Banking

Luxoft Helps Risk Management Advisory (RMA) at Deutsche Bank Move in the Right Direction With COMPAS

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Executive Summary

The Risk Management Advisory (RMA) group at Deutsche Bank wanted to develop an innovative loan origination system. Their challenge is to develop and launch an enhanced web-based loan origination system that increases profitability of lending products for financial institutions around the world. COMPAS is the advanced web-based lending tool, designed by Deutsche Bank to significantly increase the profitability of the lending products of banks and financial institutions. The key benefits of COMPAS are quantified in several ways: Reduced average turnaround time of a credit, reduced number of man-hours spent on each new credit, reduced credit and operational losses facilitated by a strategic proactive risk management platform.

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