Credit file pre-check
- How it works today
- An analyst opens the file, pulls three years of statements, reconciles the covenant list against the current facility and writes a one-page summary. Forty minutes when the file is clean. Half a day when it is not.
- What the worker does
- Pulls the statements, reconciles the covenants, drafts the summary, and names the figures it could not source instead of estimating them.
- What stays with a person
- The credit decision. The committee reads a file that is complete and sourced, and spends its time on the judgement rather than on assembling the evidence for it.
- What KYDE records
- Which documents were read, where each figure came from, which model drafted the summary, and what the analyst changed before it went in.
- ·DORA, operational resilience and ICT third-party risk
- ·EU AI Act, Annex III point 5(b), creditworthiness. High-risk obligations apply from 2 December 2027
- ·KI-MIG, the German AI market surveillance act in force since 29 July 2026: BaFin supervises AI used in regulated financial activity
- ·GDPR Article 22, decisions based solely on automated processing