Credit underwriting solution for a big industrial and lending services provider, wishing to move away from business rules to risk-based decisions.
Industry type: Industrial Services
Key Products & Services: Commercial Support, financial services
Geography of Operations: USA
Tosh Inc, created a database that blended customer data acquired internally with external providers like credit bureaus and fraud detection services. And they felt the need of filtering, transforming, and aggregating data carefully, using the right tools. Tosh Inc asked Utah Tech Labs to create a tool that would be able to predict future performance and answer the following questions:
After thoroughly analyzing the industry and regulations, Utah Tech Labs team has selected several tools suitable for Tosh Inc data processing such as logistic regression, decision trees, random forest, gradient boosting techniques and more!
Also, we believe that deployment is of key importance. Even if you have a secret formula, in order to be able to use and get revenues you need to know how to deploy it. That is why we pay a lot of attention to finding and analyzing the right deployment strategy.
With an increased capacity, scalability, functionality, reduced maintenance and cost for computer infrastructure and in-house staff.
The information is transferred, processed, and feedback is returned back with 100% safety.
Including predictive and real-time diagnostics, with error-correction that requires little or no manual intervention.
No stress. Requiring minimal effort from clients.
With cloud-based solutions, API calls, and automated processes, Tosh Inc. reduced processing workload and improved customer experience. Now customers can get a hassle-free loan in a few minutes both online or in the store.