Amplyfi and our unique set of insight tools have been referenced as a key reason to NatWest’s winning of Risk.net‘s credit portfolio of the year award.
Developed in conjunction with NatWest, our solution allows relationship managers to draw on a wealth of unstructured information from the deep web, providing them with unique intelligence on sectoral risks, trends and opportunities. More than 600 people within the business regularly use it.
“The most refreshing thing is the fact we now have a pre-emptive rather than a reactive approach to portfolio management,” – Benedetto Fiorillo, Head of Portfolio Risk Mitigation at NatWest.
Mike Slevin, head of capital management, commercial and private banking at NatWest, hopes it would not just be of use to NatWest’s lenders and portfolio managers, but also to customers. “Obviously, this type of information can be very helpful in terms of how we mitigate risk in the portfolio. What’s not so obvious is how we can use this type of analysis and information to help our customers too. That’s something we’re currently in the process of defining, as we think it could prove very beneficial to them and how they think about managing their own risks,” he says.
Originally by Risk.net, read the full article here.