Unlock the constraints of your existing decision platform ...€¦ · Risk score Debt to income...

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Unlock the constraints

of your existing decision

platform and step into

the world of flexibility

and data access

through the addition

of Decisioning

as a ServiceSM

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Introducing:

#vision2016

Donna Hall Experian

Christi Brueggeman Experian

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#vision2016

Experian Decisioning as a ServiceSM

US Bank Equipment Finance case study

US Bank Indirect Dealer Services case study

What are we covering?

Measurable results

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Experian Decisioning

as a ServiceSM

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More than 200,000,000 real-time Decisioning as a ServiceSM transactions processed annually

99.998% uptime

Average transaction time less than one second

Tier IV: fault tolerant site

infrastructure (highest and most secure level) design

Primary site in McKinney, TX with resilient dark fiber

network connectivity to secondary site in Allen, Texas

Multiple layers of logical and physical security. Designed to eliminate single points of failure, while providing resilience and disaster recovery

Decisioning as a ServiceSM

is supported

by Experian’s world-class hosting facilities

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Existing credit bureau connections access

Decisioning as a ServiceSM

Your existing business process for accessing credit data

Decisioning as a ServiceSM

Data Attributes Scores Decisions Treatments

Risk score

Debt to income

Approve

Decline

Employment status

Approve

Decline

Standard credit bureau

access method

Inquiry information (Name, address, other information)

Standard credit bureau

access method

Decision and

treatment

Supports: Custom data, model, and attribute delivery, instant prescreen,

prequalification, and instant credit decisions and decision only

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Decisioning as a ServiceSM

enables

expert-level decisioning capabilities

Decision

process Beginner Intermediate Expert

Data Bureau data only Bureau data plus internal

customer information

Bureau and internal data

plus other external data

and triggers

Attributes

No attributes used in

decisioning criteria Risk attributes

Behavior and custom

attributes

Scores Generic risk scores Risk scores, fraud scores,

income scores

Custom scores, bust out

scores, recovery scores

Decisions Simple decisioning criteria Champion / challenger What-if simulation and

shadow processing

Treatments Basic treatments and offers Multiple treatments or offers Assisted-design optimized

treatment strategies

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Integration capabilities

Access to other bureau data

Ability to incorporate custom models and attributes

Flexible decisioning with measurable results

Decisioning as a ServiceSM

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Equipment Finance

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Previous platform was a blackbox

Workflow and data details difficult to extract

Elongated change process

Lack of analytics cause risk for bank

Client challenge

US Bank Equipment Finance

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Core system replacement

► Consistent interface with in-house EFE system

► Report format mapping

Access to Dun & Bradstreet, PayNet, Equifax consumer credit data via Attribute Toolbox™

Access to Experian business and consumer credit data

Control and implementation of custom models and decisioning through the use of PowerCurve® Strategy Management

The solution

US Bank Equipment Finance

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Bureau data mapping to Cortera Level 1 report

Coded 14 different inquiry processes

Re-use data rules and table setup

Analytical Data Mart (ADM) and daily file creation

Shadow environment for validating new models and decisioning prior to production deployments

Strategy Design Studio

The execution

US Bank Equipment Finance

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Solution transparency

► Strategy Design Studio

► Solution partnership

Faster decisioning and risk model deployment

Analytics

Risk assessment PRE production

The results

US Bank Equipment Finance

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Indirect Dealer Services

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Custom model implementation for compliance

Decision flexibility in order to reduce manual reviews

Robust decisioning capabilities

Ability to reprocess a decision

Client challenge

US Bank Indirect Dealer Services

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The solution

US Bank Indirect Dealer Services

Integration with existing FiServ LOS5 system

Two-call process

► Credit data and custom model calculation

► Application decision only

Strategy Design Studio for ongoing decision updates

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Inquiry formatting for flexibility in bureau requested

Delivery of “other bureau” raw data interface

Interface mapping for decisioning component

Strategy design to align with current decision and score matrices

Daily detailed data files for validation, audit and analysis purposes

Strategy Design Studio

The execution

US Bank Indirect Dealer Services

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Custom model implementation for compliance

Decision flexibility in order to reduce manual reviews

Robust decisioning capabilities

Ability to reprocess a decision

The results

US Bank Indirect Dealer Services

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For additional information,

please contact:

@ExperianVision | #vision2016

Follow us on Twitter:

#vision2016 Donna.Hall@experian.com

Christi.Brueggeman@experian.com

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