At the core of any risk optimization plan is having meaningful information to make good decisions. The answers you need are in there, often encapsulated within massive and confusing amounts of data. Sophisticated methodologies such as statistical analysis and neural networks are needed to sift through the data and find the meaningful patterns and relationships. In the end, managing risk effectively comes down to accurately predicting expected outcomes.
ASA's predictive modeling solutions minimize risk by providing the intelligence needed to make informed decisions. Model scores provide a quantitative way to determine risk propensity, and therefore make better decisions.
Here is a sample of the most common types of risk models our clients develop:
- Credit approval
- Credit limit changes
- Fraud (identity, transaction, and authorization)
- Bankruptcy
- First payment default
- Collections recoverability
ModelMAX® is ASA's powerful, yet easy to use, predictive and descriptive modeling software that provides a fast and easy way to develop risk models.
Highlights:
- Build a variety of business specific risk models based on your unique business data
- Determine which variables are predictive of the risk outcome in question
- Analyze variables to understand which values are more predictive than others
- Easily deploy risk models within core applications such as loan origination, credit analysis, and payment processing
- Update and re-deploy models easily and quickly
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