Perfios CreditAssist
AI-Powered Credit Underwriting for Faster, Accurate Decisions
Perfios CreditAssist leverages AI to streamline credit underwriting by automating financial analysis, fraud detection, regulatory compliance checks, and policy checks for faster, accurate
decisions.
How Perfios CreditAssist Works
Data Ingestion and Analysis
Aggregates data from financial documents and 750+ alternative sources like company profiles, litigation data, and compliance alerts.
360* Cross-Analysis
Cross-analyses financial metrics across bank data, GST, ITR, MCA, Bureau, EPFO, and financial statements for unified, accurate assessments
AI-Powered Insights
Utilises trained LLMs to generate precise, application-specific insights.
Automated Policy Checks
Applies pre-set policies to flag compliance breaches.
Real-Time Responses
Provides accurate, context-specific responses to underwriting queries instantly
Key Features
AI-Powered Query Assistance
Real-time answers to underwriters’ queries using NLP through an interactive 2-way dialogue.
Smart Query Prompts
Suggests follow-up questions to enhance decision accuracy.
Data Integrity Guardrails
Prevents hallucinations with built-in data safeguards, keeping AI responses accurate and application-specific
Multi-Document Reconciliation
Cross-validates financial metrics from various sources for accuracy.
External Database Validation
Integrates alternate data and open data sources for enhanced assessment with additional cross-validation
Risk & Strength Indicators
Flags anomalies using transaction and external data analytics to identify key risk factors and strengths
Fraud Prevention
Detects discrepancies and fraudulent patterns through cross-analysis.
Regulatory Compliance
Ensures regulatory adherence by thoroughly analysing negative indicators in filing details
Benefits
Faster Decisions
Reduces decision-making time from hours to minutes with automated analysis and memo generation.
Automated Detailed Memo Generation
Generates detailed memos automatically for underwriters to review, reducing time and effort
Enhanced Fraud Detection
Detects discrepancies and fraudulent patterns through un-biased risk analysis, being aligned with policies.
Improved Compliance
Flags policy breaches automatically and suggests mitigation recommendations, ensuring adherence to regulatory standards
Underwriting Consistency
Centralized, policy-driven AI models enforce uniform underwriting standards, ensuring consistency and compliance
Perfios Impact
99% Accuracy in fraud detection and risk assessment
72 million documents verified annually
<1 Minute TAT for generating CAM reports.
1.8 billion USD saved annually through fraud prevention
Transform your credit underwriting process with AI-driven insights, automated policy checks,
and faster decision-making.
Automate financial statement analysis and make faster, data-driven lending and investment decisions.
