Automating the Loan Workout Process for a National Bank

National Bank Seeks Robust Loan Workout Tracking Solution

As part of a large, complex lending program, a national bank required a hardened solution to provide a high degree of tracking and visibility into the loan workout advisory process over a multi-year engagement.

Our Impact

  • FTI Consulting’s solution interfaces directly with Credit Administrator systems, the bank, FTI Consulting, and the third-party advisors and lenders, automatically initiating workout advisory processes and greatly simplifying the collection of data.
  • FTI Consulting’s solution created automated task assignments streamline the workout process, significantly reducing delays.
  • The solution tracks document versions and provides robust audit logging of all activity to meet stringent audit requirements.

Our Role

  • FTI Consulting leveraged an existing FTI Workflow Platform to act as the backbone upon which the workout advisory processes run.
  • Custom workflows were designed to match the precise process flows required for workout advisory.
  • An integration was developed to automate data transfer from the Credit Administrator system to the FTI Platform.
  • In-app communications were configured to ensure all workout activity and communication are tracked for audit purposes.

Published

May 07, 2024

temp Key Contacts

Daniel R. Witinok

Senior Managing Director

Jeff Bockus

Managing Director

David Holland

Managing Director

Tong Liu

Senior Director

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