CRIF Foundation Framework is a Digital Process Automation Platform allowing you to build highly configurable solutions through low-code means.
Thanks to the CRIF Foundation Framework, you have full control of the entire business process. Users do not need strong technical skills, but still have access to a wide range of features with a friendly and intuitive user interface.
Benefits for credit institutions
With the CRIF Foundation Framework, credit institutions can achieve significant benefits, such as:
• complete business process automation;
• real-time response to all people involved in the process (customers, internal resources, partners);
• targeted assignment of activities directly to the operator, or to the system that will complete the next phase, including third parties or external partners;
• cost reduction and better allocation of resources;
• rapid adaptation of processes to market needs;
• differentiated management of products and business strategies;
• constant control of business processes through the use of targeted tools (escalation, timeout and notification) in addition to the use of the Web Front End component features (online work list, research and monitoring);
• ability to integrate the business process, from start to finish, with the institution’s own systems and those of partners;
• ability to automatically generate process documentation;
• possibility of automatically generating case documents starting from customized templates;
• ability to integrate external systems using the OmniChannel APIs, native to the framework.
Intelligent Automation Platform
CRIF Foundation Framework natively includes integration with the decision engine, thereby simplifying the implementation of business processes.
The product modular architecture allows you to accelerate the implementation of end-to-end solutions, reducing time-to-market, and helping you take advantage of the framework's features to reduce errors and minimize manual data input.
The adoption of the CRIF Foundation Framework reduces the time-to-market in the creation of credit processes by means of native and ready-to-use tools.
CRIF has acquired solid experience in the implementation of credit origination processes accumulated over the last 20 years by leveraging CRIF's services and integrated solutions.
The integration of decision support systems, the possibility of communicating with the information systems of the Institute and / or third parties and the targeted assignment of practices to the different types of users make CRIF Foundation Framework the ideal tool for evaluating customer credit applications quickly and accurately.
Thanks to its Connector Framework level, the CRIF Foundation Framework , permits you to create flexible and integrated processes with the bank's legacy systems, back offices, and external data sources of the bank.
An extremely configurable solution
CRIF Foundation Framework includes a Designer application that allows you to design and configure the business process, data mapping, and integrations with external systems with graphic tools (Drag & Drop).
The tool also offers tools for debugging the process and an entire section dedicated to the management of Test Cases with the ability to generate automatically reports, including the results of the tests.
Digital Lending Solution
CRIF Foundation Framework allows access to a library of shelf functions, based on experience gained over the years, which enables you to build a pleasant and effective Digital Landing extended to direct channels such as internet banking, mobile app, and public web site of the customer.
With the CRIF Foundation Framework, you can build end-to-end credit process by combining modular elements that allow high configurability and customization.
New technologies permit easy navigation on the different channels to ensure centralized orchestration from customer engagement to loan disbursement.
With a microservices architecture, CRIF Foundation Framework uses the most modern containerization technologies. In this way, you can build highly modular and scalable DevOp-oriented solutions.
Ensuring business continuity for the BlueStep origination process
In order to support its growth, BlueStep needed to continue to rely on a strong origination system for unsecured loans. What’s more, BlueStep’s plans also included the implementation of an origination system for mortgages.
Austria Wirtschaftsservice Gesellschaft GmbH (AWS)
Risk and revenue in one system
In contrast to a commercial bank which focuses its attention mainly on historical information when granting loans, AWS, as a development bank, looks primarily at the future, weighting soft facts much higher than historical hard facts.
Findomestic Banca, BNP Paribas Group
Findomestic: optimization of the dealer assessment processes
Findomestic took on a new challenge in the world of business credit with the aim of expanding into the business sector, starting with car dealerships.
Uralsib Bank doubles its application volumes and reduces its overdue loans
The client is Uralsib, a major Russian financial group formed through the merger of 6 regional banks of varying sizes and business specialties.
Transforming compliance into a value-add for both customers and the bank
A CRIF Credit Management Platform customer, driven by local and European Union compliance and regulatory mandates, embarks on a significant overhaul of its credit risk management processes, both customer facing and in back office.
How Gjensidige Bank achieved innovative, digital customer onboarding
"The success of the implementation of a new credit system in the bank is dependent not only on first class systems and technology, like CreditFlow and StrategyOne, but also on the people involved in the project and their competence and commitment."
OpenSky, a business line of Capital Bank
Capital Bank’s OpenSky puts CRIF’s CreditFlow & StrategyOne to the test
All lenders have a process to determine the creditworthiness of borrowers, but not all have an efficient and effective way to do so. CRIF's technology helps lenders maintain growth and agility while managing risk.
International financial group
Integrated and scalable solution to standardize decision engines
Following a corporate merger, it became essential for the client to standardize its information systems in order to take advantage of business synergies and to have unambiguous views on a customer level. The chosen solution was to re-engineer the Decision Engine.
K&H Bank in Hungary
This KBC group bank relied on a best practice model and solution to overhaul its business loan origination
Needing to improve our customer value propostion for small and medium sized business loan origination, we adopted a 360 degree approach with a solid foundation from an organizational, credit management and technology perspective and focused on defining the best process design and credit workflow to meet our needs.
SME assessment platform: qualitative assessments, financial assessments, and scoring
The Small and Medium Enterprises General Authority (“Monsha’at”) is the first dedicated authority in Saudi Arabia tasked with the support and development of the SME sector.
Transformation of the credit culture: the Enel experience
Following deregulation and privatization and increasingly rigid restrictions on regulated markets, Enel needed to build a new credit governance model, appropriate to the size and complexity of the company.
Hera Group: A state-of-the-art credit governance model for businesses
How multi utility Hera improved its credit KPIs and cost control from customer onboarding through collection.