Datanomers | Financial Risk Profiler

KYC, Risk and Compliance Solutions for Financial Institutions
Financial Risk Profiler (KYC & Credit Management)
&
Portfolio Lifecycle Monitor (Automated Portfolio Reviews)

Datanomers has re-imagined how technology can help Financial Services Industry. Financial services industry is embracing disruption of established workflows and processes through technology very quickly. Datanomers' Fintech Platform helps leading Wall Street firms adopt Digital Revolution through automated sales and underwriting for loan originations. Underwriting is a complex process, manually-intensive with a lot of manual overhead and small loan originations can be very expensive. Manual underwriting requires underwriters to search public domain (Internet) for fraud, ownership, criminal records then manually analyze unstructured information for risk assessment. This is a complex process, automated in-part by intelligent machine which analyzes unstructured and semi-structured text. Intelligent machine’s technology = statistical machine learning + grammar-driven semantic analytics. Machine searches/crawls the web, indexes the retrieved information, analyzes for information and automatically enriches the sales/underwriter form with information about the applicant. Datanomers Technology automates underwriting & risk assessment function.





Testimonials
Sandip Nayak
Chief Strategy & AI Officer, Linear Financial Technologies
Lenders make commercial loans based on financials and credit bureau data for an enterprise. This data, however, can be a lagging-indicator of credit risk – if an event were to happen today, it may take a couple of months for it to reflect in the financials as well as the payment history from bureaus. For better credit decisions, we would need to supplement our existing data with alternate data from the web which not only can add predictive value above and beyond the existing data sources but also can be a more leading-indicator of credit/fraud risk. This is what Financial Risk Profiler (FRP) does: mines the web using NLP for credit risk information, KYC information, SIC/NAICS codes, and much more.By complementing FRP’s web data with financials, we have reduced our defaults, as well as lend to more for the same risk appetite. It’s been a competitive differentiator for Linear.
CIO OF A LARGE FINANCIAL INSTITUTION
Chief Innovation Officer
FRP solution has allowed us to bring added significant value to our Financial Services workflow. It provides the rare ability to seamlessly integrate both financial and public internet data to alert for credit risk. The platform by design focuses heavily on Traceability and Explainability, which are key aspects especially given the heavily regulatory environment the industry operates in. And most importantly, FRP has been very quick and easy to adopt for our teams, and easy to integrate into existing workflows!
Case Studies
Linear Financial Technologies
Linear Implements Datanomers Financial Risk Profiler to Better Assess Credit Risk, Enabling Them to Lend to More for the Same Risk Appetite
Large Bank in North America
Large Bank Automates Credit Risk Due Diligence Process Using FRP Platform
Large Credit Union in North America
Large Credit Union Uses FRP To Increase Efficiencies, Reduce Underwriting Cost and Automate Ongoing Portfolio Monitoring