Stay ahead of risk: Firstsource reduces monthly risk exposure by £3.5m for a major UK bank Case study Background The client is one of the largest banks in the UK and provides commercial financing solutions to businesses including factoring, invoice discounting, asset-based lending, asset financing and more. As a market leader in the commercial finance segment, the client has a 16% market share that translates to £3.7 billion. The client faced challenges with carrying out due diligence on a regular basis with respect to monitoring ageing of invoices and contra-trading activities and reached out to Firstsource for its expertise. Business challenge ? The frequency of the check deposits ranged from monthly for high risk clients to half yearly for low risk clients. 1? 55% clients required a mon

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