While there is continued reticence toward utilizing analytics during loan pricing negotiations, a data analytics strategy could be just the thing necessary to price loans consistently and accurately.
Let’s take a look at some key traits that cybersecurity professionals must have that can translate well to an effective risk-based pricing strategy.
How do banks marry diligence with quick pricing, while at the same time ensuring they’re still holding capital at the end of the day?
In order to become truly mobile and take advantage of all the business benefits that come with that distinction, there are several steps that financial services organizations must take.