Loan defaults are predicted to reach 10% globally, as the impacts of Coronavirus spread through the economy. Planning how to handle these, including accessing government liquidity support, requires extensive data. This creates a serious challenge for institutions already grappling with a complex changing environment driven by events such as Libor reform and increased regulatory reporting requirements.
For all these challenges, documentation is the key. In this webinar, we’ll discuss how to combine a rapid response approach to non-performing loans, with these other hurdles, using an efficient, tech-driven method to cut through the documentation mountain without duplication of effort.
Join Keith Blizzard (Factor Financial Services Documentation Director), Bruce Young (Factor Financial Services Documentation Senior Manager) and Anthony Caldwell (Legal Knowledge Engineering Manager, Banking & Finance at Kira Systems) for an in-depth look at:
- How to analyze your loans in this unprecedented time
- Immediate and Long term benefits of contract data extraction
- Critical steps you should take in order to digitize your own processes
Register to download to hear how you can prepare your organization for success through these uncertain times.