Finbots.ai CreditX is an AI-powered credit risk platform designed to transform credit lending and risk management processes. It offers customized scorecards and facilitates faster deployment for financial institutions.

CreditX uses proprietary AI to build high-accuracy credit scorecards, aiming to augment the efficiency of lending decisions. The platform connects to multiple data sources for data ingestion and automated validation, followed by data treatment processes.

The scorecards are built, validated, and deployed automatically, providing a straightforward model for credit risk assessment and management. The model builder feature allows users to set parameters and modify PD levels to assess model impact.

To ensure accuracy, the platform cross-validates the constructed models using trained and tested frameworks. Once validated, the model’s deployment and monitoring is streamlined with single-click, API-based procedures.

Built with the promise of fair, transparent, and explainable AI, CreditX connects internal, external, and alternate data, enabling a detailed and comprehensive analysis that users can rely on for their credit risk predictions.

Notably, this platform is among the first AI solutions to complete AI Verify, an AI Governance Testing Framework launched by the Singapore Government, reflecting its dedication to promoting trustworthy and transparent AI.

Finbots.ai CreditX is used by multiple financial institutions, demonstrating its practical usefulness and industry acceptance.