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HDFC bank implements all new, powerful INTELLECT GUB - Credit
decisioning system from Polaris Software
…a powerful credit decision engine that enables effective customer targeting and credit risk
Chennai (India), August 20, 2009: Polaris Software, a leading Financial Technology
company, announced that HDFC Bank has implemented Polaris’s Enterprise Business
Rule Engine for its Retail Asset Lending Business comprising auto and personal loans.
This deployment will enable HDFC Bank to target customers better and manage credit
Polaris’s Intellect Business Rule Engine is a powerful credit decision engine that enables
Polaris’s customers to profile and segment customers for loan products and aids cross-
selling and up-selling of related asset products. Intellect Business Rule Engine is the
credit decision backbone that powers Global Universal Banking (GUB) - Intellect 10.0,
the most comprehensive banking platform built using the next-generation Service
Oriented Architecture (SOA) technology.
The system when coupled with Polaris’s Intellect Origination and application processing
solution, completely automates the process of filtering bad applications based on
configurable and flexible pre-qualification checks. This results in processing of more
applications and credit offers only to genuine customers.
As implemented at HDFC Bank at this stage, the system performs online application
scoring & policy evaluation. The next phase of solution implementation is focused on
computing behavioural scoring of retail loan applications in conjunction with the Bank’s
Data Warehousing system.
Munish Mittal, EVP & Head, Technology Solutions Group, HDFC Bank, said, “We
evaluated multiple international and domestic solutions for introducing scoring and rules
based Loan approval process and chose Polaris’s Intellect BRE solution on account of its
relatively lower start-up cost, easier integration capa