Provenir vs. In-House Decisioning Platforms
The closest thing to building it yourself.
We get it — you want the control afforded by building your decisioning platform in house. After all, it’s an integral part of your tech stack and it deserves your full attention.
But building internally isn’t always the best option for your business, and there are a few key factors to consider before launching your build. For example, what if you could configure a platform to your exact specifications without having to build every component? Or if you could achieve industry-leading technology without the vendor reliance?
With the Provenir AI-Powered Risk Decisioning Platform, you can.
Build or Buy: Provenir vs. In-House Decisioning Platforms
Provenir
Our platform is designed as the foundation for your decisioning and data needs. We empower your teams to quickly and easily combine processes into one all-encompassing solution. And our no-code platform eliminates excessive reliance on development resources.
In-House
While being in control of creating and maintaining components might seem like a plus, it means adding a considerable workload to your development team’s plate. And when in-house resources aren’t enough, you’re left with the task of trying to fill skills gaps in a highly competitive job industry.
Provenir
Provenir is designed to support rapid onboarding and initial deployment, which means you’ll start seeing ROI from your investment in weeks. No-code technology makes launch, innovation and expansion a breeze. We also offer pre-built solutions and services to accelerate time to market.
In-House
Internal builds are notoriously long. Not only are you responsible for designing the entire system, you then have to build each component from the ground up. This responsibility also includes connecting to other systems, and ensuring internal and external data integrations happen seamlessly.
Provenir
Provenir’s Data Marketplace makes connecting to a wide range of data providers fast and easy. Users can also leverage integration wizards to simplify and accelerate integrations to any other system or data source. Our intuitive drag-and-drop interface enables business users to connect and map data in minutes, giving you deeper risk analytics insights.
In-House
Hard-coding integrations place a heavy demand on your internal dev teams, especially when business strategy creates evolving needs. Building your own decisioning platform not only requires integrating both internal and external systems, but also slows down future access to new data sources.
Provenir
Cloud advantages mean better security. Provenir works with highly secure clouds including AWS, Azure and GCP to ensure your data is tightly locked away. Provenir establishes secure connections for every process, remaining compliant with local security regulations around the globe.
In-House
When you build your own decisioning platform, you’re responsible for maintaining high levels of encryption to protect valuable consumer data. You’re also reliant on internal teams to maintain advancing security standards — or you risk both legal issues and loss of consumer trust.
Provenir
Eliminating vendor reliance, the Provenir AI-Powered Risk Decisioning Platform puts you in control of risk, decisioning, integration and business intelligence processes. That means everyday tasks, new deployments and product launches can be entirely handled by anyone on your team. But don’t worry — we’re always here if you need us.
In-House
It’s common for technical control to stay with overburdened development teams during in-house builds. That means required changes are placed in a development queue, creating delays for testing, deployment, updates and new initiatives.
Provenir
Provenir uses the most up-to-date foundation, including cloud-native technology, microservices and APIs to build risk analysis tools and decisioning platform components. Adjustments based on evolving business and market needs are simple — and Provenir auto-scales, supporting your business without the need for manual, hands-on intervention.
In-House
One of the biggest challenges of internal builds is creating a solution that intelligently and easily accommodates updates. From changes in business goals to integrating new technology, your dev team will always be responsible for ensuring your tools stay agile and able to support new strategies.
Our platform makes us unique. Our results make you stand out.
Agur Jõgi, Chief Technology Officer, Bigbank
“The Provenir solution is an important element in our transformation. The interface is so visual that it is simple to design effective, transparent business processes.”
Jeff Lively, VP of Dealer Services, GM Financial
“We have deep insight into every application and contract as we can instantly get real-time information whenever we need it.”
Magnus Silfverberg, CEO, Dun & Bradstreet
“Provenir plays a vital role in navigating this balance between compliance and speed, because it gives us the ability to orchestrate all of our scoring and compliance processes very quickly.”
“The flexibility and ease of use of the Provenir platform allowed us to complete a very complex project in record time with nearly half as many resources and over a 50% cost reduction.”
Gabriel Grynsztein, Strategy Lead, Risk Infrastructure
Brian Billingsley, CEO, North America, Klarna
“Provenir has delivered a solution that increases our agility and responsiveness to clients. The implementation of Provenir’s software will contribute towards Klarna’s global market goals.”
Companies like you choose Provenir
AskIf
Uma das poucas fintechs lideradas por mulheres no Reino Unido, a AskIf é uma empresa com a missão de conceder empréstimos a pequenas empresas dignas de crédito, mas incapazes de obter financiamento de credores tradicionais, preenchendo a lacuna anual de GBP 1,5 bilhão existente para PMEs no Reino Unido.
Rent-A-Center
Nas lojas Rent-A-Center, rentacenter.com e quiosques Acceptance Now instalados em lojas parceiras de varejo, a Rent-A-Center (RAC) aprova os clientes e assume o risco na compra de móveis, eletrodomésticos, eletrônicos e computadores.
SoFi
Após o Covid e um cenário político em constante mudança nos EUA, muitos detentores de empréstimos estudantis estavam incertos sobre seu futuro e a dívida de empréstimos estudantis que carregavam.
Doruk Faktoring
A missão da Doruk Faktoring é expandir seu portfólio de clientes corporativos atendendo micro e médias PMEs e fornecer as soluções de faktoring mais rápidas e fáceis usando canais digitais e soluções analíticas.
Our reach is global
Provenir operates around the world, providing you with the data, technology and support you need to power a global business. We’re your go-to partner, regardless of time zone.