We deliver precision analytics for better risk prediction around consumer & SME credit. There is $10 trillion of global lending capacity that is mispriced or unused, across consumer and small & medium-sized enterprise (SME) portfolios, due to the reliance by banks and other lenders on linear regression-based models offered through FICO, Experian, Equifax, Transunion, Dun & Bradstreet and national credit bureaus. New data-driven techniques developed by Prof. Alex “Sandy” Pentland at the Massachusetts Institute of Technology offer a dramatic performance improvement, with a predictive (versus rear-view-mirror) model. Field trials with real banks have shown the system can produce 30% to 50% better prediction of credit events than linear regression (credit bureau) models, without requiring 3 years of credit history. An experienced industry team led by David Shrier is commercializing this technology. Team includes former COO Innovation for State Street, former co-head of quant for Ban...
We deliver precision analytics for better risk prediction around consumer & SME credit. There is $10 trillion of global lending capacity that is mispriced or unused, across consumer and small & medium-sized enterprise (SME) portfolios, due to the reliance by banks and other lenders on linear regression-based models offered through FICO, Experian, Equifax, Transunion, Dun & Bradstreet and national credit bureaus. New data-driven techniques developed by Prof. Alex “Sandy” Pentland at the Massachusetts Institute of Technology offer a dramatic performance improvement, with a predictive (versus rear-view-mirror) model. Field trials with real banks have shown the system can produce 30% to 50% better prediction of credit events than linear regression (credit bureau) models, without requiring 3 years of credit history. An experienced industry team led by David Shrier is commercializing this technology. Team includes former COO Innovation for State Street, former co-head of quant for Bank of America Merrill Lynch, former Chief Data Officer of Dun & Bradstreet. Advisors include former CEO Wolters Kluwer Financial and former CEO of E-Loan, Prosper and Ripple.
More information

Recommendations