Just like color blindness, collateral blindness affects perception – in this case, the way that collateral is assessed, aggregated, valued and used. Collateral blindness causes considerable avoidable loss for banks every year. Most banks lack a data model that exposes collateral data in a way that reveals its every nuance and connection. Trouble is,anything less inevitably results in a superficial understanding of the broader loan...
Rockall enables banks to control their banking book collateral in order to achieve improved credit risk management, better loan enforceability, reduced capital requirements and operational efficiencies.
Many banks have no common key to knit collateral together across multiple, dispersed systems and jurisdictions. Rockall helps you to:
– Manage collateral-related operations from loan origination through the complete credit lifecycle
– Create and maintain quality collateral data to feed risk-related and regulatory reporting
– Ensure collateral is perfected and maintained from a filing, valuation and insurance perspective
– Monitor loan-to-value exposures in real-time
Our philosophy is to deliver a single, accurate source of collateral data integrity so that banks can make better business decisions – at account, line-of-business and enterprise level.