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Loan Approval

Risk assessment service routes loan requests to auto-approval, denial, or manual approver based on risk and amount.

Process Description

The loan approval process starts by receiving a customer request for a loan amount. The risk assessment Web service is invoked to assess the request. If the loan is small and the customer is low risk, the loan is approved. If the customer is high risk, the loan is denied. If the customer needs further review or the loan amount is for $10,000 or more, the request is sent to the approver Web service. The customer receives feedback from the assessor or approver.

Structure

Zoom and pan enabled · Source: PET Dataset (Bellan et al., 2022)

Elements

ActivityActor
Receive RequestLoan System
Risk AssessmentRisk Assessment Service
Auto ApproveLoan System
Deny LoanLoan System
Manual ApprovalApprover Service
Send FeedbackLoan System