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Industry: Decisioning

Provenir Extends Its Platform to Support Python

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Provenir Extends Its Platform to Support Python

Pre-integration with the powerful programming language will make it even easier to operationalize complex credit risk models – with added artificial intelligence (AI).

New York, NY –  Date February 2018 – Provenir has expanded its risk analytics and decisioning platform to support the increasingly popular programming language Python. The platform’s new pre-built connectivity with Python will ultimately help data scientists and risk professionals create more sophisticated statistical models at higher speeds – using AI to drive faster, more reliable credit risk decisions.

Python is a powerful, interpretive language based on open source software, with access to an ever-widening range of algorithms and data libraries. Its speed, flexibility, stability and ease of integration with almost any information source have made it today’s go-to tool for data scientists. And because it works so well with AI, Python enables you to build self-sufficient models that process historical data, bringing new levels of machine learning to risk decisioning.

“Our platform’s pre-integration with Python opens exciting new possibilities for developing and operationalizing credit risk models,” says Paul Thomas, Managing Director at Provenir. “In the lending space, non-linear models with a greater number and variety of data variables can gain a more accurate picture of prospective customers – and potentially reach new demographics without increasing credit risk. When accessed through Provenir, Python’s power, flexibility and AI capabilities will help providers bring such complex risk analytics to market more quickly.”

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Dun & Bradstreet Partners With Provenir To Deliver Next Generation Risk Decisioning Solutions

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Dun & Bradstreet Partners With Provenir To Deliver Next Generation Risk Decisioning Solutions

Dun & Bradstreet, pioneering Smart Data to enable customers to make smart decisions, announces a partnership with Provenir, a provider of global real-time, risk decisioning solutions. The collaboration paves the way for innovative, real-time risk decisioning services for European businesses.

In search of growth and cost efficiency, companies in Europe seek solutions to optimize their credit risk processes. Agile solutions that can respond quickly to rapid and on-going business and regulatory changes are vital. Dun & Bradstreet has a long history in delivering decision-making platforms to help businesses automate processes and make data-driven decisions. The partnership with Provenir empowers the next generation of solutions, using the Provenir Risk Analytics and Decisioning Platform.

“We are committed to providing the best information management, data analytics and risk solutions to our clients,” said Anders Borg, Chief Strategy Officer of Dun & Bradstreet. Borg continues, “The Dun & Bradstreet partnership with Provenir is a strategic initiative which will enable us to build more flexible, scalable and integrated solutions. This will provide business users the ability to create, change and implement data sources, business rules and risk models within minutes. It is the latest example of how we at Dun & Bradstreet are committed to providing an improved customer experience with automated risk decisioning.”

Provenir helps companies implement innovative business processes which improve customer experience and accelerate time to market.  The Provenir solution simplifies the collection and enrichment of structured and unstructured data, enabling data and risk analytics to be performed in real-time.

“We’re very excited to partner with Dun & Bradstreet and support their plans for automated risk decisions and analytics within their portfolio of client offerings,” said Paul Thomas, Managing Director, Provenir. “Provenir’s risk decisioning platform is model, data and technology agnostic, making it highly flexible for Dun & Bradstreet’s purposes. We’re looking forward to working together to deliver great solutions to Dun & Bradstreet’s customer base.”

About Provenir

Provenir makes risk analytics faster and simpler for financial institutions. Our Provenir risk analytics and decisioning platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. We help clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning, serving clients across a broad range of financial verticals including consumer, commercial, cards, payments, ecommerce and auto financing. Provenir is headquartered in Parsippany, New Jersey with UK operations in London and Leeds.

About Dun & Bradstreet

Dun & Bradstreet is a leading European Data & Analytics company. We help companies to find and manage their customers throughout the customer lifecycle. We do that by pioneering Smart Data to enable our customers to make Smart Decisions. We employ 2,400 people in 18 countries and are headquartered in Stockholm, Sweden.

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What is a decision engine and how does it help your business processes?

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