The strength of the Application lies in its openness and flexibility. The Solution is capable of taking the input data necessary for the rating and scoring process from any existing systems of the bank and also from external data sources, while the final output generated as a result of the rating or scoring workflow can be used by any connected application.
For example: the data from the loan origination solution or individual parameter tables are evaluated, scored, aggregated and assessed by ApPello Decision Engine. XMLs arriving from the Loan Origination solution are managed by the Engine and the processed data is sent back by the same manner. Having regard to the frequent regulatory and environmental changes, in case of the expansion of the XML the system is able to handle the assigning new tags to the new variables with the help of configurable interface.
As a result of the evaluation of the application, the Enginiers are able to provide clear answers and information of further workflow steps (acceptance, rejection, manual review,mitigation strategy: surcharge, guarantor, cover) for the Loan Origination System thus reducing operational risk and improving efficiency.