Case Study: Weshare achieves faster lending decisions and lower maintenance costs with Sparkling Logic SMARTS

Weshare cuts lending decision maintenance costs by 80% with Sparkling Logic

Weshare Finance, a major Chinese provider of urban financial products, faced challenges scaling its lending business due to a lack of separation between IT and business teams for risk management ownership, lengthy time-to-market for new rules, and high maintenance costs. To address this, they partnered with Sparkling Logic to implement its SMARTS decision management platform, aiming to empower their line-of-business experts.

The Sparkling Logic SMARTS solution provided a web-based environment for business users to directly manage and model risk decisions. This resulted in a 90% reduction in development cycles and an 80% saving in maintenance costs. Team sizes for managing a product line were reduced from 10 to 2. The success led Weshare to expand SMARTS beyond risk management to also handle marketing and customer success decisions.

Weshare