IMPROVE CREDIT SCORING

Predictive models use customer data more effectively to better differentiate levels of applicant risk

RISK BASED PRICING

Segment customers by risk factors more quickly and accurately, rapidly forming credit risk grades

REDUCE FRAUD

Create ‘data detectives’ to spot patterns that are not obvious to humans or traditional models

FAST TIME TO VALUE

Models are built and deployed within two weeks, easily integrating into current insurance application workflows

BETTER CUSTOMER EXPERIENCE

XAI models allow businesses to fully understand and explain predictions in a GDPR compliant manner

The challenge

Deciding which individuals or businesses are most likely to default is critical in lending, and even with perfect datasets can be a complex and potential cumbersome task. Credit scoring models based on classical statistical approaches start to suffer when the data has a lot of inputs, failing to recognise the deeper, complex relationships that can prevent missing good customers and decrease bad customers.

Solution: Explainable AI from Logical Glue

Logical Glue’s XAI delivers business ready, predictive models within days. XAI is quicker, more resilient and more accurate than standard scorecard approaches. The predictive models use customer data more effectively to better differentiate levels of applicant risk. The platform is capital light with rapid time to value, using a fixed cost and predictable subscription model.

Get in touch

Let Logical Glue build you a brighter business future.

Logical Glue’s team of highly experienced machine learning experts can help you to harness the explosive power behind XAI and Data Science: our cost-effective solution provides business-critical assurance through our expert marrying of cloud-based machine learning, data science and lending acumen as an intuitive learning experience.

Let's Talk