Early Warning for prudent financial professionals

What is Early Warning? Loxon’s early warning system is a risk monitoring application providing efficient support to your credit monitoring activity. The main goal of EWS is to identify possible threats in retail or non-retail credit portfolio (in early stage) and to support the Bank to take the necessary measures on time furthermore, it supports the managing of non-performing cases with built in automatic and manual workflows.

Features

• Collect all relevant data from your source systems for Early Warning calculation
• Support the controlled manual data (e.g. qualitative information) capture
• Schedule recurring events (customer visit and phone calls, manual control of watch-listed cases etc.)
• Provide you full-scale parameterization so that you can change the models and the qualitative questionnaires later on
• Calculate different types of signal values and determine signal flags
• Calculate Probability of Default with statistical prediction methods (scorecards)
• Send different levels of signals (warnings, alerts)
• Execute Root cause analysis, identify and display the possible root causes
• Assign customers to the appropriate risk classification buckets or customer segments
• Provide you the opportunity to overwrite the classification result manually in a controlled way
• Support monitoring review from customer
• Support the escalation process and the pre-workout phase Generate documents for decision making (Breach report, Classification proposal etc.)