PARC – Automatic Risk Evaluation Platform
The last years have been marked by the financial crisis. With all its perils, it has also become a driving force for change, specially for new forms of financing like peer lending. In such scenarios, a reliable credit score tool becomes a very important asset for investors. Sysmatch is now developing a new platform for automatic credit risk evaluation. With interfaces B2C and B2B, the platform leverages state of the art Machine Learning techniques to deliver a fast and reliable service for companies and individuals.
Who will benefit from this tool?
- FinTech’s by providing extended information on investment opportunities and thereby reducing risk for investors.
- Investors will be able to make more rational investment decisions.
- Borrowers will be able to demonstrate their credit wordiness whenever necessary.
- Low cost and reliability
- REST API provides easy integration with other platforms
- Integration with EU’s PSD2 directive
- A fast, secure and reliable way to get a credit score
At its core, PARC uses algorithms like XGBoost and other techniques to deal with the specific nature of credit risk data.