Methods and systems for managing credit
First Claim
1. A computer-implemented method for a credit grantor to manage a credit of a credit requestor, comprising the steps of:
- upon the occurrence of an event;
assigning a Credit Classification to the credit requestor, the Credit Classification being related to a credit risk of the credit requestor;
determining a Type of Review to carry out for the credit requestor based upon a nature of the event;
providing a plurality of checklists of data items required to be collected, the data items of each provided checklist being determined at least by a combination of the assigned Credit Classification and the determined Type of Review;
storing the plurality of checklists of data items to be collected;
selecting, using a computer, one of the stored plurality checklists of data items based upon the combination of the assigned Credit Classification and the determined Type of Review;
creating or updating a case folder for the requestor, the case folder including the selected checklist of data items to be collected;
collecting each required data item of the selected checklist and storing each collected data item in the case folder;
analyzing the collected data items in the case folder according to a score sheet and a workflow, the score sheet being determined at least by the combination of the assigned Credit Classification and determined Type of Review and calculating a credit score for the credit requestor, andgenerating a recommended action based upon the calculated credit score.
3 Assignments
0 Petitions
Accused Products
Abstract
Disclosed herein are methods and systems for a credit grantor to manage a credit of a credit requestor. The method may include steps of, upon the occurrence of an event: assigning a Credit Classification to the credit requestor, the Credit Classification being related to the credit risk of the credit requestor and determining the Type of Review to carry out for the credit requestor based upon a nature of the event. A checklists of data items required to be collected may then be selected or assembled, the data items of the checklist being determined at least by a combination of the assigned Credit Classification and the determined Type of Review. A case folder for the requestor may then be created or updated, the case folder including the selected checklist of data items to be collected. A value for each required data item of the selected checklist may then be collected and stored in the case folder. The collected data items in the case folder may then be analyzed according to a score sheet and a workflow, the score sheet being determined at least by the combination of the assigned Credit Classification and determined Type of Review. A credit score for the credit requestor may the be calculated, and a recommended action generated (and optionally implemented) based upon the calculated credit score.
135 Citations
81 Claims
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1. A computer-implemented method for a credit grantor to manage a credit of a credit requestor, comprising the steps of:
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upon the occurrence of an event; assigning a Credit Classification to the credit requestor, the Credit Classification being related to a credit risk of the credit requestor; determining a Type of Review to carry out for the credit requestor based upon a nature of the event; providing a plurality of checklists of data items required to be collected, the data items of each provided checklist being determined at least by a combination of the assigned Credit Classification and the determined Type of Review; storing the plurality of checklists of data items to be collected; selecting, using a computer, one of the stored plurality checklists of data items based upon the combination of the assigned Credit Classification and the determined Type of Review; creating or updating a case folder for the requestor, the case folder including the selected checklist of data items to be collected; collecting each required data item of the selected checklist and storing each collected data item in the case folder; analyzing the collected data items in the case folder according to a score sheet and a workflow, the score sheet being determined at least by the combination of the assigned Credit Classification and determined Type of Review and calculating a credit score for the credit requestor, and generating a recommended action based upon the calculated credit score. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27)
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28. A system for a credit grantor to manage a credit of a credit requestor, comprising:
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at least one processor; at least one data storage device; a plurality of processes spawned by the at least one processor, the processes including processing logic for; upon the occurrence of an event; assigning a Credit Classification to the credit requestor, the Credit Classification being related to a credit risk of the credit requestor; determining a Type of Review to carry out for the credit requestor based upon a nature of the event; providing a plurality of checklists of data items required to be collected, the data items of each provided checklist being determined at least by a combination of the assigned Credit Classification and the determined Type of Review; storing the plurality of checklists of data items to be collected; selecting one of the stored plurality checklists of data items based upon the combination of the assigned Credit Classification and the determined Type of Review; creating or updating a case folder for the requestor, the case folder including the selected checklist of data items to be collected; collecting each required data item of the selected checklist and storing each collected data item in the case folder; analyzing the collected data items in the case folder according to a score sheet, the score sheet being determined at least by the combination of the assigned Credit Classification and determined Type of Review and calculating a credit score for the credit requestor, and generating a recommended action based upon the calculated credit score. - View Dependent Claims (29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 81)
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55. A machine-readable medium having data stored thereon representing sequences of instructions which, when executed by a computing device, causes the computing device to enable a credit grantor to manage a credit of a credit requestor, the sequences of instructions being configured to carry out the steps of:
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upon the occurrence of an event; assigning a Credit Classification to the credit requestor, the Credit Classification being related to a credit risk of the credit requestor; determining a Type of Review to carry out for the credit requestor based upon a nature of the event; providing a plurality of checklists of data items required to be collected, the data items of each provided checklist being determined at least by a combination of the assigned Credit Classification and the determined Type of Review; storing the plurality of checklists of data items to be collected; selecting one of the stored plurality checklists of data items based upon the combination of the assigned Credit Classification and the determined Type of Review; creating or updating a case folder for the requestor, the case folder including the selected checklist of data items to be collected; collecting each required data item of the selected checklist and storing each collected data item in the case folder; analyzing the collected data items in the case folder according to a score sheet, the score sheet being determined at least by the combination of the assigned Credit Classification and determined Type of Review and calculating a credit score for the credit requestor, and generating a recommended action based upon the calculated credit score. - View Dependent Claims (56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80)
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Specification