Uptiq's Continuous Monitoring Superagent reads every financial statement and compliance certificate as it arrives, tests it against the covenants written into your credit agreements, and flags a breach within 24 hours — not at the next review cycle.
No rip-and-replace. The agent runs over your existing core, LOS and document repository with 100+ native integrations, and a single agent can be live in production in as little as five business days.
A covenant breaks the day the statement is dated. When do you find out?
Statements sit in an inbox until an analyst pulls the file, spreads it by hand and updates the tracking sheet. Detection is bound to the review calendar.
The agent picks the document up on arrival, spreads it, tests every covenant and raises the exception with the calculation cited back to the source page.
24 hrs: document received → covenant breach detected.
Source: Uptiq corporate deck, internal benchmark.
From document received to covenant breach detected
Extraction accuracy, certified by former underwriters and bankers
Financial institutions running Uptiq agents
Native integrations — no core or LOS replacement
Most commercial portfolios are watched through a tickler list and a quarterly review. The covenants are real-time; the process is not. Between the two sits the risk you find out about last.
Covenant thresholds, due dates and test results live in a spreadsheet maintained by hand. It is accurate on the day it is updated and drifting on every other day.
Head of Operations, credit union:
“we do all the portfolio reporting now on Excel”
Quarterly financials, compliance certificates, borrowing base certificates and insurance renewals land in shared inboxes. Each one has to be found, spread and tested before it tells you anything.
Spreading and extraction absorb time that never reaches a credit decision.
When a document is late or a ratio slips, someone has to notice, decide how serious it is, and get it in front of the right relationship manager. That chain breaks quietly.
Ops persona: tickler management, exception management, 40+ handoffs per loan
A domain-trained agent that owns the back-office half of the credit lifecycle: it holds the covenant terms, watches the documents, does the arithmetic and tells your team what changed. Your underwriters and portfolio managers stay on the judgment calls.
Breaches are detected within 24 hours of the document arriving, so you are still inside the window where a waiver, a cure or a restructure is a live option.
Each calculated value is cited back to the source document and page, with the inputs, thresholds and timestamp retained as data lineage.
Covenant status, aging reporting obligations and watch-list movement roll up across the book instead of living in individual tracking files.
Modular entry: start with covenant monitoring on one portfolio segment, live in as little as five business days, and expand from there.
Financial covenants that resolve to a calculable threshold are tested automatically on every incoming statement. Reporting and affirmative covenants are tracked as dated obligations that age until satisfied.
| Covenant | Tested as | Type | Agent output |
|---|---|---|---|
| Debt service coverage | DSCR ≥ threshold | Financial | In compliance |
| Leverage / debt to EBITDA | Total debt ÷ EBITDA ≤ threshold | Financial | Trending to breach |
| Fixed charge coverage | FCCR ≥ threshold | Financial | In compliance |
| Minimum tangible net worth | TNW ≥ floor | Financial | Breach detected |
| Loan-to-value / debt yield | LTV ≤ cap · debt yield ≥ floor | Financial (CRE) | In compliance |
| Capital expenditure limit | Period capex ≤ cap | Financial | In compliance |
| Financial statement delivery | Received by contractual due date | Reporting | Aging — not received |
| Compliance certificate | Received and signed | Reporting | Received |
| Borrowing base certificate | Received · availability recalculated | Reporting | Received |
| Insurance certificate | Active through required coverage period | Affirmative | Expiring |
Illustrative output. Covenant definitions, thresholds, cure periods and severity routing are configured to your credit policy and the language of each executed agreement.
Pulls covenant definitions, thresholds, testing frequency and reporting obligations out of the executed credit agreement.
Spreads incoming statements and tax returns at 95%+ extraction accuracy, certified by Uptiq's knowledge team of former underwriters.
Applies your covenant definitions, cure periods and materiality thresholds rather than a vendor's generic ratio library.
Holds every dated deliverable per relationship and ages it against the contractual due date until it is satisfied.
Breaches, near-breaches and missing documents are raised with severity and surfaced against the owning relationship manager.
Re-tests the book against changed assumptions so you can see which relationships move to watch status before they get there.
Aggregates covenant status and exception aging across segments, so portfolio reporting stops being rebuilt by hand each cycle.
Every value traces to the document and page it came from, with inputs, thresholds and timestamps retained for review.
100+ native integrations across cores, loan origination systems and document repositories. Private-cloud deployment available.
The sequence repeats every time a document lands. There is no batch window to wait for.
Financial statements, compliance certificates, borrowing base certificates and insurance renewals are picked up from your inbox, portal or document repository as they arrive.
The agent identifies the document type, extracts the line items and spreads them into your standard template at 95%+ extraction accuracy.
Each covenant is calculated using the definition written into that borrower's credit agreement and compared to the agreed threshold for the period.
A breach, a near-breach or a missing deliverable is raised as an exception with severity and owner, within 24 hours of the document being received.
Every result is cited back to its source page, the relationship record is updated, and the portfolio view reflects the change without anyone re-keying it.
Automated covenant monitoring is the practice of testing a borrower's financial and reporting covenants continuously as documents arrive, rather than manually at a scheduled review. An AI agent extracts the covenant definitions from the credit agreement, spreads each incoming financial statement or compliance certificate, calculates the tested ratios, compares them to the agreed thresholds and raises an exception when a covenant is out of compliance or trending toward it.
Uptiq flags a covenant breach within 24 hours of the underlying document being received. Detection is tied to document arrival rather than to your review calendar, so a breach surfaces in the current period instead of at the next quarterly review cycle.
No. The Continuous Monitoring Superagent runs as a layer over your existing core, loan origination system and document repository, with more than 100 native integrations available. There is no rip-and-replace, and a single agent can be live in production in as little as five business days.
Financial covenants that resolve to a calculable ratio or threshold are tested automatically, including debt service coverage, leverage and debt-to-EBITDA, fixed charge coverage, minimum tangible net worth, current ratio, capital expenditure limits, loan-to-value and debt yield. Reporting and affirmative covenants such as financial statement delivery, compliance certificates, insurance certificates and borrowing base certificates are tracked as obligations with due dates and aging.
The agent tracks each reporting obligation against its contractual due date. When a document has not arrived, the obligation ages and appears in the exception queue with the specific missing item, the borrower, the relationship manager and the number of days past due — so your portfolio team can act on a named item rather than reconstructing a tickler list from a spreadsheet.
Every calculated value is cited back to the source document and page it was extracted from, so a reviewer or examiner can trace a covenant result to the statement line that produced it. Extraction is certified at 95% or better accuracy by Uptiq's knowledge team of former underwriters and bankers, and each test retains its inputs, thresholds and timestamp as data lineage.
We will walk one of your covenant structures through the agent — extraction, test, exception and audit trail — against a real credit agreement format your team uses.
Tell us how your portfolio is monitored today and which covenants cause the most rework. We will show you the agent running that exact scenario.
Typical first agent: live in production in as little as five business days.
