Nordigen Scoring Insights

Nordigen Scoring Insights

Nordigen is a global account data analytics provider that helps banks and lenders improve the speed and accuracy of their credit decisions. Nordigen Scoring Insights product suite allows to calculate the probability of a customer to default on a loan, based on patterns identified in the transaction data, which can be used as standalone scores or supplementary input for internal scoring models, enabling credit institutions to categorize their client banking transactions and improve credit assessment process speed. Credit scores are built from transaction data, and are proven to be highly predictive and stable over time. Credit scores can be tailored for optimizing both approval rates and default rates. Nordigen’s solution analyses consumers’ bank account data to identify risk-critical patterns and spending behaviours. These insights then help lenders make more accurate credit decisions and approve more creditworthy applicants.

*Please note that member solutions are often customizable to meet the needs of individual enterprise end users.

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SOLUTION FEATURES

  • Credit Scores
    Built from transaction data, credit scores are proven to be highly predictive and stable over time. Credit scores can be tailored for optimizing both approval rates and default rates.
  • Modelling features
    Varying from simple representations to vastly complex ones, all features are standardised across all geographies and can be easily applied. More than 2,000 predictive features available.
  • Decision rules
    Decision rules are already optimized feature application for specific geographies and lending products. Convenient for identifying specific customer groups, based on their probability to default.

CATEGORIES

BrazilGermanyIndiaMexicoOther - Asia PacificOther - Europe and AfricaUnited KingdomUnited StatesIntel® Xeon ScalableCSP - Amazon Web ServicesOn-premise (Private Cloud, Other)Custom/OtherFinance and InsuranceModels can be trained - data input only requiredAI Software/SaaSLinux Intel® Data Analytics Acceleration Library (Intel® DAAL)Data AnalyticsMachine Learning