Zoot Enterprises to Discuss Risk Mitigation Strategies for Profitable Lending Decisions
WHO: Zoot Enterprises, TowerGroup Research Director of Consumer Lending Bobbie Britting and Fifth Third Bank Chief Consumer Credit Risk Officer Cheryl Feltgen will speak at the 2009 Cleveland Executive Forum, “Credit Risk for Lending Decisions: Calamity to Control.”
WHAT: Due to the drastic changes in consumers' financial behavior, it has become more difficult for financial institutions to predict consumer performance to make profitable lending decisions and to mitigate risk. Most lenders have been forced to tighten policy and decisioning parameters in response to the uncertainty.
However, many lenders recognize that pulling back on credit isn’t sustainable, and requires experimentation with different credit risk policy strategies. Leading lenders have the control to make small changes to attributes and scorecards to determine what is most predictive in the current environment. Even in a turbulent economic climate, institutions still have the opportunity to thrive.
Join Zoot Enterprises and guests, TowerGroup and Fifth Third Bank, for this exclusive event geared toward credit risk managers and other financial services industry executives and gain insight on:
- Trends in consumer behavior, new risk strategies and decisioning in this new environment;
- How gaining control of the approach to managing risk can increase the profitability of decisions; and
- Benefits and strategies of shortening the cycle of developing and deploying new credit risk policies and putting them in production easily and quickly.
WHEN: May 21 | Cleveland, Ohio | Cleveland Airport Marriot
Event is from 12 noon to 3 p.m.
Lunch will be served.
REGISTER: This is a complimentary, exclusive event with limited seating, so register today on the Zoot events Web page or call 406.556.7555 for more information.
About Zoot
Bozeman, Mont.-based Zoot Enterprises provides credit decisioning and loan origination solutions through a configurable, scalable and reliable platform to large and innovative U.S. financial services institutions. Visit http://www.zootweb.com or call 406.556.7555 for more information.
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