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Applying Six Sigma in Financial Services

Six Sigma – iSixSigma Forums Old Forums Finance Applying Six Sigma in Financial Services

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  • #24148

    Mauricio
    Participant

    I have been researching the web for information on projects related to Six Sigma application in the Financial Service Industry, more specifically in the Commercial Lending Process. Anyone out there who can help me out?  I am trying to start up a project to Improve the Credit Process in a Financial Institution, more specifically reduce the cicle time while minimizing the inherent risk of commercial lending.
    Thanks in advance for the help here…

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    #57810

    Luis Eduardo Broda
    Participant

    Mauricio;
    I think we can help each other. I’m working in a credit project in an industry too. Send me more details about your project…

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    #57811

    Rick Tucci
    Member

    The solution to theproblem you describe is typically driven more by human factors than technical ones. All financial institutuions use sophisticated credit scoring tools. However there is tremendous variance in the decision processes across instittuttions. Start by mapping the information flow and the decision process to find opportunities for both cycle time and risk reduction. 

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    #57812

    Mauricio
    Participant

    Thanks Rick.  Sorry for the late reply… I have been on the road

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Viewing 4 posts - 1 through 4 (of 4 total)

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