In a bold move aimed at reshaping risk management in the banking sector, Fintrak, an indigenous fintech solution provider, has engaged Banks with innovative solutions for modern payment infrastructures.
Navigating the complex web of financial instruments, banks globally, Nigeria included, grapple with the formidable challenge of credit risk. Recognising the urgent need for a robust risk management framework, Fintrak embarked on a mission to develop a comprehensive solution addressing the multifaceted nature of credit risk while aligning with the diverse operational needs of financial institutions.
At the heart of the endeavour lies the Credit Risk 360 Solution, a revolutionary platform designed to mitigate risks across various banking operations. Endowed with a suite of advanced features, Credit Risk 360 offers real-time portfolio monitoring, comprehensive reporting, and an adaptive technology driven by Artificial Intelligence (AI) that dynamically adjusts to evolving risk landscapes and regulatory demands.
Group managing director of Fintrak, Bimbo Abioye, elaborated on the platform’s capabilities, emphasising its multilingual support catering to African markets and streamlined collateral…
