Independent Banker - July 2024 - 8

ADVERTORIAL
Turning Your Loan Data Into Insights
by David Littleton, Director, Data Analytics and
Product Management, IntelliCredit
N
ow's a good time to remember that " headlines don't
tell the whole story. "
To truly understand YOUR credit story, you must dig
deeper into your loan data to understand the " why " and
proactively uncover potential weaknesses in your portfolio.
Early detection means fewer losses.
Your loan portfolio data is your DNA.
Here's why you need to use it.
Always know where you are with your portfolio
and monitor trends.
Having a clear understanding of your bank's portfolio
is absolutely critical to building strategy. This includes
knowing where you've been and where you're
headed, monitoring trends, and comparing your bank
to the rest of the industry. Gaining better access,
analysis and management of your loan-level data is
key to peeling back the layers and transitioning from
the " what " to the " why. " Mastery of your portfolio
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Turn raw loan portfolio data into actionable
information.
Never lose sight of writing your own credit story for
regulators. By consistently analyzing your loan data,
you can anticipate questions from regulators and
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Easy loan-level analysis will keep you ahead of
stress markers, provide a view of risk migrations
between periods, let you see the distribution of risk
by concentration, help you track upcoming maturities,
and so on. This is how to shift from reactive to
proactive and write your own credit narrative.
Gain insights into portfolio segments/niches
and concentrations.
You must also monitor trends within niches or
concentrations unique to your institution or emerging
in the industry or region. Detailed analysis of your
loan data provides the ability to view your portfolio
from a 30,000-foot level, drill down to analyze by
subsegments, and go all the way to the loan level.
The insights you gain will help you identify and act on
weaknesses, mitigating risk at the earliest opportunity.
Easily report to the board and management.
Knowing the data and your story is one thing, but
conveying the information concisely and routinely to
your board and executive team is another. And as
your credit script evolves, so too must your reporting.
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It's important to have tools that simplify both data
analysis and reporting.
In summary...
Know your portfolio's DNA before regulators arrive.
Under increasing regulatory scrutiny, banks must be
proactive in monitoring weakening trends and emerging
hotspots, particularly within lending concentrations. Your
loan data can be a powerful tool that drives better insights,
processes and decisions. Put it to work for your bank!
David Littleton is director of data analytics and product management at
IntelliCredit™, a division of QwickRate®
and product onboarding.
www.intellicredit.com
, and a key contributor to client success
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Get a 6-month free trial of IntelliCredit's Portfolio Analyzer tool. We'll have you up and running
in days-and handle all of the data for you. Request at info.intellicredit.com/get-started
or info@intellicredit.com.

http://www.intellicredit.com http://info.intellicredit.com/get-started

Independent Banker - July 2024

Table of Contents for the Digital Edition of Independent Banker - July 2024