Use your client's transaction data to obtain valuable credit insights
Other players in the industry focus on PSD2 disclosure or data gathering. For us this is merely the start. We commence with this data as our raw material to describe, diagnose and ultimately predict the financial situation of your customer. We leverage our deep expertise delivered by over 40 exclusively quantitatively educated colleagues (econometrics, mathematics, physics) to extract as much information as we can from the data. We continuously search for additional data sources and you benefit from our ever expanding set of analytics in our Analytics Library.
In the corporate credit edition you will be able to assess the development of turnover and the quality thereof including customer concentration analysis
Other loans taken out by the customer can be detected and payment behavior on these loans will be extracted from the bank transaction data.
In the corporate credit edition all information will be used to provide you with a proprietary credit score to help you quickly assess who you want to extend credit to. This credit score has a dynamic character and is adjusted when updated transaction data merits a change of the credit score up- or downwards.
In the consumer credit edition you will gain insight in amongst other the income position of your customer including volatility and frequency of income.
Life events detection
Life events such as unemployment, divorce or birth can be detected as valuable indicators during the monitoring phase of the credit.
Income and means test
Rather than requesting documents such as salary slip or proof of housing costs, the RiskQuest Navigator can extract these from the bank transaction data and perform a full income and means test in according with the latest VFN code of conduct.