As part of Forward integrated system, the specific Middle Office solution is called Forward Risk.
It is a modular software that allows financial organizations to support the Credit Worthiness Evaluation process.
Its integrated and dedicated features are specifically designed to allow the financial organization to identify the potential and actual risks related to credit granting.
Thanks to BPM (Business Process Management) Logics, Forward Risk is able to propose the most suitable risk evaluation (thanks to manual, automatic or mixed workflows)  according to the considered specific case.
Forward Risk is a fully configurable and modular solution:

• Credit Application Evaluation: this is the core module, which includes all the features to allow Credit Analysts and Credit Officers to manage, organize and evaluate each credit request. The processing pipeline of each credit request is based on a configurable workflow, to ensure that the proper checks are performed by the credit personnel depending on the specific characteristics of the credit application and on the type of applicant. Specific functions help the credit personnel to track, aggregate and evaluate in an organic manner all the information required for the credit worthiness evaluation.:
  • third party credit analysis:: this function represents the key feature and ensure that all the different aspects related to credit risk are taken into account for credit worthiness evaluation, by means of evaluation of new or existing applicants/customers. Data managed within the third party credit analysis are the following:
    • overall outstanding risk amount deriving from existing positions with the company or the group the financial company belongs
    • risk relevant relations between the applicant and other specific risk group/aggregations to which the applicant belongs
    • credit lines already available for the applicant
    • risk informations coming from external credit bureaus (acquired thanks to the Credit Gateway module)
    • risk related to the shareholders
    • financial information (balance sheets) which can be automatically collected from external data providers (by use of the Credit Gateway module)
    • legal or relevant documents related to the applicant, which are collected and stored in Forward Risk via the optional module named EDM – electronic document management
  • credit line management: this feature allows to define lines of credit to be granted to applicants or customers; each credit line can be defined to be compatible with specific financial products or specific credit request types. If an existing Credit Line is available at the time a new Credit Application arrives, Forward Risk will recognize this situation, thus matching the Credit Application to the Credit Line, in order to streamline Credit Authorization process.
    • Credit Gateway: this module allows to collect automatically risk related information from Credit Bureaus/Information Providers and various external data sources. The Credit Gateway acts as a single unified technical interface in order to overcome the usual technical constraints and burden deriving from the integration of multiple different providers.
    • Scoring Engine: this module allows to design and implement different decision models based on one or more score-cards. The decision models can be fully managed and updated by the financial organization via an easy dedicated configuration tool
    • EDM – electronic document management: this module allows to collect, manage and organize with an “electronic folder” logic all the documents which are relevant for Credit Worthiness Evaluation. The electronic folder contains documents which are generally linked to the Credit Applicant and documents which are specific to a single Credit Application. Validity dates of documents is automatically managed: Forward Risk notifies the Credit Office personnel if a relevant document needs to be updated, upon expiration.