Revolutionizing the credit memo: The GenAI advantage

Annually, financial institutions generate thousands of credit memos, requiring lenders to invest significant time in collecting, analyzing, and compiling information for decision-making. This process is not only labor-intensive but also susceptible to data entry errors across different systems and varies in quality, often depending on the analyst's expertise. These inefficiencies slow down decision-making and negatively impact their client experience.

Moody’s has addressed this feedback by leveraging GenAI to streamline the credit memo process and improve their quality for better credit decisions. Join us to learn about the development of the Automated Credit Memo and see it in action.

Key takeaways:

• The powerful synergy of GenAI and human expertise in creating comprehensive credit memos quickly
• Client learnings from the testing period of the Automated Credit Memo
• A live demonstration of the Automated Credit Memo process

PRESENTERS:

Helen Tunstall
Lending Expert, Banking Segment
Moody’s

Pam Bickel
Solution Expert
Moody's