Credit Risk Reduction via AI and Machine Learning comes to Bangkok
Atlas Commercial Consulting has been contracted by Knowru – a Machine Learning and AI Software Developer company based in Hong Kong and South Korea.
What is Machine Learning
Machine learning (ML) is basically a branch of Artificial Intelligence (AI), it describes the method of data analysis that automates analytical model building. It works with different sets of algorithms that allow software applications to become more accurate in predicting outcomes without being explicitly programmed. The basic premise of machine learning is to build algorithms that can receive input data and use statistical analysis to predict an output while updating outputs as new data becomes available.
As it is evident from the name, it gives the computer the ability to learn. Machine learning is actively being used today, perhaps in many more places than one would expect:
Best use cases for Machine Learning and AI
- Product Personalization
- Costumer Service
- Fraud Detection
- Cyber Security
- Insurance Pricing
- Credit Default Rates
Our Clients Profile – Knowru
Knowru is a revolutionary platform that deploys your machine learning models (ML models) in minutes. It solves the problem when data scientists and developers use different programming languages by creating Application Programming Interfaces (APIs) automatically for ML models. Knowru automates all tedious processes involved in deploying and managing ML models such as translation, testing and provisioning.
Knowru – providing unique competitive advantages
There are many reasons why the company stands out among its competitors. Knowru is solving a very crucial problem that data scientists and developers commonly face. The issue of working with several different programming languages. – Usually the models that data scientists develop could not be used in production without a long process of translation, testing and provisioning. By creating Application Programming Interfaces (APIs) automatically for ML models, companies in various fields such as online lending, securities, blockchain insurance and chatbot development across the world can now use Knowru to deploy and manage their ML models.
Advantages of using Knowru ML Models
- Multiple Programming Languages: – Creation of Application Programming Interfaces (APIs) automatically for ML models
- Time saving – clients are able to deploy ML Models within hours.
- Reduce Costs – Deploying ML Models can save millions of dollars in weeks in a fully-tested IT environment
Focus on Financial risk management to reduce credit default risk
Using effectively the services of Knowru is an excellent opportunity for lending companies to save time and money and reduce the risk of credit defaults.
For more info please visit our clients Website: https://www.knowrulimited.com/
Further details on request, please contact us