PREECURSOR
Financial institutions

An underwriting copilot that drafts and checks credit memos

An illustration of the kind of system we build: an agent that drafts and checks credit memos against policy in real time, with every figure cited back to source.

The challenge

What stood in the way

Commercial credit officers were spending the better part of a week assembling each memo — spreading financials, reconciling covenants, and hand-checking every figure against a 400-page policy manual. The backlog throttled deal velocity, and the manual reconciliation introduced exactly the kind of inconsistency the second line of defense exists to catch. Off-the-shelf copilots had stalled in pilot because nothing in them could survive model risk review.

What we build
01
Grounded memo drafting
A retrieval pipeline over financial statements, deal documents, and the policy manual drafts each memo section with every figure cited back to its source page, so officers review rather than re-key.
02
Policy & covenant checks
The agent runs each draft against codified credit policy and covenant terms, surfacing exceptions and missing conditions as a ranked checklist instead of a wall of prose.
03
Human-in-the-loop sign-off
Officers stay the decision-maker: every claim is traceable, every edit is logged, and nothing reaches committee without an explicit human approval step.
04
Model risk evidence
We shipped the eval harness, documentation, and monitoring the validation team needed up front — so the system cleared SR 11-7 review and went to production rather than to a shelf.
What it's designed to do

Credit officers review and approve rather than re-key, so each memo starts from a grounded draft instead of a blank page.

Every figure in a memo is traceable to its source document, so review is faster and the second line can audit with confidence.

The eval harness, documentation, and monitoring are built up front, so a system like this is designed to clear model risk review rather than stall in pilot.

Could we build something like this for you?

This is an illustrative example of the kind of system we build. Tell us the metric you need to move and we will tell you, candidly, what we would build first.

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