Decisioning Engine
Make quick, accurate credit decisions, automatically
Discover a seamless way of verifying a customer’s credibility and risk exposure. Build your own decision trees and make better decisions faster.
Save time on risk assessment tasks
This is Decisioning Engine
Manual credit decisioning requires hours of data analysis. The process is strenuous, time-consuming, and prone to human error. The Decisioning Engine tool automates workflows and operations and makes credit decisions smarter and easier.
Build your own credit rules
Create and set your own conditions and workflows to pull data from various sources. Optimize your decisioning processes effortlessly.
All easy and automated
Workflows and rules you create are automatically added to all customers’ accounts. No need to waste time copying and adding them from scratch.
Laser-focus precision
No manipulation or human error. The data is accurate and delivered directly from the bank. Credit decisions are fully automated, without any disruptions and uncertainties.
Excellent transparency
You get a clear overview of all relevant financial health indicators. No ambiguities or doubts, you see each decision broken down into prime factors.
Based on bank-confirmed data
Credit decisions are made based on accurate information, confirmed, and delivered directly by trusted banks.
Real-time processes
No delays involved. Credit decisions are made instantly after the financial and transactional data is analyzed, with a few clicks.
How it works
The credit decisioning engine comprises relevant components and metrics to provide fast and accurate lending decisions. This is how the engine works step by step:
Define your products
First, you add the products that need financial data assessment and credit decisioning. Make sure you add all financial products and services you offer to your customers.
Define proper conditions and decisioning rules
Each financial product can have its own set of rules and conditions. You can simply and quickly define customer statuses such as ‘Pass’ (positive decision), ‘Refer’ (needs further review), and ‘Reject’ (application rejected).
Get an automated credit decision in seconds
Every time new data input is uploaded, the predefined rules recalculate the numbers. The system uses insights from data analytics to make informed lending decisions and approve, reject, or refer applications for further review.
Define your products
First, you add the products that need financial data assessment and credit decisioning. Make sure you add all financial products and services you offer to your customers.
Define proper conditions and decisioning rules
Each financial product can have its own set of rules and conditions. You can simply and quickly define customer statuses such as ‘Pass’ (positive decision), ‘Refer’ (needs further review), and ‘Reject’ (application rejected).
Get an automated credit decision in seconds
Every time new data input is uploaded, the predefined rules recalculate the numbers. The system uses insights from data analytics to make informed lending decisions and approve, reject, or refer applications for further review.
We’ve got all financial products covered
Decisioning Engine is a comprehensive tool that may be used for any financial product. Add as many products as you need, using over 150 variables to classify and analyze customers’ bank transactions.
Automatically and transparently assign your financial products to your customers, based on accurate transactional data and customers’ spending behaviors.
Mortgage
Car leasing
Personal loan
Manage your products easily
With Planky Decisioning Engine, managing your financial products is a snap. It enables you to test products before they are launched and introduced to be used by underwriters. You can also activate and deactivate your products based on your current offer.
Planky solutions means
No code, Simple & Secure Automated credit decisions
Why choose Planky Decisioning Engine
Decisioning Engine provides you with an opportunity to dive deeply into your applicants’ spending habits and understand their creditworthiness better.
How Decisioning Engine can boost your business
Making credit decisions should be a quick and seamless process that cannot be manipulated or prone to human errors. Planky Decisioning Engine is a powerful platform that reduces underwriting time and enables businesses to accept more creditworthy applications in a shorter time.
This is how we help our clients revolutionize their businesses:
Quickly and easily pull data from various sources.
Use an intelligent scoring system for better and faster credit decisions.
Assign weight to data and rank each applicant in seconds.
Understand your customers and their spending habits better.
Accelerate operations and eliminate human error.
Boost efficiency and reduce operational costs.
Approve more creditworthy applicants while taking less risk.
Automatically analyze transactions, build solid risk profiles, and make better-informed risk decisions.
Designed for developers
Created to start easily
No more manual processes thanks to the Planky Decisioning Engine. The tool is intuitive to use and simple. It can be integrated with your existing systems in a few clicks so that you can make smarter credit decisions in seconds, not days.
Designed for business
No Code Solution
Analyze transactional data and build your own decision trees without any programming knowledge. Access customer information and invite your customers to share their data safely.
Designed for developers
Powerful and easy-to-use APIs
Our API integration is simple and quick. It allows you to pull out dozens of data points on your applicants and optimize your decisioning workflows according to your needs.
Discover the power of instant credit decisioning
With our Decisioning Engine, underwriting possibilities are endless. Easily handle thousands of credit decisioning processes and workflows in one simple dashboard. Build your own workflows and unleash the potential of smart business decisions.
Explore other Planky products
We offer comprehensive products to make your financial processes easier and smoother. The portfolio of Planky services allows businesses to accept more loan applications in a shorter time and increase the number of creditworthy customers without extra effort.
Account Check
Verify your customer’s identity automatically, without any human interaction. Monitor their credibility and financial health using data confirmed directly by the bank.
Transactions
Dive deeper into your customers’ transactional data. Monitor their spending habits and discover trends and patterns to make better credit decisions.
Categories
Collect transactional data from the bank and group it into over 100 categories. Understand your customers and their spending behavior better.
Be up to date with technological news
Interested in our tools and how to maximize your revenue and customer experience? Don’t forget to visit our blog. Here’s a sneak peek of what our latest articles offer:
Friendly Score UK Ltd.
84 Brook Street
London W1K 5EH
Call us on +44 20 3709 6726
Company registered in England
Company number 09168668, ICO ZA111687, VAT registration number 206 9758 80, Authorised and Regulated by the Financial Conduct Authority.
(FRN: 821100, 781963)
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