CovenantPlus is an automated Machine learning powered SAAS platform that provides in-depth understanding of covenant performance, delivers early warning signals of deteriorating covenant quality and generates advanced covenant analytics. Offered as a self-service model (SAAS offering) or customised based on Enterprise needs.
CovenantPlus is an automated Machine learning powered software application that provides in-depth understanding of covenant performance, provides advanced covenant analytics and helps team in automating complete lifecycle of covenant monitoring of a Credit Facility. It is offered both as a SAAS model or as an Enterprise solution
Check how our work flow helps to break each Loan into different Monitoring buckets for a granular monitoring.
The Covenant Management solution from Rigour leverages Machine learning (ML) and Natural Language Processing (NLP) techniques to interpret the financial and non-financial covenants in the contract. We help convert unstructured date 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.