is scoring-as-a-service helping consumer finance businesses to automatically evaluate the credit worthiness of their potential clients. The solution is tailor-made for non-banking financial institutions, telecommunication operators, and leasing companies, and helps to reach optimal credit quality and acceptance rates by utilizing predictive analytics. The solution provides abilities to speed up the lending decision process as well as its automation.
A4E provides an instantaneous scoring of individuals when they apply for a credit. A4Lending is a fully or partially automated decision-making service, depending on your preferences, which is done by incorporating your risk strategy. In addition to individual’s score, the service provides the top reasons contributing to the particular score. This gives the credit inspectors improved ability to monitor and/or decide, if an application should be accepted or rejected.
Our machine-learning algorithm builds and updates further scorecard(s), adapting it to the recent customers’ behavior. In order to do that, the credit scoring service uses historical data about the applicants and may integrate your knowledge about customers and/or best practices into the automated scorecard development.
A4E maintains the scoring service to be always up-to-date. By analyzing the changes in market performance caused by the environment and the changes in customers’ segments, we determine the suitable period between the automated scorecard updates, if required, as frequent as every 2 weeks. With A4Lending you will always have actual score relevant to the specifics of a particular market, which would make the business more efficient and fast adapting to new markets and/or new population segments. Our machine-learning mechanism allows us to provide scoring even without initial set of data.
We support multiple scorecards as easy as one. All of these are based on our machine-learning mechanism and support different characteristics sets and business rules. You could benefit from that in various ways like: to implement different scoring strategies for different segments of your clients population or to have different risk strategies at the same time or to make A/B testing for different strategies with different characteristics or to switch from one strategy to another gradually or simply to minimize the fraudsters efforts having scoring based on different characteristics or even combination of all above.
A4Lending scoring service could be delivered even without initial data. In that case our specialists will help you to define the initial scorecard based purely on business logic. Since your clients performance become available our machine-learning features will start tuning the scorecard. With every execution the scorecard will become more and more accurate. That helps you to minimize the risks entering into new markets or verticals.
A4Lending is connecting effortlessly with the clients` environment via API. This means that data streams will be sent to our computational facilities automatically and securely, then processed and delivered back upon request as a lending scoring result.
A4Lending needs to integrate with your own processing system, which requires minimal upfront costs. If there are particular expectations regarding the scoring rule, we have to learn about your market understanding and implement it in our modeling process. Finally, to provide fully or partially automated decisions and to fit them into your business strategy, we need to integrate it in our cut-offs strategy optimization module.
The response of our system is less than 5 sec. Such a fast response is essential, especially for automated decision-making. With our credit scoring-as-a-service, your lending business can deliver credit products to the customers on the spot, which will increase their satisfaction and lending organizations will have additional advantage in today’s competitive environment.
A4Lending easily blends existing business knowledge and established rules with the data-driven scoring model. In addition, it makes the score and the related dominant reasons more sensible, readable and logical. An additional effect of including your and our market knowledge in the scorecard improves its stability in the current time-varying economic, social, and competitive environment.
A4Lending provides a service, which can be fully automated or may assist credit inspectors making their daily work easier without hard to learn features, hence making them more efficient while making decisions. Note that all of A4E` services do not require any analytical activity from the business side. We deliver services, which solve real day to day business problems and the outcome is profit oriented. Moreover, our solutions are fully automated, which makes them competitive with other solutions, which require human intervention.
Our credit scoring-as-a-service can be adjusted to particular business needs and its risk strategy. Whether you want to be more aggressive or more conservative about the market or to a particular segment, our service can easily be personalized for your needs.
The service pricing model allows you to minimize your indirect costs.
The decisions you are taking will always up-to date based on latetest information you have.
Your main business is lending not analitycs. You will be able to focus your effords into your main business.
The automation level you can get will provide you directly with measurable impact on your busness performance.
With the help of the resource you will have freed or with the ability to step more confidently into markets you don't know your expansion plans will be easier.
You will be able to use the latesest technologies in your business without the need to invest directly into that.