Finexos partners with NayaOne to provide AI-powered advanced Loan Book Vulnerability Analysis


Finexos has partnered with NayaOne to provide advanced AI-powered Loan Book Vulnerability Analysis (LBVA), that reduces defaults and increases Return on Capital Employed (ROCE), via the NayaOne marketplace and Digital Transformation Platform.

With the rise in mortgage arrears, cost of living and interest rates and more consumers experiencing financial difficulties, more accurately predicting the likelihood of default is a key factor to ensuring strong loan book performance and good consumer outcomes.

The Finexos state-of-the art credit risk solution uses new AI-powered probability of default metrics to accurately detect borrowers at risk of default. Lenders can now retrospectively review entire loan books to determine vulnerability to their underlying credit assets based on previous credit decisions, update with more accurate metrics and provide additional support to borrowers in full compliance with Consumer Duty.

NayaOne brings financial institutions, banks and fintech together to accelerate digital transformation and innovation in the financial services industry. The platform provides a single point of access to the latest fintech innovations and data, streamlining product selection, integration and testing through its digital sandbox and enabling financial institutions to benefit from the latest technologies faster and more easily via its tech marketplace.

NayaOne was selected to build and operate the Financial Conduct Authority’s Digital Sandbox, a highly prestigious and competitive initiative that allows financial institutions to develop and test their products within a safe and secure environment. As a result, NayaOne closely works with the FCA and other industry leaders, continuously driving innovation and advancing the fintech space.

Mark Fisher, Founder & Chief Product Officer of Finexos, said, “We are delighted to be collaborating with NayaOne. Finexos advanced data science and AI solutions can make a considerable positive impact for lenders in terms of default detection and raising capital on the wholesale credit markets, and for borrowers and society, particularly so in an economic environment of higher inflation and rising borrowing costs. We look forward to working with NayaOne via the Digital Transformation Platform.”

Oli Platt, Product and Marketplace Manager of NayaOne, said, “We are delighted to welcome Finexos to the NayaOne marketplace. As a leading AI-powered Loan Book Vulnerability Analysis solution provider, Finexos empowers financial institutions in streamlining their loan book analysis operations. Banks and other FIs can discover Finexos solutions on the marketplace and test via NayaOne’s Digital Transformation Platform.”