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Implementation
 The Covarity solution integrates into complementary systems, such as core banking and straight-through processing systems.
Delivered as a hosted service, the Covarity solution requires no capital investment in software or hardware infrastructure, and provides a predictable monthly expense. Covarity is implemented in a series of phases, led by our team of domain experts.
Stage one results in the delivery of core tracking, analysis and reporting capabilities, providing immediate productivity savings. Then the automated process is extended to your borrower community, enabling them to electronically upload their financial statements and other documents according to their individual loan agreements, further enhancing data quality, time savings and client satisfaction.
Once the process is entirely automated, further developments such as straight through processing (STP) integration, stress testing, predictive analytics, and other long term portfolio management enhancements are initiated. |
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