Maximize Value Across the Entire Customer Lifecycle
Provenir for Banking Make risk decisions faster than the competition without sacrificing your risk strategy.
Provenir sucessfully onboarded a top five global bank in six months, versus what originally took four years with their initial vendor.
It’s time to upgrade your decisioning technology. Worried about the costs of migrating to new solutions? The cost of doing nothing will inevitably catch up to you – cost of non-compliance, cost of preventing/detecting fraud, cost of non-optimized decisions and non-personalized offers for your customers, cost of not getting to market quickly and letting your competition beat you to the punch… Non-action is a non-option. Take your credit risk strategy to the next level with Provenir’s Data and AI-Powered Decisioning Platform. From the agile, business-user-friendly, low-code user interface to powerful automation and data integration technology, Provenir gives your team the tools it needs to get ahead, and stay ahead, of the competition. At Provenir, we know that to compete in today’s
digital-first world you need to offer innovative products, fast credit approvals, and a world-class consumer experience. But to do this, you need to upgrade your legacy decisioning technology, eliminate siloed data sources, and end your reliance on numerous vendors. Discover how Provenir’s advanced, automated decisioning solution is a one- stop shop for all your decisioning, data, case management, and analytics processes. Experience true agility to win against the competitors taking your market share. And put your risk strategy back in your hands, without waiting days or weeks for your development team.
“With Provenir, we have autonomy and flexibility; we can deliver a best-practice experience in every branch through automated processes that capture rules and decisions made by our most skilled representatives.” - Head of Risk + Finance Engineering, BBVA
Choose Provenir For: Agility and Flexibility:
Make updates in real-time using the drag-and-drop, low-code interface. No more waiting for vendors or developers to make changes, instead business users can make instant updates exactly when they’re needed. Accelerated Strategy Implementation: Provenir forms the foundation for your credit risk decisioning strategy, from testing and deploying models through to building and managing decisioning workflows. Our built-in features, including a single API for data integrations, model-agnostic support, visual testing, and reusable workflows, eliminate the challenges that cause deployment delays. So your team can push innovative new strategies live in minutes, instead of weeks or months. Data Orchestration and Aggregation: Real-time, on-demand data access to hundreds of data sources through a single API eliminates siloed data environments. Security and Compliance: Whether in the cloud or on-prem, satisfy all compliance and security requirements, while ensuring reliable performance. With Provenir’s ISO/IEC 27001 certification, you can be sure your data protection and information security needs are being met.
Do you share these decisioning challenges?
Fintech Competition Understanding Consumer Expectations Need for Agility and Flexibility Security and Compliance Aging Infrastructure Data Orchestration and Aggregation
Reduced development resources by nearly half Reduced cost by more than half
Runs 90% fewer tests Can adapt quickly to policy updates and implement changes for best-practice compliance and governance
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Over 45% of Provenir’s banking customers globally were migrations
Discover More Agile, Modern Decisioning:
Make risk decisions faster than the competition without sacrificing your risk strategy. Real-time data access to hundreds of data sources through a single API, advanced analytics based on your unique risk profiles, case management capabilities, and independence from vendors and your IT teams allows you to launch new products alongside legacy decisioning in less than half the time.
from leading competitive vendors.
• Manage demand with autoscaling and flexible technology that grows with your business needs • Simplify creation of complex automated workflows with visual drag and drop interface • Provenir Decisioning plumbs into any existing workflows /solutions to ‘play well with others’ • Self-sufficiency with a lack of reliance on vendors and internal resources enables time and cost- savings for a lower total cost of ownership
• Quickly address new fraud threats • Global multi-tenant and cloud- native decision engine for flexibility, security, and compliance • Rapidly respond to new competitors and launch new products quickly, for a more superior, personalized banking experience • Easily test different data sets, decisioning workflows, and credit models to optimize your risk strategy • Encourage collaboration with testing and real-time iteration
“Provenir eliminates manual work by gathering the necessary credit and verification data from multiple sources… decisions each credit card application in under two seconds.” - One of the top 20 credit card issuers in the United States
Ready to explore the next generation of decisioning technology?
Explore What’s Possible
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