Market-leading, AI-based financial statement analysis for banks, insurance, and leasing
BARS, our software for financial statement analysis and reporting, supports compliance with regulatory requirements, optimizes risk assessment, and increases efficiency in lending and portfolio management.
BARS: An investment that pays off.
BARS was developed to enable comprehensive, consistent, and transparent risk assessment across all assets. Financial risks are identified early, sound business decisions are made, and compliance requirements are met across industries—from credit risk assessment at banks and leasing companies to portfolio analysis in asset management and underwriting at insurance companies.
Rapid ROI through:
- Compliance with the highest security standards (DORA-compliant)
- High investment protection through state-of-the-art technology
- Unlimited multi-client capability
- Continuous adaptation to current regulatory requirements
Current Challenges
Increasing regulatory requirements
Industry-specific regulations such as DORA, IFRS 16 (Leasing),
Solvency II and BiPRO (Insurance), or MiFID II (Asset Management)
cannot be efficiently met with existing systems.
Outdated systems and fragmented IT
Updates no longer possible, high maintenance costs,
and security vulnerabilities jeopardize operations and complicate holistic data analysis across all business units.
Cost pressure
The adaptation and maintenance of legacy systems significantly exceed available budgets and burden the competitiveness of all
financial institutions.
Inefficient lending processes
Manual workflows and a lack of automation lead to long processing times and inconsistencies; in many cases, decisions are not made in time.
Complexity in risk management
The precise assessment and management of credit, market, and operational risks is becoming increasingly demanding for all financial institutions, especially
insurers and asset managers.
Advantages of BARS
AI Balance Sheet Import
The AI import replaces manual financial statement entry by analysts at a fraction of the cost.
AI Red Flag Analysis
The AI annual report analysis reliably checks documents for risks, changes, and other matters requiring a credit analyst’s attention, providing detailed source citations.
Developed in cooperation with Deutsche Bank
BARS was developed in cooperation with Deutsche Bank and offers a solution that is individually integrated into the existing lending processes of financial institutions. BARS has been used globally by Deutsche Bank since 2003 and is continuously adapted to new challenges.
500 Institutions
Over 500 institutions in Germany, Belgium, and Austria rely on our standard solution as their financial statement analysis and rating system.
Comprehensive functionalities
Intelligent Financial Statement Analysis
Import annual financial statements via AI, structure them efficiently, and analyze them at the touch of a button—regardless of the accounting standard (HGB, IFRS, US-GAAP).
Integrated Rating
Automatic rating calculation based on annual financial statements and individual soft facts—directly in one system using purchased or internally calculated rating data.
ESG Reporting
Evaluation of sustainability metrics as an integral part of lending—mandatory in the EU since 2024 (7th MaRisk Amendment | EBA/GL/2020/06).
Powerful Position Editor
Fast balance sheet structuring with real-time plausibility checks and visual validation.
Comprehensive Reporting
Balance sheet, P, cash flow, key figures, rating, ESG report, and graphical charts—customized to your specifications.
Real-time Industry Comparison
Compare your customer’s key figures directly with the industry average—calculated from the entire financial data pool.
Flexible Structuring Schemes
Support for corporates, banks, income-surplus accounting, and other schemes—always individually customizable.
AI-Powered Balance Sheet Import
BARS processes annual financial statements directly from PDF format. AI replaces manual data entry.
Automatic Credit Memo
BARS creates an AI-generated template for the credit memo, which the analyst can specifically supplement and finalize (in development).
Measurable success after
implementation
90%
Cost
Reduction
through automated AI entry of annual financial statements
100%
Compliance
by meeting the requirements for banks in the EU
50%
Efficiency
Increase
in lending and creditworthiness assessment
