AI in Financial Risk Programs

To leverage on the big data explosion risk managers can add more meaningful data on customers that will generate additional insights to better assess the risk. AdviceRobo offers automated solutions: (1) Proprietary psychographic data to get insights in the behaviour and motivations of people, with our Digital Psychographic Credit Scoring solution, and (2) PSD2 transactional data to give insights in actual income, spending categories and patterns, with our CatRobo solution. Bespoke solutions involve analyses of current and optional data sources, modelling for risk policies and decision making criteria and advice on data architecture.

Advanced analytics will provide high quality insights that improve credit decisioning and lower risks. With the insights financial risks can be better predicted, and mitigated by designing actions and programs tailored for specific customer groups or even individuals. AdviceRobo applies technologies such as neural networks and reinforced learnings to create the best predictive models for risk in your customer base such as Early Warnings for defaults, vulnerability and churn.