Case Study: Finance Company achieves improved underwriting and reduced costs with Angoss KnowledgeSEEKER & KnowledgeSTUDIO

How a Finance Company used Analytics to Improve their Underwriting Operations

A finance company that provides financing to one of the largest direct-sales distributorships and adds roughly 150,000 new loans annually needed to strengthen its statistical underwriting, improve collections recoveries, and find analytics software that was low-cost, low-IT and did not require new or specialized staffing.

They implemented Angoss KnowledgeSEEKER and KnowledgeSTUDIO to identify key market drivers, segment risk with decision trees and correlation analysis, and develop scorecards for collections. The tools helped uncover risk pools and improve underwriting, avoided increases in staff costs due to easy implementation, and showed promising potential to boost collections recovery and reduce collections expenses.