Credit and fraud risk solutions developer ID Analytics has expanded its credit score solution suite by introducing Credit Optics Full Spectrum Portfolio.
The alternative credit risk solution is designed to help clients to manage credit risks and identify growth opportunities.
It combines traditional credit data and credit-relevant alternative data with patented analytics to deliver deeper insights about credit behaviour.
The Credit Optics Full Spectrum Portfolio is also expected to foster the relationship between the client and the borrower.
ID Analytics CEO Ajay Nigam said: “Credit Optics Full Spectrum Portfolio was designed to help lenders drive growth and reduce potential credit loss exposure with early insights into shifts in customer creditworthiness.
“With the addition of ID Analytics’ portfolio solution, organisations are now able to leverage the power of the Credit Optics Full Spectrum solution for improved decision making across the customer lifecycle, from prescreen campaigns, to new customer acquisition, to account management.”

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By GlobalDataThe Credit Optics Full Spectrum Portfolio is developed to use modern lending behaviours such as telecommunications and online lending relationships.
Accordingly, it offers better insights on financial stability enabling the clients to scale up growth.
Furthermore, it offers early insight into financial stress facilitating risk management decisions before it worsens.
A Symantec company, ID Analytics focuses on delivering consumer risk management solutions. It caters to financial institutions as well as other industries to support in taking risk-based decisions to increase revenue and reduce frauds.