International Journal on Computer Science and Technology (IJCST)
Risk assessment has been one of the major areas of research in banking. The main purpose of assessing credit risk is to differentiate between a potentially default customer and non-default customer. In this paper, focuses on calculating risk assessment value by using genetic algorithm and ant colony optimization algorithm. The modelling of bank loan process that a banking organization follows is done by using BPEL (Business Process Execution Language). The outputs of this method are important for reusability purpose.