Software Mind Risk Management has received a Banking Newspaper recommendation in the third edition of the "Financial Institution Hit of the Year 2010" in the IT Solution category. The system automatically monitors the loan portfolio of the bank and detects and informs about new unfavourable situations increasing the credit risk.

The System’s key tasks include:

• monitoring client’s data after taking loan or other products by credit nature. After defining rules and conditions, system automatically – on the basis of data analysis – makes decision about the start-up of business processes that explain situations which have influence on credit risk,
• automation of business processes. These processes start-up, when events having influence on increase of credit risk occurrence (outstanding installment of credit, decrease of the value of security etc.),
• supervising of already ongoing processes, workflow reporting, automatic notification of established persons, when process is not being implemented by target units,
• communication with clients through reminders generation,
• qualitative and quantitative reporting from a perspective of a client, product and ongoing explanatory processes.