Papers by Glen Noronha
News Risk Alerting System (NRAS): A Data-Driven LLM Approach to Proactive Credit Risk Monitoring (2024.emnlp-industry)
Copied to clipboard
| Challenge: | Credit risk monitoring is an essential process for financial institutions to evaluate the creditworthiness of borrowing entities. |
| Approach: | They propose a system which proactively alerts Credit Officers to credit-relevant news events . the system has been deployed for nearly three years and has an estimated precision of 77% . |
| Outcome: | The new system has alerted Credit Officers to over 2700 credit-relevant events with an estimated precision of 77%. |