Use Cases - Finexos

Reducing probability of default at the point of lending

04th May 2023

Reducing probability of default is a crucial factor for both borrower and lender, whether it be mortgage, car finance, BNPL or other forms of consumer credit. With the rising cost of living, inflation and interest rates squeezing household budgets, assessing suitability and affordability in the m...

Securing lower capital rates on the consumer lending wholesale market

03rd May 2023

For consumer lenders raising money on the wholesale market, the objective is to secure the lowest loan capital rate possible. Accessing funds at the lowest achievable cost helps improve margins and the bottom line for lenders and enables them to filter savings into more competitive loan rates to...

Enhancing risk assessments of existing lender portfolios

02nd May 2023

In volatile times of rising inflation and interest rates it is particularly important for financial institutions to understand fully the quality of their underlying credit assets to reduce risk. Enhancing and improving on traditional credit scoring methods, risk management systems and statistical...

Helping lenders deliver better credit outcomes for consumers and meet Consumer Duty

14th February 2023

Millions of consumers are caught in or at risk of falling into high-cost credit traps. As credit scores reduce, borrowers become forced into lengthy cycles of financial recovery and ‘High Interest Credit’ for prolonged periods. With the current cost of living crisis and rising inflati...