Prometeia, the global leader in Risk Management consulting and software solutions, announced today the release of ECAPro 5.0, the new version of its Credit Origination platform.
The Electronic Credit Application is designed around a risk-centric view of the lending workflow management, customized according to the bank’s requirements and operational context. The platform supports the full cycle of the credit origination framework, covering all loan categories with a structured, transparent, flexible and efficient approach to analytical and operational needs.
The new release has completely revisited the technological backbone of the solution, which relies on a multi-entity and centralized architecture, designed to meet responsive application standards, according to the industry best practices.
The new ECAPro version supports the operational needs of multi-entity banking groups by allowing the customization of decisional trees and analytical functionalities for each bank of the group. Each entity can design its own processes, data collection, and system administrator tools, along with the origination workflow according to its specific organizational structure. The solution is highly customized at entity level and provides the appropriate controls at parent company level.
Finally, a new Workflow Design Tool has been embedded in the solution to ensure the most effective parameterization of the origination workflow through simple drag & drop utilities.
The new release also includes several technical and functional improvements:
ERMAS, Prometeia’s new generation of value-centric Risk solutions, is used by over 200 clients in more than 20 different countries to support their critical decisions and to comply with local and international regulatory requirements.
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