Integration with Existing Systems

Credit application processes require integration with multiple internal and external systems. This involves both input data (e.g., customer master data, financials, credit reporting information, etc.) and delivery of result data. The following figure depicts typical systems that are involved.

In addition to integration with third party systems in the credit application process, the Credit Management Platform can be called and integrated through an inbound interface (Remote API). Such a call can be synchronous (using a web service, for instance) or asynchronous (such as JMS). Credit applications can be submitted by any system to the Credit Management Platform. The interface makes the following functionalities available, among others:

• Creating credit applications
• Data transfer (for instance, credit application data)
• Calling the process model that controls the overall credit process:
• Calling credit decisioning logic (including external service calls)
• Generating work items (for work lists)
• Data persistence
• State transitions
• Etc.
• Data return delivery (such as scores/rates/credit decisions)