Covenant IQ
AI-powered covenant & obligation monitoring
Presented by
Naveen
Keeping Loans on Track
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for commercial lending
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Problem :
The Consequence
The Pain
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Commercial lending relies on complex legal agreements often 300+ page PDFs
that define critical borrower obligations and financial covenants
These obligations are tracked manually by credit and loan operations team
Manual tracking is slow, inconsistent, and difficult to scale
Errors or delays can result in missed covenant breaches and late corrective action
Banks lack a real-time, portfolio-wide view of borrower compliance
Key rules are tracked using spreadsheets, emails, and periodic reviews
Bottom line
Loan market risk today is driven not just by borrower credit quality,
but by gaps in process, automation, and visibility.
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The
Solution
financial covenants and obligations, and monitors them continuously.
Covenant IQ is a centralized platform that automatically reads loan agreements, extracts
Instead of manually tracking rules across spreadsheets and email threads, lenders and
borrowers get a real-time view of compliance across the entire loan portfolio — in one place.
Why This Matters
Covenants are tracked automatically, not manually
Compliance status is always up to date, not reviewed quarterly
Credit teams operate with speed, accuracy, and scale
Impact
Deadlines cannot be missed because everything is tracked automatically
Problems are spotted earlier, giving banks time to act before losses happen
Cleaner audits and stronger compliance, with all activity clearly recorded in one system
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How It
Works
Covenant IQ Works
A loan agreement is uploaded to the platform
Key covenants and obligations are automatically identified
The loan is added to continuous monitoring
Compliance checks run automatically on a scheduled basis
Alerts are triggered when risks or breaches appear
Result
No spreadsheets. No manual tracking Audit-ready reports generated .
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Who This Is For
(Market/Users)
Primary
User
Secondary
User
Loan agents
Corporate &
investment banks
Wholesale lender
Borrowers seeking transparency
Risk &
compliance teams
Designed for the Loan Market
Why now?
Loan portfolios are growing, but monitoring capacity is not.
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Why Covenant IQ
Is Different
Why Existing Approaches Fall Short
Most tools store documents — they don’t understand them
Monitoring is periodic, not continuous
Alerts lack explanation and auditability
Covenant IQ changes this by:
Starts from uploading the loan agreement itself
Monitoring obligations and covenants of all loan continuously
Providing explainable alerts and audit-ready records
Covenant IQ Advantage:
We combine Legal Understanding with Financial Logic. We automate the interpretation, not just the storage
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Impact
(WHY THIS IS VALUABLE)
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Operational Impact for the Loan Market
Covenant IQ replaces fragmented, manual covenant tracking with a structured
and continuously monitored process.
This delivers real impact :
Reduces the risk of missed or late covenant breaches
Improves visibility across complex loan portfolios
Enables earlier intervention before issues escalate
Reduces dependency on manual spreadsheets and follow-ups
Result :
More predictable loan administration, stronger compliance control, and fewer operational surprises.
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Future Scope
(MARKET OPPORTUNITY)
A Platform for Intelligent Loan Administration
Future opportunities include:
Covenant IQ establishes a foundation that can scale across the loan lifecycle.
Broader coverage of non-financial and ESG obligations
Deeper integration with loan management and reporting systems
Portfolio-level risk insights and benchmarking
Standardized compliance reporting across the market
Long-term vision:
Covenant IQ can become a core intelligence layer that helps modernize
how loan obligations are monitored and governed.
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At
Last :
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This Is a Process Problem, Not a Credit Problem
Most covenant breaches are not caused by bad borrowers.
They happen because loan obligations are tracked manually, inconsistently, and too late.
The loan market uses world-class legal documentation,
yet still relies on spreadsheets, emails, and follow-ups to manage compliance.
Covenant IQ shows what happens when loan agreements are treated as live sources of obligations, not static PDFs.
If loans are to stay on track, monitoring must be continuous — not reactive.
Covenant IQ —designed for real-world loan monitoring.
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Thank
You!
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Covenant IQ