Data insights power better, faster decisions
Access to real-time data insights and analytics helped the lender make more informed decisions. For example, using these new analytics, a lender partner optimization model was created by assessing each of the company’s lending partners and presenting performance-related insights to decision-makers in an easy-to-use dashboard.
The model quickly showed how each partner contributed to the company’s profitability.
Looking towards the future, the team is exploring advanced analytical predictive modeling in the areas of lender partner price sensitivity, borrower behaviors and loan loss reserves.