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…