Fully automated with data validation and massaging features
Scheduler for automated creation of various Credit Bureau files
Automated processing of files received from the core banking system
Seamless integration of AECB Income data with all legacy systems
Options to send in periodic correction of credit data submission
Loosely coupled engine to accommodate the envisioned changes
In UAE, Al Etihad Credit Bureau (AECB), an entity established by the UAE's Ministry of Finance, mandatorily requires all banks, financial institutions, and other creditors to submit their credit information regularly.
In turn, the bureau offers these institutions credit scoring, credit reports, and other value-added services, allowing them to analyse creditworthiness quickly and correctly before granting any type of financial facility to its consumers.
CDSS Pro enables financial organisations to effortlessly collect information such as credit ratings of people and corporations from outdated applications. The whole credit data submission procedure is entirely automated, with minimal user intervention.