Wouldn't you like to know more about the creditworthiness of your applicants and customers? The solution lies in applying big behavioural data and machine learning to reveal additional information. That’s what AdviceRobo does. We specialize in applying psychographics combined with financial and other behavioural data to create rich insights that can be applied in your decisions and processes.
Access to money is key for people and businesses to build their lives and businesses. However often they cannot get a loan because they are thin file and the lender cannot make the right credit decision. We believe that big behavioural data and the application of new technologies such as Machine Learning will offer the solution. This will help lenders to grant more loans and monitor risk.
AdviceRobo eats risk for breakfast
AdviceRobo masters the art of applying big behavioural data such as psychographics and Machine Learning (ML) technology to discover and monitor patterns that strongly enable risk reduction. AdviceRobo’s secret sauce is in its deep scientific knowledge on psychographics applied in their scoring models. It’s the psychographic which makes us eat risk for breakfast.
Globally 67% of consumers are not credit rated. For those segments or countries where little or no reliable data is available, psychographic scoring is a proven solution. It enables lenders or online retailers to assess the creditworthiness of these thin file segments.
The basis of our innovative credit scoring is the gathering of non financial behavioural data. The scoring method behind is based on Artificial Intelligence (AI).
Consumers demand instant, personalized services. Regulators enforce financial institutions to apply personalized strategies for vulnerable customers. The behavioural risk score targets, profiles and monitors customers on default, loss giving default, bad debt and churn on individual customer level.
For this Advanced Risk Analytics we apply AI on large data sets of financial and non financial data.