Enhancing risk assessments of existing lender portfolios
Advanced loan book vulnerability analysis can be achieved with the application of Finexos proprietary technology and cutting-edge data science and behavioural analytics. The unique Financial Capability Scoring (FCS)® metric coupled with AI-powered cash flow-based credit-decisioning using the FIOLA® Risk Engine enables real-time vulnerability analysis, is highly accurate and proven greatly to outperform traditional credit scoring methods.
By combining Open Banking, Finance and Accounting data with the FCS® Metric and historical loan performance data, the predictive accuracy of the probability of default of credit-based assets is optimised. This dramatically improves the detection of bad loans and incorporates early warning systems that alert to the prospect of potential default through real-time monitoring.
Bespoke risk engines can be tailored to suit individual lenders’ portfolios, with the data-agnostic machine learning SaaS-based platform delivering sophisticated scenario-based risk modelling in the form of MLaaS. Finexos combines up to eighteen times more data points than traditional metrics with advanced AI and behavioural analytics to deliver next-generation insights into the health of lender portfolios to dramatically improve early detection of bad loans that could adversely affect balance sheet positions.