Data processing system supporting decisions to accept or reject applications for financial accommodation

摘要

A data processing system is disclosed to enable an entity to use a range of decision-rules to evaluate in real time or on a batch basis applications from consumers to enter into financial arrangements with a financing entity for financial accommodation in which an asset is used as collateral, with an ultimate objective of the entity accepting or rejecting those applications. The system includes: at least one data input terminal in which is input data relating to both the consumer and the financial accommodation applied for, a data processing means connected with the or each of the input terminals, and a data storage means connected with the data processing means and containing both initial portfolio data relating to the applications accepted to date which collectively characterise a financial portfolio of the financing entity, and desiderata data relating to desired characteristics of the portfolio. Prior to acceptance or rejection of an application the data processing means amalgamates the input data and the portfolio data to produce a modified portfolio data representative of the portfolio as if the application were accepted and compares the modified portfolio data with the desiderata data and signals acceptance of the application only if the difference between the desiderata data and the modified portfolio data is less than the difference between the desiderata data and the initial portfolio data.