggregation of client credit information
Rapidly aggregate and view all relevant data from a single pane of glass
Succesful Deployments
Rethinking Commercial Credit with AI
One of the largest banks in Asia reduced average cycle time by 30% for its commercial lending process.
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