James, an AI-powered tool for faster, more accurate credit risk assessment
- Portugal
- 5 min read
- Apr 12, 2019
- By Gareth Gardiner Jones
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Capable of analyzing over 7,000 types of data, the award-winning credit risk tool for financial institutions is also quick to install and roll out
Backed by high-profile ex-bankers, the Portuguese fintech platform James is now managing credit risk portfolios totaling over US$5 billion. Clients using its risk management software include medium-sized financial institutions like France's Cofidis, Spain's Evo Bank and Angola's Banco Postal. It has also been tested by 30 financial institutions, including giants ING and ABN-AMRO.
In a recent study, McKinsey found that a major setback to introducing new digitized systems is the legacy IT systems that account for 70% of the data digitization challenges. Although large institutions like JPMorg...
In a recent study, McKinsey found that a major setback to introducing new digitized systems is the legacy IT systems that account for 70% of the data digitization challenges. Although large institutions like JPMorg...
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