Predicting the Risk of Default

Predicting the Risk of Default

FINANCE

Analyse unstructured data to mitigate risk within the company.

Our client needed a better way to predict defaults on business loans. Good predictions meant lower business risk - both from the perspective of immediate financial exposure and for the purposes of attracting investment.

Lowering Development Costs

The data is structured. Analysis on the Jiva.ai platform in this case is straightfoward - discover which features of the data actually matter, and then test multiple model types to decipher what works best. Jiva.ai has a full suit of classifiers, from logistic regression to deep learning. Even with very noisy data where there are confounding factors that are not present in the data set, a model of over 80%+ accuracy was achievable.

After a number of rounds of iterations, this incredible value was achieved in less than £10K of platform costs.


Your AI Building Assistant.

Whether you are working within images, video, text, audio or unstructured data - Jiva.ai will be your constant companion on your AI journey.

© 2024 Jiva.ai Ltd. Registered UK Company 11810672. All Rights Reserved

© 2024 Jiva.ai Ltd. Registered UK Company 11810672. All Rights Reserved

© 2024 Jiva.ai Ltd. Registered UK Company 11810672. All Rights Reserved