Title :
Computer supported determination of bank credit conditions
Author :
Schwarze, Stephan ; Lechner, Matthias ; Jensen, Michael
Author_Institution :
Inst. of Ind. Eng. & Manage., Swiss Federal Inst. of Technol., Zurich, Switzerland
Abstract :
In recent years, service companies have received similar problems to industrial companies. An example is the process of credit allocation in a bank. This process is not supported sufficiently through information systems. Thus, the “lead time” for credit allocation is too long which causes high costs. An approach to improving the process of credit allocation is described. The focus lies on tightening the range of individual credit types with the help of standardized treatment and on the management of vague knowledge in the process of credit allocation. Solutions which have been developed in a project with a German bank are suggested for both aspects
Keywords :
bank data processing; fuzzy logic; fuzzy set theory; knowledge based systems; resource allocation; German bank; bank credit conditions; computer supported determination; credit allocation; individual credit types; industrial companies; lead time; service companies; standardized treatment; vague knowledge management; Companies; Concrete; Costs; Crisis management; Engineering management; Industrial engineering; Information technology; Knowledge management; Management information systems; Technology management;
Conference_Titel :
Computational Intelligence for Financial Engineering, 1996., Proceedings of the IEEE/IAFE 1996 Conference on
Conference_Location :
New York City, NY
Print_ISBN :
0-7803-3236-9
DOI :
10.1109/CIFER.1996.501828
