The digitisation of banking services means customers’ expectations are changing and banks must respond by leveraging technology, data and advanced analytics. The cost of risk management has continued to rise and has had a significant impact on a bank’s return on equity. We are working with our clients to help them meet this step-change and seize competitive advantage.
Our Global Services Group is responsible for the development and support of Parker Fitzgerald’s ‘pay-per-click’ cloud-based risk utilities which reduce the cost of operational processes without compromising effectiveness.
SmartAVM is the first of a series of cloud-based utilities designed by PFG to automate key parts of the credit risk decision process. It uses advanced analytics to assess valuations and makes a recommendation with accompanying justifications.
See our PFG Digital Microsite for more information.