Nationwide, the world’s largest building society, grows loan portfolio and profitability

Document created by Makenna.Brei Advocate on Oct 16, 2017Last modified by Makenna.Brei Advocate on Oct 16, 2017
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Nationwide Building Society overcame limitations of legacy risk system and single-supplier credit reporting to make better informed decisions, drive loan volume and respond more quickly to market movements. By building a new Strategic Risk Infrastructure around FICO® Blaze Advisor® business rules management system. Nationwide achieved:

  • Millions of pounds in additional loans issued and projected
  • Significant savings on IT resources and credit bureau costs
  • Faster sales cycle
  • Faster deployment of pricing changes from ten days to one

 

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