AsiaAnalytics’ credit origination templates helps your financial and insurance services firm achieve ambitious growth by helping you control credit risk. Expand your customer base without exposing your business to unnecessary additional risk - and limit your losses.
AsiaAnalytics’ credit origination template offer the following benefits:
Use customised scoring to identify risky applicants and assign differential limits according to the risk and income level of each applicant;
Use your existing IBM SPSS Modeler installation and incorporate multiple sources of internal and external data;
Reduce costs and limit your losses by filtering out high-risk prospects;
Achieve greater flexibility and control by using the repository for auditing purposes.
AsiaAnalytics’ credit origination template builds upon origination Automation, Risk model based on application forms, Fraud Model, Income Model in conjunction with consulting services.
AsiaAnalytics’ Risk Management template complements IBM SPSS Modeler’s built in functions through the integration of 4 new templates; limit management, risk behaviour model, collection model and Basel II.
Some of the benefits include:
Identify and prevent fraud in real time. AsiaAnalytics’ fraud detection template helps you address the unique challenges of the Chinese market - all while using your existing IBM SPSS Modeler installation. Uncover fraud and act proactively, preventing damages or losses before they occur.
Companies that outsource their non-main business but critical data analytics processes benefit from a high quality work being done externally without having to spend time, energy and resources on hiring and training analytics experts. It allows them to focus on their main business while embedding into their own activities the solutions produced by the external analytics experts. Analytics outsourcing allows companies to obtain highly valuable business insight without having to take care of its research.
Analytics requires solid education and experience in order to be conducted successfully. It is therefore advised to let specialists who were trained for this purpose do the job, working with them as an extended arm of the company’s decision making team.
Availability of AsiaAnalytics’ highly skilled data analysts at a lower cost is a definite advantage for companies. Outsourcing of analytical to AsiaAnalytics can help companies saving up to 50% while maintaining high quality results. It also eliminates the necessity for companies to invest in data analytics infrastructure and technologies.
At AsiaAnalytics, we may adopt both well-established and novel techniques to solve business issues analytically. Our initial objective is always to understand our client's problems and requirement. This allows us to design an effective work plan and to set the priorities for the project.
The typical process for the development of a customised solution for our client's problems looks as follows:
Although analytics outsourcing has proven to be highly profitable, it does not come entirely free of risks. At AsiaAnalytics, we have researched these risks and have taken the necessary measures to ensure these will not occur.
Whenever analytics outsourcing is under discussion, data security is always among the first concerns. As data and information exchange between participants is done mostly online, there is potential for third parties to maliciously try to intercept these exchanges. At AsiaAnalytics, we dispose of advanced security systems that ensure the safety of all the exchanges with our clients.
Although less threatening but yet not to be ignored, misunderstandings between outsourcing parties may be source of inefficiencies. This is why at AsiaAnalytics, we attribute a crucial importance to the first step of any outsourcing mandate, which is the clarification and deep understanding of the client's business objectives.
Furthermore, companies who wish to outsource their analytics tasks may worry about delays from the mandatee when executing projects. In order to mitigate risk or totally avoid such issues, AsiaAnalytics provides its clients with frequent and regular updates regarding the projects' advancement. We are committed to complete transparency, and remain at our clients' full disposal, who can contact us at anytime.
What else differentiates AsiaAnalytics from our competitors as a provider of outsourcing services?
As a destination for analytics outsourcing, Asia stands as the best choice; very good quantitative education, low prices and passion for hard work - all compelling characteristics embodied by the continent. AsiaAnalytics itself is a pioneer in analytics in region. Due to the company's history, experience, geographical location and network, AsiaAnalytics enjoys quick and easy access to some of the most skilled analysts and data scientists in the world. Former employees of multinationals, PhDs in Statistics, Mathematics, Management and highly motivated young professionals are all part of the immediate and extended AsiaAnalytics’s family. Moreover, AsiaAnalytics’ size is just right to ensure optimal communication with our clients. Not too small, allowing us to provide staff availability whenever timely and efficient exchange is required; and not too big, guaranteeing a personal and flexible contact with our customers. Taken together, these factors simply ensure solutions and service levels of unequalled quality.