A lending network faced low average FICO scores in their loan portfolio and recognized the potential of ML-driven decision-making to mitigate credit risk.
Plat.AI Indexes are designed to simplify complex data and provide actionable insights tailored to your business needs.
Our plug-and-play service allows you to access predictive scores instantly, streamline your decision-making process, and achieve better results.
Connect to Plat.AI's
plug-and-play index
Instantly access prebuilt
predictive scores
Apply these scores to make
data-driven decisions
It's easy to gain more insight into your data with our indexes. Sign up to use our platform today, or read on to learn more about some of our most popular indexes.
Leverage the power of our CRI index, derived from a machine learning model trained on a dataset targeting segments with higher conversion rates and lower default rates. You can quickly assess lead reliability by incorporating around 60 variables, including lead information and proprietary data from Plat.AI. The CRI index ranges from 1 to 100, with larger values indicating higher reliability.
A lending network faced low average FICO scores in their loan portfolio and recognized the potential of ML-driven decision-making to mitigate credit risk.
Plat.AI partnered with the network and utilized CRI to filter traffic, increasing the share of 600+ FICO score applications.
Plat.AI helped the lender develop a customized ML model, enabling them to approve more reliable clients. As a result, the default rate was reduced by nearly 15%. In addition, incorporating CRI into model building significantly enhanced the data's predictive power, leading to more accurate predictions.
Predict a default rate for a given applicant with our DSI index, which leverages the applicant's company or organization to determine default probability. Based on historical data and AI-driven industry analysis, DSI is an invaluable tool for standalone filtering and data enhancement. Empower your decision-making process with the added insights offered by the Default Stability Index.
A lender sought to improve their underwriting model's data quality.
Plat.AI supplied the DSI index for one year.
Upon evaluating the DSI index, the lender saw a 2% decrease in default rates and a 3% increase in model accuracy. As a result, they incorporated the index into their real-time model. Six months later, the DSI index performed as expected, delivering reliable results.
Empower your decision-making with our ESSI index, designed to evaluate the economic impact of different industries across states. Combining the Employer Stability Index (ESI) with a score derived from jobless claim ratios, ESSI accounts for variations in economic conditions. To receive tailored results, provide the income type, employer name, and applicant state. The ESSI index ranges from 1 to 5, with 5 indicating stability. Utilize the Employer State Stability Index to make well-informed decisions in diverse economic landscapes.
A loan issuer sought to increase loan approvals without adding risk.
Plat.AI developed and integrated a customized ML model with the lender's existing technology. With around 80 features reflecting the current economic situation, the model excelled at predicting customers with low creditworthiness.
ESSI emerged as one of the most crucial features with around 80% importance, enabling the loan issuer to grow their portfolio without increasing risk.
Enhance your decision-making process with our WDSE index, designed to evaluate wage differences in various industries across states. Utilizing AI-powered identification and data from FRED, WDSE captures shifts in hourly compensation levels by industry and state. To receive tailored insights, provide the applicant's income type, employer name, and state of residence.
A lender wanted to enhance their underwriting model and partnered with Plat.AI to integrate the WDSE index.
The lender requested the WDSE index for their entire dataset over a specific period and incorporated it into their underwriting model. In addition, with each incoming loan application, the lender used the WDSE score for improved computation.
Feedback from the client revealed that the WDSE index significantly enhanced their underwriting model, increasing accuracy by 2-3%. In addition, the index has become a valuable component in the underwriting models of lenders who partner with Plat.AI for custom modeling cooperation, consistently proving its quality as a feature.
Elevate your risk assessment capabilities with our FI index, specifically designed to measure the risk of fraudulent applications and identify false identities. This powerful tool helps you detect "untrusted" traffic, alerting you to potential reliability issues. The FI index ranges from -5 to 155, where smaller numbers indicate a higher fraudulence risk. To receive tailored insights, provide the lead's IP address, state, SSN, ABA number, and phone number. Bolster your defense against fraudulent activities and safeguard your business with the Fraud Index.
Experience the benefits of fraud risk assessment without sharing sensitive information with our FI Lite, a simplified version of FI Pro. This user-friendly index ranges from 20 to 130, where smaller numbers indicate a higher risk of fraudulence. To receive tailored insights, provide the IP address, state, and phone number. Choose FI Lite for a secure and efficient way to evaluate fraud risks and protect your business interests.
Plat.AI's partner affiliate networks faced a surge of fraudulent traffic and funded applications.
Plat.AI provided support using FI Pro and FI Lite to combat fraudulent applications.
Implementing the FI Pro and FI Lite indexes helped clients navigate the crisis. FI Pro reduced fraudulent applications by 65%, while FI Lite cut fraudulent traffic by 38%. Beyond addressing this crisis, the FI indexes serve as valuable tools in preventing fraud from occurring in the first place.