Case Study: LBBW achieves automated, auditable credit decisioning and reduced underwriting times with ACTICO Credit Decision Platform

LBBW - Customer Case Study

LBBW, one of Germany’s largest banks with a EUR 257 bn balance sheet and around 10,000 employees, needed to modernize and speed up credit origination for new and existing retail and corporate customers. The bank sought an automated decision engine that could enforce bank-specific policy and workflow rules, integrate with end-to-end origination systems and core banking, and deliver auditable, centralized management of credit decision rules; they selected ACTICO and its Credit Decision Platform for this purpose.

ACTICO implemented the ACTICO Credit Decision Platform, configuring bank-specific policy and workflow rule sets and integrating the platform with LBBW’s origination and core banking systems. As a result, ACTICO’s solution automated credit decisioning workflows, reduced credit underwriting times and costs, increased flexibility and agility for rule configuration, and provided fully auditable documentation and centralized rule management.

LBBW

Tamara Weiss

Director Credit Risk Control and Processes