Solutions

Tailored Solutions for Enhanced Decision-Making

Unleash the Full Potential of Your Business with Riskbite

Utilize optimization and multiple scorecards to grow origination, profit and reduce risk

Profit optimization is a process that finds and develops decision strategies that are more profitable, more capital efficient, less risky and meets business goals and constraints.

Problem

Predictive models are only one side of the coin, the full financial decision includes not just accept or reject rule, but also credit limit setting, allowed term range, pricing, early repayment risk, win-rate risk and others.

Solution

Combination of all business facets into Action/Effect model. Ability to pick desired outcome with set constraints to find optimal decision strategy.

RiskBite utilises search algorithms for optimal decision strategies.

Technology

  • Machine learning
  • Action-Effect modelling
  • Mathematical optimisation
  • Dynamic decision outputs (limits, accept reject, price, term)
  • API access to decision model

Use case: B2B service provider – Poland

  • Portfolio Profitability Analysis – Conducting in-depth reviews of financial performance to identify areas for improvement and potential growth.
  • Construction of Scoring Models – Developing predictive models to estimate the rate of return from individual customers, enhancing decision-making processes.
  • Cooperative Strategy Implementation – Collaborating on the development and implementation of strategies aimed at increasing the company’s profitability.
  • Periodic Monitoring of Portfolio Quality and Model Effectiveness – Regularly assessing the quality of the portfolio and the accuracy of scoring models to ensure ongoing effectiveness and adjust strategies as needed.
Back