We recently carried out research into the use of artificial intelligence and data analytics within credit risk management processes at financial institutions, including analysis of the leading solution vendors in this field.
Within this research, we highlighted that in developing and rolling out solutions leveraging artificial intelligence within credit risk processes, key vendors have forged an extensive network of partner relationships, typically integrating these credit risk solutions into the wider innovations being developed in the fintech community (thus servicing the end-to-end lending value chain).
In this short article, which forms part of our Distinctive Insights Intelligence Vault series, we aim to illustrate this point by sharing the underlying data.
Based upon our analysis for the period 1st January 2023 to 1st November 2024 we list below those partnerships which will feel specifically leverage AI to the benefit of credit assessment innovation.
These are just examples, and there are many more. We feel this highlights the extent to which partner integration is proving a key component in enabling the deployment of AI driven technology within financial services.
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