Supporting the digital transformation and decisioning of B2B financial institutions
Make better credit underwriting decisions through Open Finance technology, expert analytics, and strategic partnerships.
Aryza Monitor provides an out-of-the-box Open Finance report that can be used for the ongoing assessment of customer status. Our system seamlessly bundles key data sets including transactional and creditor/book debt ledger data to reduce time and effort spent by any financial professionals and their staff in gathering this information.
Aryza Monitor enables underwriters to carry out a financial health check on the company at the start of the assignment and improve underwriting efficiency by providing accurate insights to improve the quality of credit decisioning.
This Aryza solution is aimed to help credit underwriters in the following areas:
- Automating on-boarding processes and customer journeys
- Providing a holistic view of SMEs key financial information within one application
- Enabling underwriters to make quicker and more informed credit decisions
- Reducing fraud cases and monitor credit lines.
Simple monitoring and management of your corporate customers
Transformation of the lending process
One source of information
Easily apply to an existing book
Customer Company Information page
Single customer view
Financial health tab
Complete financial statement
Summary per Bank Account
Monthly Cashflow summary
“At Shawbrook we value real-time data and the role it plays in unlocking SME lending. When selecting our partner for Open Banking and accounting Aryza were our number one choice. Aryza took the time to understand our business and deliver a digital solution that not only allows us to understand our customers’ financial wellbeing but also allows us to be more efficient and deliver a market leading service.”
Using the banks’ Open Banking APIs and using Aryza’s proprietary algorithms, real-time transactional data is provided to the end users displaying the company’s operational cashflow, running balance and cash volatility over a set period. It provides details of the company’s trading history, recurring payments, and its top performing customers and vendors.
This information helps the underwriters to review the current and historic cashflow of an SME, spot any historic cash gaps, estimate and prepare future cashflow forecasts and offer appropriate loan rates based on real-time information.
Another key function is the ability to use a search option with specific parameters to review the bank statements and transactions to look for unusual and/or large transactions, that may indicate antecedent or fraudulent transactions which will improve efficiency and potential asset recovery as part of director conduct investigations.
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