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SPIN Analytics brings digital transformation in Credit Risk Management by leveraging predictive analytics, AI&ML techniques on Big Data.
About
SPIN Analytics developed RISKROBOT, an AI-driven platform that fully automates the Credit Risk Management lifecycle of financial institutions and corporations. Product Analysis: RISKROBOT is a credit risk modelling, validation and management AI platform for regulatory risk requirements in the aftermath of the recent financial crisis. The product is the result of more than 25 years of credit risk-modelling experience and R&D by the team as well as their collective work across major multinational banks. There are three primary components to the product: 1. Data management such as data ingestion, cleansing, normalization and homogenization, culminating in a highly performant, optimal Credit Risk Data Warehouse. 2. Automatic Model Development via optimal modelling techniques and regulation matching. 3. Fully automated Regulatory & Audit documentation report creation
Key Benefits
RISKROBOT drastically reduces the time for data cleansing, model development & documentation by several orders of magnitude from months to days, boosts regulatory compliance, eliminates manual effort, radically improves the agility, capacity & efficiency of Credit Risk Management and enables banks to increase the accuracy of their forecasts. RISKROBOT is a game-changing innovation for the Credit Risk Management industry, as it reduces model development and maintenance time by up to 90% and minimizes total direct and indirect costs by more than 70%.
Applications
Credit Risk Management Department in a Bank or Digital Bank