43.3 F
New York
Tuesday, January 31, 2023

Date:

Share:

TruDecision Announces the Launch of TruDec AE to Deliver Powerful Attributes That Boost the Predictive Power of Lender’s Models

Related Articles

Morrissey Goodale AE Firm Survey Reveals More Raises in Store for Architects and Engineers and the Outlook for 2023 is Positive

Natick, MA, January 30, 2023 --(PR.com)-- According to a January 2023 survey of 200 AE firm executives conducted by management consulting firm, Morrissey Goodale, 70%...

New Management for Local Self Storage Facility in Midway, Georgia

Midway, GA, January 27, 2023 --(PR.com)-- Local acquisition of Midway Climate Controlled Storage is bringing professional self-storage management to the city of Midway. The facility...
Irving, TX, January 19, 2023 –(PR.com)– TruDecision announced today the launch of their credit attribute engine TruDec AE. The engine integrates application, loan structure, credit bureau and alternative data to provide lenders the next generation of modeling attributes. The product is calibrated for all credit bureau formats and allows lenders to customize their own suite of factors to create predictive models and to control credit policy.

“Today, companies have access to many different modeling forms such as machine learning, logistic regression and support vector machines,” said Daniel Parry, CEO of TruDecision. “It does not take much effort for analysts to compare competing models to see which form provides the best results, but this effort is limited by how much predictive power is available in traditional data attributes. For years, lenders have been able to acquire thousands of summary variables that are…

Read more…

Popular Articles