Covenant Monitoring System

CMS is an AI-ML based Saas platform that enables indepth monitoriing of covenant of Loan portfolio. Ideal for Corporate loan portfolio, Investment monitoring or Treasury management operations. CMS delivers early warning signals of covenant performance and provides granular insights of the portfolio.

Key Features of Covenant Monitoring

Create Monitoring Schedule

Create future schedules like Yearly/Quarterly monitoring for Financial covenants or any key Term in your Credit contracts. System auto-computes future dates without manual entry.

Monitor Category-wise

Segregate key terms in Loan contracts into logical groups like Post Disbursement conditions, Financial Covenants, Sponsor undertakings, etc.

Automatic Notifications

Setup notification cycle per key dates from Loan monitoring schedule. Share notifications with lenders, internal teams, and management.

Logically Test Ratios

Provides guidance to Analysts for checking methodology for comparison or evaluation of compliances in financial ratios.

Playbook Template

Create your own template or customize Termsheets as per your convenience with our in-built playbook feature.

Extract Data from Termsheet

Extract data from Termsheet PDFs and digitize your Financial terms in seconds using AI/ML-powered tools.

In-built Clause Library

Customizable clause library covering commonly used terms & conditions, making contract management effortless.

Dashboard Reporting

Summarized reporting from granular contract details to overall portfolio level performance and insights on covenant compliance.

Upgrade your Credit Risk Governance Practices

  • Developed by credit experts replicating industry best practices
  • Covenants modeled per loan documents
  • Independent validation of covenants from financial spreads
  • Advanced dashboards to facilitate credit decisions
  • Covenant informatics and early warning system
  • Email alerts on covenant triggers

Fast and No-code SaaS based Implementation

  • Rigour CMS comes fully integrated with Rigour LOS and LMS systems
  • A fully compliant and end-to-end integrated loan portfolio system can be implemented in days
  • We help transform legacy Loan transaction documents by migrating them to Digital Records using AI ML.
  • Rigour CMS can run independently de-coupled from your existing LMS or LOS systems
SaaS Implementation
How it is Different

How it is Different

Rigour CMS leverages AI to interpret the financial and non-financial covenants in the contract. We help convert unstructured data like Termsheets into structured information. This data is re-inforced with Credit Facility governed Terms and Conditions like Covenant Testing cycles, Reminders, Testing Criteria etc in a System governed manner.

  • Reduce Op-ex on managing back-office teams & increase throughput
  • In-built early warning triggers for improved credit decisions
  • Improve covenant monitoring and compliance reporting through process efficiency
  • Reduce regulatory compliance costs & Strengthen Credit Risk Governance
How it is Different