Pre-empting market shifts

Example:  Quickly obtain monthly transfers coming from any geography.  Photo: iStock. Illustrations are from the EyesClear platform.

Example: Quickly obtain monthly transfers coming from any geography. Photo: iStock. Illustrations are from the EyesClear platform.

 

Lizzie heads the Mortgage Group of an Australian bank. She has a sizeable portfolio of mortgages in Sydney due to the rise of China’s rich buying prime real estate in Sydney.

Her business has been earning solid and reliable interests for an asset-backed business – especially given the exponential rise in housing prices in Sydney. However, there are concerns that there is a housing bubble and that a slowdown of Chinese transfers will burst that bubble, exposing her position. She wants to pre-empt market shifts by getting insight to recent patterns.

By using EyesClear, Lizzie can quickly obtain monthly transfers coming from China – she notices that transfers have halved over the past 6 months. By discovers that general Chinese sentiment pre-empts a market shift in China and a slowdown of transfers. She reports into banks risk committee for further analysis and the bank’s risk management committee has highly appreciated her proactive approach. That has been a great example of efficient first line of defence against growing risks.