Increase loan approval rates with built-in AI-Powered Risk Assessment and Machine Learning for continuous improvement.
Increase scoring accuracy and mitigate risk with data from Open Banking, Credit Bureau, Digital Footprint Assessment, Proprietary Organizational Data and more.
Take advantage of our unique knowledge in risk modeling and generating segmented (In-community) credit scoring.
Continuesly improve your Risk Model with top-notch technology tailored to your business environment.
Proprietary Organizational Data
Partake Profiler
Analyze customer behavior online using Digital Fiitprint Assessment, Fraud Detection, and Online Polygraph.
Open Finance
Access external data from Credit Bureaus, and Online Financial Data
Open Banking
Power Risk assessment with your own insights into customer payment history, activities and other behavior data.
Access external data from Credit Bureaus, and Online Financial Data
Analyze customer behavior online using Digital Fiitprint Assessment, Fraud Detection, and Online Polygraph.
Get instant access to borrowers’ bank account information and payment history.
Power Risk assessment with your own insights into customer payment history, activities and other behavior data.
Access external data from Credit Bureaus, and Online Financial Data
Analyze customer behavior online using Digital Footprint Assessment, Fraud Detection, and Online Polygraph.
Get instant access to borrowers’ bank account information and payment history.
Risk assessment is essential to support businesses in providing financing and expanding their services. Risk assessment tools help analyze a borrower’s creditworthiness based on income, debt, employment, and more. The good news is that Partake provides both non-financial and financial institutions with the necessary tools and data to mitigate risks and increase profitability.
A credit bureau is defined as a credit reporting agency that collects information about a borrower’s financial situation in order to determine their credit score. Partake partners with numerous credit bureaus to extract online financial data and assess future repayment capabilities.
A risk score is a score used to predict a borrower’s creditworthiness and their ability to repay a loan. Based on different layers of complex data, Partake assigns a score between 1 and 1,000 to help you mitigate risk and optimize your offerings.
Credit can be likened to the two sides of a coin, as it possesses both advantages and disadvantages. On the one hand, credit offers the potential for profit through interest and dividends. On the other hand, each credit always carries a risk. This is where underwriting comes in to avoid this risk.
Сredit risk underwriting is the process of assessing the creditworthiness of a potential borrower and determining the risk of potential losses for the creditor. This evaluation allows financial institutions to determine the suitability of applicants for loans, insurance policies, or investments.
The underwriting process is vital for the stability and growth of the financial sector, as it facilitates prudent lending and risk management, ensuring that financial institutions can maintain profitability and solvency.
Okay, underwriting is important, but what exactly does it involve?
To determine potential losses, experts must:
That’s just the tip of the iceberg, as this process involves numerous formulas, years of education, and months of analysis. This is only about loans. Commercial credit underwriting can also be used to analyze securities and other valuable assets.
Don’t endure and lose money on long-risk analysis and poor administration. Partake offers you a solution that can collect and analyze most information fast.
Partake creates credit decision engine software that combines AI learning with ML to maximize risk reduction. The platform is valuable not only for its functions but also for cutting down on the time it takes to make the right choices.
With credit decision software, you can make a decision in a few clicks. You have all the stats, all the risks, and all the potential profits at your fingertips.
We’re committed to maximizing transparency in our engine. Our loan risk management solution is based on:
Partake offers you perfect AI analysis for transparent credit origination, which will be fully secure. If you’re unsure about how the system works, you can book the demo version of the service and compare your own experience and underwriter work with an AI engine. First, you compare results, and then you make the right decision about a loan, about your business, and about using software with an underwriter.
This service is as good for analyzing mortgage risks as it is for servicing your bank in semi-automated mode.
You can read thousands of articles about the advantages or disadvantages of AI underwriters. But why not just check it once?
