Decision Management System (DMS)
Deploy automated credit decisioning strategies tailored to your specific business logic.
Schedule a DemoFinflow360’s Decision Engine offers unmatched borrower evaluation accuracy, adjustment flexibility, seamless integrations, and business processes tailored to any operation’s needs.
The DMS uses comprehensive credit decision flows based on Finflow360’s proprietary AI-powered decisioning algorithms and alternative scoring data. This allows the business owner to streamline and fully automate their credit processing and achieve almost instant lending decisions, no matter the credit product.
Solutions Finflow360 Offers
- Use the decision rules that come built-in with Finflow360 Decision Engine to reduce costly third-party reports. Only pull the data you’re going to use.
- Finflow360 Decision Engine becomes the Single Source of Truth for your business enabling intelligent credit processing.
- With 75+ integrations preconfigured, you can easily use any external or internal data sources in credit processing:
- Background Checks
- Credit Bureaus / Alternative Credit Data Repositories
- Third-Party Scoring Models
- In-House or Third-Party Software/Bookkeeping Systems
- E-commerce Engines
- Transaction Data (bank statements, e-commerce history, etc).
- Back-end users don’t have to re-key customer data into the system - data from different workplaces and sources syncs up automatically.
The Finflow360 Unique Value Proposition
- Finflow360 DMS processes 460+ loan applications a second without any losses in decisions’ quality.
- Rapidly test and deploy scoring models and comprehensive decision strategies with less friction and deployment delays.
- Solutions tested and proven in 50+ markets on 250+ credit products and using 2500+ decision rules. These products have earned recognition in all types of lending businesses and continue to work without interruptions even in crisis situations.
- Use the built-in AI-driven decision rules and scoring models to reduce third-party reports costs to a bare minimum.
- Numerous relevant software solutions and services are pre-configured for easy integration with Finflow360 at any point in the lending business’s life.
- Build a flexible solution that is not hardcoded allowing for future changes to be implemented swiftly and with ease for maximum time savings.
- Bring risk, business, and operations teams to one system with tailored experiences for each role.
- Avoid delays on credit decisioning, meet business objectives and make smarter decisions on each loan applicant.
- Credit product settings flexibility that allows your team to do days’ worth of work in a matter of minutes.
Problems Lenders Face with Collecting Credit Decisioning Data
Finflow360 ULM for complete automation of the peer-to-peer crediting process.
Borrower does not have a sufficient credit history, FICO scores, or lacks formal credit bureau data altogether.
Lends to a niche market and needs to take specific external data into account.
Substantial sets of borrower data aren’t being used for alternative data scoring (e.g. bank account statements, e-commerce transactions, flight bookings, bill payments, etc).
KYC & AML compliance is too complex and time-consuming (ID verification, bank verification, address, employment, income, collateral valuation, lien search, etc).
Dynamic Business Environments
To adjust to dynamic business environments, meet business goals, have rapid time to market, and make faster operational decisions with less risk, companies need a single decision management system for the entire decisioning lifecycle. Get in touch today with the Finflow360 team to learn more about our decision engine capabilities.
Talk to an ExpertDigital Credit Decisioning
Problems Lenders Face When Digitizing Credit Decisioning
Your decision process is too niche for mainstream solutions (unique qualifiers/regulations, non-traditional scoring, etc.)
Lenders have several types of credit products that have completely different workflows/teams/etc.
Regulators do not allow “black-box” credit policies
Regular changes in Operations/Data teams
Uncompetitive turnaround time due to manual processes
The need to comply with different state-by-state or country regulations
The Solutions Finflow360 Brings
Rely on the adaptability and ease of use of the Finflow360 DMS. The intuitive interface is easy to configure, test, and deploy new decision strategies and UX logic within hours, not months.
The system comes with configurable credit scoring, advanced credit policies, business rule sets, and relevant data sources that allow for simple regulatory compliance.
Configurable loan statuses to mirror your process
Finflow360 combines traditional and alternative risk assessment approaches to increase the accuracy of credit decisions with A/B testing and the Champion/Challenger model.
Utilize a holistic and intuitive view of a borrower’s profile
Scorecard consulting specific to your country and industry
Expert business analysts on call for your professional needs.
What You Get with the Finflow360 Decision Engine
Finflow360 ULM is pre-configured for intelligent automation of different credit products and lending models in a single platform.
01
Proprietary machine learning algorithms with deep neural networks to assess risks and evaluate borrowers.
02
Sophisticated scoring models with multiple scorecards and credit decisioning rules to choose from. Either use the models and rules as-is or fully reconfigure them with your own business rules, verifications and checks, calculations, and logical conditions.
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Support of different loan types with varying logic and evaluation criteria.
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Simple integration with your existing core software system or the Finflow360 Unified Lending Management solution.
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Decision Engine can operate as a part of the Finflow360 Unified Lending Management solution.
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Intuitive API Client management for integrations with any third-party data sources and solutions.
Success Stories
We looked at other lending solutions. But Finflow360 was just more accessible and...well, ‘turn key.’ Now we're on a level playing field with the bigger guys without the overhead. This, and intelligent credit scoring, helps us provide our borrowers with affordable loans while working at a profit.
We looked at other lending solutions. But Finflow360 was just more accessible and...well, ‘turn key.’ Now we're on a level playing field with the bigger guys without the overhead. This, and intelligent credit scoring, helps us provide our borrowers with affordable loans while working at a profit.
In-house financing enabled by Finflow360’s automation lets us grow our business and provide a superior experience to our clients.
In-house financing enabled by Finflow360’s automation lets us grow our business and provide a superior experience to our clients.
Love the true cloud-based approach. Simple setup for loan products and key integrations out-of-the-box make it easy to deploy and get running. Out-of-the-box fraud checks and some limited loan application customization out of the box is nice.
Love the true cloud-based approach. Simple setup for loan products and key integrations out-of-the-box make it easy to deploy and get running. Out-of-the-box fraud checks and some limited loan application customization out of the box is nice.
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