CovenantPulse is a platform that provides an in-depth understanding of covenant performance trends and early warning signals of deteriorating covenant quality via interactive dashboards and advanced covenant informatics.
It ensures efficient covenant monitoring by standardising the approach and centralising data for portfolio analysis.
In these tough times, CovenantPulse’s notification engine is helpful, as it enables timely action to be taken to resolve breaches or near-breach scenarios.
CovenantPulse accommodates specific requirements pertaining to reporting and financial covenants, irrespective of whether they are standard or bespoke.
CovenantPulse is accessible over the internet and bank-approved IPs, giving the user flexibility of access while ensuring appropriate data security.
Benefits and Impact
Strengthens the credit risk governance practice
Standardises the monitoring process
Improves turnaround time by 30-40%
Is scalable across businesses/sectors
Facilitates strong data governance