The goals that an effective credit risk monitoring system should achieve include the following:

1. Reduce credit risk: timely discover potential risk factors by monitoring and evaluating the customer's credit status , take corresponding measures to reduce credit risks. Ensure that commercial banks understand the current financial status of the borrower or counterparty and its changing trends. Ensure that commercial banks understand the current financial status of the borrower or counterparty and its changing trends, monitor compliance with the terms of the contract, and evaluate the degree of compensation of the collateral relative to the current situation of the debtor and the changing trend of the market value of the collateral.

2. Improve loan approval efficiency: The credit risk monitoring system can provide customers’ credit history, financial status, repayment ability and other information, helping to quickly assess the customer’s credit status and improve loan approval efficiency.

3. Optimize risk management strategies: Through the analysis and mining of credit risk monitoring data, deficiencies in risk management strategies can be discovered, timely adjustments and optimizations can be made, and risk management levels can be improved.

4. Protect corporate interests: The credit risk monitoring system can help companies discover potential credit risks in a timely manner, take appropriate measures to avoid losses, and protect corporate interests.

5. Improve customer satisfaction: By monitoring and evaluating customers' credit status, we can better understand customer needs, provide personalized services, and improve customer satisfaction.