Banorte is in the process of certifying its own reserve and capital models with local regulators (CNBV). To do this, we already have a controlled analytical infrastructure that allows the development, execution and monitoring of these models, in accordance with regulatory requirements.
In light of the challenges posed by the 20-20 program, Banorte is redesigning its massive credit approval process, both for Consumer and SMEs, with the objective of fine-tuning its risk assessment while providing the system with functionalities that deliver an agile and personalized response to the client. The redesign includes the introduction of multi-product sale, through a simulator, where the customer can configure his/her product package, the base growth for cross-selling campaigns, and a scheme of personalized rates, among other advantages.
Banorte has strengthened its calculation engine for its portfolio risk indicators, which will enable a more accurate segmentation of its clients, the calculation of personalized interest rates, and the design of strategies based on a better risk-return combination.
As part of the improvements to the Bank's control infrastructure, Banorte will soon launch the new system for credit line and internal and regulatory limits management. This system will provide information of a client’s total exposure, which will be used for periodical reviews, new line approval, and on-line monitoring of all provisions from Wholesale Banking.
