Finoco AI for Banks
Credit appraisal, monitoring and early warning for corporate and wholesale books.
Illustrative data
A corporate book is hard to watch between reviews
Appraisal, monitoring and early warning sit in different systems and different teams.
- 01
Appraisal is rebuilt for every proposal
Analysts spread the same statements and projections by hand each time a proposal or renewal comes in.
- 02
Covenants live in spreadsheets
Financial covenants and sanction conditions are tracked in files kept by individual relationship teams.
- 03
Early warnings arrive late
Signs of stress sit in borrower documents and public sources, and reach credit risk after the fact.
- 01
Ingest
Financial statements, stock statements, sanction terms and facility agreements.
- 02
Verify
Every extracted number carries a citation to the page it came from, so an analyst can check it.
- 03
Standardise
Financials spread into a standard template, borrower by borrower.
- 04
Analyse
Credit notes, covenant tests, certificate checks and early-warning signals.
Across the life of a facility
From proposal to repayment, each stage has a Finoco product that does the work.
- 01
Proposal
Build a first view of the borrower and its group from registry data and public sources.
- 02
Appraisal
Spread the financials, review the information pack and draft the credit note in your own template.
- 03
Sanction
Test the borrower’s projections against downside scenarios before the committee meets.
- 04
Monitoring
Test covenants on each new set of numbers and catch early-warning signs between reviews.
- 05
Repayment
Keep the full record of the facility through to the final repayment.
- 06
Governance
Every user action is recorded in an audit trail, and access to each fund and deal is set by role.
What bank credit teams do with Finoco
Borrower research
Form a view on the borrower from company registry data and public sources, exportable to Word or PDF.
Credit ResearchFinancial spreading
Spread audited and interim financials into a standard template, with every line cited.
AgentsCredit agreement review
Pull covenants, undertakings and deadlines out of facility agreements and sanction terms.
AgentsCovenant tests
Test DSCR, leverage and other covenants on each borrower’s latest numbers.
PortfolioCompliance certificate checks
Compare each compliance certificate with Finoco’s own calculation, figure by figure.
PortfolioEarly-warning signals
Scan borrower files for new borrowing, dividends, asset sales or a change of auditor.
Portfolio
Covenant headroom on every borrower in the book
Finoco tests each covenant on the borrower’s latest numbers, checks the compliance certificate against its own calculation, and flags borrowers that are near a limit.
- DSCR, leverage and other tests on the latest numbers
- Certificates checked against Finoco’s own calculation
- Every figure cited to its source page
Illustrative data
Asset classes banks work in with Finoco
The same platform covers each book, with the stages named the way that book names them.
Governed, private deployment
Finoco runs in your existing cloud environment, processes data in your region, never trains on it, and records every action.