In today’s banking industry, risk management and risk-taking are unimaginable without the right tools. Euphoria is a software solution that provides comprehensive rating of legal entities, both individually and on a large scale, within the credit portfolio. This software enables efficient processing of credit applications and the creation of credit proposals in record time, with a high level of automation and objectivity.
Banks use a dynamic model that adapts to their specific needs, providing tailored results for each institution. No two banks use the same model, making this tool flexible and customizable for every user. Euphoria provides banks with a solid defense for credit classification according to central bank requirements, offering numerous advantages over existing systems.
The software excels in processing credit requests, relying on company balance sheets and financial statements. Our concept is developed on a foundation of numerous theoretical and practical modeling principles, allowing us to fully integrate the goals and needs of each bank.
Moreover, this model offers new perspectives on measuring credit risk with minimal validation requirements from the risk management function. The integration of Euphoria does not create operational risks for the existing risk management system or internal controls, but rather lays the groundwork for their further development.