AI can be used in several ways in the UW process to make more agile and efficient decisions. From legitimizing a new customer who applies for credit, to choosing a suitable credit product or optimizing the credit check – the scope of smart data analytics in the credit sector is wide.

By incorporating AI and ML into your UW process, your hardest worker is the one you plug into the wall. Run background checks, fraud detection, and determine credit risk as the application information is gathered. Score a deal without the need to use paper or excel documents.

ML algorithms are trained using your historical experience. Don’t spend hours looking at ratios and graphs. Gather, cleanse, and feed your data into a our ML platform and get a customized and optimized score to use in your UW. Harness the power of your data and put it to work for you.

Automatically track completed and outstanding stipulations for all incoming applications. Directly communicate with the customer to clear requirements and highlight exceptions to your UW policy. Enforce rules and prevent cracks in process which translate into portofolio losses.