Metrics Monthly | July 2019 | AU Edition

The result Since the launch of ADP within Evolution Money, they have been able to utilise a decisioning platform which has pro- duced a scaleable model within their online customer journey to automate their credit risk policies. The solution was delivered within budget and on time, due entirely as a result of the collaborative and knowledgeable teams at Evolution Money and LendingMetrics. Following training, the Evolution Money team is now using the ADP in- terface to change their credit decisions in real time, “champi- on challenge” their rules and analyse the results within ADP. Steve Daly, Evolution Money’s Programme Manager said that “we have strong growth plans to expand the Evolution Money brand and further automate our current manual processes.

It was important for us to secure a technology partner who possessed the solutions to facilitate our plans, whilst provid- ing a fast and flexible platform”. With the success of ADP, Evolution Money now has plans to roll out the platform across all their business operations. This includes implementing ADP into their manual underwrit- er processes, as well as automatically decisioning against applications they receive from brokers. As part of using an automated platform, Evolution Money did not want to detract from their company ethos of viewing each application - case by case. However, due to ADP’s noteworthy task function- ality, Evolution Money will still have the ability to view each customer’s credit file allowing them to still review these on a case by case basis.

Summary The combination of highly automated decisioning and in- dustry experience has delivered a scaleable solution. The client has successfully migrated to ADP with minimal business disruption and is enjoying the benefits of being in

control of managing their credit risk decisions in real time. The companies worked well as a team, growing their com- bined knowledge and are looking forward to cementing the relationship with further projects.

+61 (0) 8946 79555 | www.lendingmetrics.com/au

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