Techcombank Selects Integro's Collateral and Limits Management System (CLIMS) to Improve Its Credit Processing & Risk Management Activities

HANOI, VIETNAM--(Marketwired - Sep 18, 2014) - Integro Technologies is proud to announce that Vietnam's leading bank, Techcombank, has chosen its SmartLender Collateral and Limits Management System (CLIMS) to strengthen their credit processing and risk management activities and to improve its customer services. Integro was selected over other multinational competitors for this effort based on SmartLender's best-in-class functionality set as well as Integro's proven ability to ensure successful implementation of their CLIMS platform.

CLIMS includes 2 modules, the first of which, the collateral management module, helps manage collateral from end-to-end and provides features spanning collateral management, loan balancing, lookup, and early warning. This system will enable the storage of collateral across the entire bank, and will provide information for other related systems. The credit risk management module helps manage customer relationships and related customer groups. It also configures and manages credit risk limits for individual customers, for groups by different industries, and by multi-dimensions.

Deployment of the CLIMS platform will create a solid foundation for all of Techcombank's credit risk activities, enabling increased efficiency and quality of loan processing, enhanced risk management, and improved overall customer service operations. Other benefits of the solution are expected to include increased labor productivity, reduced credit processing costs, effectively managed operational and credit risk, and improved transparency and security of Techcombank's systems.

Commenting on Techcombank's selection of SmartLender CLIMS, Mr Hung, Chief of Operations and IT of Techcombank remarked, "This is an important initiative for Techcombank. It shows Techcombank's increased commitment towards strengthening our risk management processes while helping Techcombank establish a solid risk-reward balance. We are looking forward to a close partnership with Integro to deploy SmartLender CLIMS and to help us achieve our business objectives."

Commenting on Techcombank's selection of SmartLender CLIMS, Shekhar Mullatti, President of Aurionpro's Asia-Pacific region, remarked, "We are extremely pleased that Techcombank has selected Aurionpro's industry-leading Collateral and Limits Management System (CLIMS) to drive their collateral processing and risk management operations. We are looking forward to a close partnership with Techcombank to deploy SmartLender CLIMS and to help them achieve their business objectives."