About this white paper:
The new European Banking Authority (EBA) guidelines on loan origination and loan monitoring came into effect on June 30, 2021, for new loans. For existing loans the effective date is set at June 30, 2022.
These new guidelines represent a demanding set of regulations aimed at enhancing banks’ lending processes from underwriting to ongoing monitoring. Implementing these guidelines has significant implications for systems, data management and internal processes.
In this white paper, we demonstrate how intelligent document processing technology can transform large volumes of credit agreements into structured and usable data that can be used to meet the new EBA guidelines.