Provenir_unified-eBook_230131

thing with your technology. You either wait to make it to the top of the vendor’s priority list or implement a trip hazard solution that will tide you over until something breaks it. But what if your technology was more like a smart home? What could you achieve with a no-code UI to connect to a new data source, make workflow changes and launch a new product? No reliance on IT or a vendor to execute it. Just one solution that has pre-built data integrations and a visual, drag and drop interface to easily make changes to your setup to help you stay ahead in an increasingly competitive market. It’s timesaving and cost-effective— reducing your time to market and enhancing your ability to respond to evolving consumer needs. 2. The Right Data: easy access to real- time, on-demand data We all know that data and analytics are the key to smarter business decisions, but if you can’t access the right data, your business can’t make the right decisions. The same applies in credit risk; the most accurate decisions come from a mix of traditional and alternative data. However, this can leave you with multiple data sources, integrations, and contracts to manage. Without unified data access that feeds into a decisioning engine, credit teams operate on limited insights. Smart homes provide centralized access, connecting dozens of utilities and features through a single UI. Controlling it all is as easy as pushing a button, and customizing it to your needs is just as simple. Want your shades to go down automatically as the sun sets? Do you want your lights to turn on when the shades go down? With one connected interface, you can trigger the right steps at the right time to support your needs. So instead of managing separate functions manually, everything runs seamlessly on its own from only one input.

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