Credit Management Outsourcing
We have all the necessary storage infrastructure, technology, experience, methodology, data and human capital to fully support an effective corporate credit practice for B2C and B2B trade receivables operation. In many cases this is proved to be time and cost effective for all organizations that prefer to obtain accountability to a reputable external vendor as WEMETRIX and INTRASOFT International than to risk time and funds in building an in-house department.
Servicers’ Procedures Outsourcing
We are offering a 360 service for Debt Buyers and Servicers both for the on-boarding and the on-going part of their business. Alongside, with our partners, we use our expertise as to cover Project Management for all establishing tasks, Data Storage, Core-Systems, Collection Platforms, IT hardware, GDPR, Regulatory Compliance, as well as Public Affairs related matters. WEMETRIX’s team of experts has a unique and in-depth knowledge of the Non-Preforming Loans industry.
IFRS 9 for Banks and Insurers
Through the use of our technology and the IFRS knowledge that our team has we can provide supporting services to banks and insurers that they are in the need of: Gap Analysis, Data Modeling, Data Workflow Management for Accounting Reconciliation. In WEMETRIX we are capable to use our professional services alongside with our solutions as to co-operate with management consultancy firms and auditors, as to ensure IFRS compliance of your organization.
All-types Loan Portfolios Valuation & Modeling
No matter the type of the underlying portfolio of assets our analytics team is capable in providing accurate evaluations as well as forecasting different types of metrics and KPI’s levels. Those services address indicatively the challenges of Capital Adequacy Calculation, Assets Quality Review, Reporting and banks’ Compliance to Basel Accordance, ECB, EBA, and Central Bank regulatory framework. Our services are provided by the use of powerful integration tools that collects and analyzes large volume of data from various sources within the bank’s operations in order to form the appropriate reports. It also provides easy to build simulation and scenario modules. Furthermore, our services use a solution of a closed-form Credit VaR (Value-at-Risk) model. It supports estimation of credit portfolios’ full loss distributions, and consequent calculation of expected loss, Value-at-Risk and economic capital under arbitrary probability levels. It is an excellent tool for banks to determine the adequacy of the allocated regulatory capital (Basel III – Pillar 2), to estimate concentration risks as well as to perform stress tests under multiple scenarios. It can also be used by corporates for evaluating their credit concentration risks.