Low-code Decision processes/ Workflows

Business Context Underwriting is the process of assessing risk for potential borrowers, guarantors, and pledgers using a combination of external sources (such as credit bureaus) and internal sources (like application data).

Configuration The underwriting process involves:

• Data Usage and Retrieval: Defining methods to access and use data. Some data, like credit scores, are used directly, while others require transformations, such as calculating expense ratios over certain periods.

• Feature Set Management: Developing evaluation algorithms for participants or collateral and establishing business logic and processes around these algorithms.