For banks and private credit firms

Turn credit data into real time insights

AI-powered credit monitoring, insights and operational management. Monitor covenants, reconcile syndicated payments, and validate borrowing bases with the evidence your team needs to act.

From the source. To the signal. To the decision.
From a covenant to a clear decision
RiskFrontierCredit monitor
Portfolio Borrower overview
Net leverage

5.2x

Review requiredAbove threshold by 0.2x
Net leverage Covenant limit 5.0x
Q1Q2Q3Q4Q1Q2
Credit agreement § 7.11 · Financial covenants§ 7.11

“Net leverage must not exceed 5.00x at the end of each fiscal quarter.”

Source-linked calculation
Illustrative workflow and data

Monitor risk

Source-linked covenant tests and early-warning signals.

Manage Syndications

Confidence-ranked matches and confirmed write-back.

Validate availability

Borrowing base calculations tied to agreement rules.

Why now

Your portfolio moves faster than periodic checks.

Credit agreements, financial statements, payments, and collateral reports arrive in different formats and systems. Connecting them by hand takes time away from understanding what has changed.

FirstSignals helps your team turn that information into monitored rules, ranked exceptions, and a clearer view of borrower risk.

Less time assembling the evidence.
More time deciding what comes next.

The platform

Connect the work behind
every credit decision.

Connected credit workflows that work with your existing systems, keeping the supporting evidence close to the decision.

Three workflows. Evidence at every step.
01 / Source information02 / FirstSignals workflow03 / Reviewable result
Agreement + financialsFinancial covenants§ 7.11 · Net leverage
Covenant result
5.2xReview required
Against a 5.0x limit
Wire + payment scheduleIncoming paymentUSD · Scheduled loan payment
Matching proposal
$4.25m$0.00 difference
$4.0m principal + $0.25m interest
Certificate + schedulesBorrowing base certificateJune reporting · Receivables
Remaining availability
$1.5mCalculation available
$6.0m base less $4.5m drawn
Agreement + financialsFinancial covenants§ 7.11 · Net leverage
Monitor the agreement
Covenant result
5.2xReview required
Against a 5.0x limit
Credit agreement · § 7.11
“Net leverage must not exceed 5.00x at the end of each fiscal quarter.”
Results you can trace to source

Review the calculation alongside the agreement definition and supporting financials.

Explore RiskFrontier

Illustrative workflows and data. Credit monitoring, payment reconciliation and borrowing base review, each with its own supporting evidence.

Evidence your team can review.Results your systems can use.

Continuous credit monitoring

RiskFrontier

Turn credit agreements into monitored covenants. Track borrower risk, investigate changes, and prepare reporting with the source evidence in view.

Convert agreement terms into source-linked formulas. A deterministic engine runs the covenant calculations, while AI supports interpretation and analysis.

Explore RiskFrontier
RiskFrontierCovenant test
Credit agreement Financial covenants / § 7.11

“The borrower shall maintain a net leverage ratio of no greater than 5.00 to 1.00.”

Linked to the source definition

Deterministic calculation

Net debt ÷ Adjusted EBITDA

$104m÷$20m=5.2x
Financial statementsIllustrative inputs
Above threshold by 0.2x

Review the result, adjustments and agreement terms.

Illustrative covenant and data. Definitions and adjustments vary by agreement.

Syndicated payment reconciliation

FirstFlow

Match incoming wires to expected syndicated loan payments. Give operations teams ranked proposals, clear exceptions, and confirmed results that flow back to the core system.

Ingest wires and open transactions on an hourly schedule. Bring new items into the matching workflow without waiting for a manual reconciliation cycle.

Explore FirstFlow
FirstFlowProposal review
Incoming wire$4,250,000.00
Example borrowerUSD
Ranked matching proposal
Scheduled loan payment98% confidence*
Principal$4,000,000.00
Interest$250,000.00
Proposed total$4,250,000.00
Amount difference $0.00
Confirmed results can flow back to your core system

Illustrative data. *Example score, not model performance. No live transaction.

Borrowing base control

FirstBase

Turn borrowing base packages into supported availability calculations. Apply agreement rules consistently and bring exceptions into review before availability is updated.

Extract and validate borrowing base certificates and supporting schedules. Reduce the manual work between receiving a package and reviewing availability.

Explore FirstBase
FirstBaseAvailability review
Borrowing base certificateIllustrative facility · June reporting
PDF
Receivables$10.0m
Ineligible receivables− $2.0m
Eligible receivables$8.0m
Advance rate80%
Borrowing base before reserves$6.4m
Reserves− $0.4m
Remaining availability$1.5m
Base after reserves $6.0mDrawn $4.5mCommitment cap $7.0m

Workflow illustration. Assumes no other adjustments.

Portfolio intelligence

See the borrower.
Understand
the portfolio.

A covenant result is more useful when your team can see the movement behind it. RiskFrontier brings borrower history, headroom, liquidity indicators, and sector context into the review.

Move from a portfolio watchlist to the borrower-level evidence. Give the next credit discussion a clearer starting point.

Explore portfolio intelligence
Portfolio watchlistIllustrative data
BorrowerNet leverageReview
Northstar Manufacturing5.2xRequired
Meridian Services4.4xRoutine
Cedar Logistics4.7xRoutine
Northstar Manufacturing

A change worth investigating.

Net leverage above the 5.0x covenant limit. Review the calculation, source definition and borrower context.

View the evidence
Source-linked context Your team’s judgment

Enterprise controls

Fit the way your
institution operates.

Connect to existing systems and review deployment, access, and approval requirements with your team.

Deployment options

Discuss on-premises, private cloud, or hybrid deployment around your infrastructure and data requirements.

Protected data flows

Encrypted ingestion and storage support the handling of sensitive credit and payment data.

Role-based access

Align user access with team responsibilities and identity management requirements.

Traceable outputs

Review the sources, calculations, and decision records behind the result.

Review and approval

Bring credit judgment and payment exceptions into human review, with documented decisions.

Integration with existing systems

Use APIs to connect supported workflows with core platforms and data infrastructure.

Built by former Microsoft Core AI engineers and experienced banking and buy-side executives.

Our perspectives

A clearer starting point

See what changes
in your team’s day.

Walk through the workflows that matter to your portfolio, from covenant testing to payment reconciliation and borrowing base review.

Request a demo
A walkthrough,
built around your work.
Credit monitoringFrom agreement to early warning
Payment reconciliationFrom incoming wire to confirmed match
Borrowing base reviewFrom supporting schedules to availability