Onboarding Platform
Read the case studiesAcquiring a credit portfolio involves the IT migration of related data, which is extracted from source systems, transformed, and loaded into the target information system.
The onboarding process can be critical if activities are not adequately supported. In particular, Unlikely To Pay (UTP) and pre-deteriorated positions require greater data accuracy and speed.
A platform specialized in the NPL and UTP sector, which enables us to respond with quality, efficiency, and speed to the needs of operators, banks, and servicers in a complex market, where each portfolio may consist of multiple assignors, who often provide data that is difficult to interpret and requires costly enrichment activities. The value and strength of this platform are based on our deep expertise in data—from governance to business intelligence, all the way to data migration—integrated with RAD Informatica's solid know-how in the field of non-performing loans (NPLs).
This synergy leads to an innovative platform that did not exist in the market before, supporting the entire Credit ecosystem: banks, servicers, legal professionals, and the judiciary.
Our added value, beyond technology, lies in our ability to guide both the bank and the servicer throughout the entire process, interacting with both sides: the bank that sells and asks us to extract the data, and the servicer who acquires. Effectively managing these steps is essential to avoid complications in the months that follow: if the acquisition isn’t done well, if the data isn’t precise, or if accounting aspects connected to the process are not considered, the time to stabilize the portfolio becomes excessively long.
The need to centralize the management of non-performing loans led to the adoption of RAD Informatica’s EPC solution in 2018. This allowed the integration of portfolios from various banks onto a single platform, optimizing workflows and credit recovery. The onboarding model accelerated the acquisition and management of new portfolios.