ABC C3 Early Warning & Monitoring System Put into Use
OREANDA-NEWS. July 31, 2012. Agricultural Bank of China Limited (ABC) launched the early warning & monitoring system of the credit management system group (C3) across the bank. It marks a new level of ABC's building of the credit electronic intelligence system, reported the press-centre of ABC.
As an important part of the subsequent functions of C3, C3 early warning & monitoring system features automatic risk identification through early warning models supplemented by artificial warning. Through the all-dimensional and whole-process monitoring of credit business, the risk of credit assets can be timely and accurately revealed and the risk handling process and results can be tracked in a real-time manner.
As a risk control tool,it covers a wide range of risk indicators to control credit extension and credit use of customers from specific regions and specific institutions. Moreover, it realizes the management of addition, maintenance and real-time monitoring of risk exit customers and customers in the monitoring list. Since the launch of C3 early warning & monitoring system this year, it has effectively enhanced the credit risk early warning level of ABC, and provided a strong technological support platform for online credit monitoring.
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