In a bank-based economy, sound health of the banking system is an imperative for efficient financial intermediation in the context of overall development and financial stability. The Indian banking system, has suffered growing impairment of asset quality, in the post-economic crisis period
Non-performing assets are key concerns for banking assets in India, and is the best indicator for health of the banking Industry.
To better manage high NPA / stress asset situation, banks require comprehensive Early Warning Framework which will help identify problem loans early enough by using predefined triggers covering structured and unstructured data sources much before an account turns into SMA-0 (Special Mentioned Accounts – 0)
Mphasis is excited to bring market comprehensive Credit – Risk solution called Early Warning System to Reduce NPA.
The EWS solution is aligned to RBI guidelines on SMA (Special Mention Accounts) reporting covering Identification, Reporting, Preparation and Action (JLF and CAP planning). EWS solution has trigger library covering 150+ triggers covering 360 degree view of customer (Financial benchmark, customer behavior, account service, compliance check, project finance, stock and Book debt analysis) covering structured data ( from CBS, Data-warehouse, Loan system) & Unstructured Data (Internet, Social networking sites, news feeds, Field officer inspection reports).