Everything we have written over the last three years comes down to one screen. If the register is right, the calendar is live, the tests re-run on arrival and the limits follow the data, then what a head of credit or a credit control lead needs each morning is short. Five lists, in a fixed order, each answering a question they would otherwise ask by email.
1. Due soon
Every deliverable across the book with a due date in the next five business days: which fund or borrower, which document, the date, and whether it has ever been late before. This is the list that turns monitoring from reactive to scheduled. Nothing on it is a problem yet. It is there so that the person who owns the relationship knows what to expect this week, and so that a document arriving on the day is recognised as on time rather than as a surprise.
2. Overdue
Everything past its due date, sorted by days late and then by the exposure behind it. Each row shows the last chase: when, through which channel, to whom, and what came back. The distinction between "chased twice, no reply" and "not chased" is on the screen, because they are different problems with different owners. The figure that depends on each overdue item is marked stale everywhere it appears, and the row says what the stale policy has done to the limit.
3. Blocked, and by whom
The exceptions queue. Items that need a human decision before the system can proceed: a limit proposal outside the auto-apply band, a NAV that failed validation against the previous one, an extracted term that the page check could not verify, an escalation that has not been acknowledged. Each names the person or role it is waiting on and how long it has waited. This list is the one that most often surprises new users, because it is the work that used to be invisible. It sat in inboxes and now it sits in a column with a name next to it.
4. Near covenant
Every test whose headroom is inside the warning band, ranked by distance to the trigger. The band is configurable per fund type and per fund: 20%, 15% and 10% by default, tighter for a name on watch. Each row shows the value tested, the basis, the comparator observation and the clause, all linked to their documents. A credit officer can go from the row to the page in two clicks, which is what makes the list actionable rather than alarming.
5. Deteriorating fast
Not the closest to a trigger, but the fastest moving towards one. A fund at 18% headroom that was at 30% last month is more interesting than one that has sat at 12% for a year. This list uses the trend across the last three observations, the fund's benchmark where one is mapped, and any redemption pressure or watchlist hit that the signals layer has picked up. It is the early-warning list, and it is the one that justifies the whole exercise, because it is where a decision made today changes an outcome next quarter.
What is not on the screen
No tiles for their own sake. No chart of the book that nobody acts on. No list of everything that is fine, which is most of the book most of the time and belongs one click away, not on the front page. And nothing that cannot be traced: every row on every list opens to the documents behind it, and the morning view is a query over the same register that internal audit will look at, not a separate report someone assembled.
If the five lists are empty, the exec has learned the most important thing about the book in under a minute. If they are not, they know what to ask, whom to ask and what evidence they will be shown.
The arc
We started three years ago with a clause that gets written once and checked every month, and the observation that nothing connected the clause to the calendar. Everything since has been the plumbing between those two: extraction with citations, staleness as a state, the basis as a stored choice, limits that follow the NAV with an approval trail, and a line between what is computed and what is generated. The five lists are what that plumbing produces at 8:45 each morning.
The best way to judge them is to see them on your own book. Send us the agreements and the notices you already receive and we will show you the five lists as they would have looked last Monday.