Empirical Instalment Credit
Risk Managment (ECM)
ECM is a computerised credit risk management system designed for instalment credit lenders, to assist in measuring and managing portfolio credit risks, assisting thereafter in the strategic selection and pricing of new instalment credit business and in the ranking and management of collections.
Finalysis has completed consulting assignments for six leading banks. The methodology - and results - have been validated by bank auditors and, for tax purposes, also by the Irish Revenue. The product has been actuarially certified and academically recognized. Versions are, alternatively, available to run on a PC or on a computer mainframe. The product is currently in use by three major Irish lenders. (for more information see pdf on ECM).
