BCT Digital joins mid-segment Private Bank to power credit monitoring

By Gloria Mathias

BCT Digital, a global regulatory technology company, has announced that a mid-segment private bank has selected its rt360 Early Warning System (EWS) to automate and strengthen the bank’s credit monitoring capabilities.

With rt360 EWS, the bank, with a century-old legacy, will be able to improve its credit monitoring capabilities through capabilities. These include regulatory and custom alerts, tailored scoring models for retail, agriculture, and MSME portfolios, and enhanced last-mile delivery mechanisms such as workflows, SMS/Email alerts, reports, and dashboards.

The platform will also provide a consolidated view of risks, helping the bank proactively address non-compliance issues and manage credit risk more effectively across its diverse portfolio. rt360 EWS monitors assets worth USD 300 billion, resulting in savings of $3 billion that would have otherwise led to NPAs.

Jaya Vaidhyanathan, CEO of BCT Digital, commented, “At BCT Digital, we believe that effective credit monitoring is at the heart of sound risk management, and we are proud to bring our rt360 EWS solution to one of India’s most respected banks. By providing customisable alerts, dynamic scoring models, and a consolidated view of risk, this collaboration will help the bank streamline its processes and respond swiftly to emerging risks. Our product equips financial institutions to navigate regulatory challenges with confidence while making data-driven decisions that drive long-term sustainability.”

BCT Digital, a global regulatory technology company, focuses on delivering FinTech, RegTech, and sustainTech solutions to international banking and financial markets and key industry sectors globally. The core of BCT Digital’s offerings lies in its ability to identify gaps and build solutions that are both specifically suited to India and yet scalable to global markets. BCT Digital adopts emerging technologies to enable financial institutions to mitigate risks, ensure liquidity, and improve customer engagement.