Offering

Our Profit Scoring solutions are built with state-of-the-art technology, and scalable cloud-based applications with focus on balancing risks and increasing ROI. Within our Profit Scoring umbrella, we offer a number of solutions:

The service is used for online scoring and calculation on a request basis. Loan application data is received as input and then fed to machine learning mechanisms. Returning values are e.g. Win Rate, Win Rate Elasticity, Optimal Interest Rate, Churn Rate, and ROI. These helps banks and credit institutions to set the right price on loans from the very start based on the probability of winning a loan application, risk and profitability.

In other words, our solution goes through the whole loan lifecycle – from loan origination to loan closure and provides knowledge-based recommendations to enhance your profitability.

Essentially, this means that a financial institution can utilize the solution to guide them when determining what is the optimal credit risk appetite, what is an adequate pricing, and how to best control customer acquisition costs. It also broadens a financial institution’s capabilities to develop personalized offerings and customized service models.

Getting Started

To explore our Profit Scoring API, please follow the link to learn how to register and request sandbox access.
https://developer.credit.tietoevry.com/profit-scoring/documentation/sandbox-access