{"id":6341,"date":"2024-05-21T04:59:00","date_gmt":"2024-05-21T11:59:00","guid":{"rendered":"https:\/\/athis-technologies.com\/news\/?p=6341"},"modified":"2024-05-28T05:13:47","modified_gmt":"2024-05-28T12:13:47","slug":"new-endava-and-finexos-partnership-brings-advanced-ai-to-credit-decisioning","status":"publish","type":"post","link":"https:\/\/athis-technologies.com\/news\/innovation\/2024\/new-endava-and-finexos-partnership-brings-advanced-ai-to-credit-decisioning\/","title":{"rendered":"New Endava and Finexos Partnership Brings Advanced AI to Credit Decisioning"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\"><em><strong>Endava,<\/strong>&nbsp;a technology services company, has teamed up with&nbsp;<strong>Finexos<\/strong>, an AI-powered credit risk and analytics platform, in order to<\/em>&nbsp;<em>enhance credit decision-making for banks and lenders.<\/em><\/h4>\n\n\n\n<p>The partnership leverages Endava\u2019s engineering expertise and Finexos\u2019s AI capabilities to support financial institutions in providing responsible lending.<\/p>\n\n\n\n<p>The\u00a0<a href=\"https:\/\/athis-technologies.com\/news\/innovation\/2023\/ai-driven-saas-startup-finexos-snaps-690k-seed-funding-to-enhance-credit-decisioning\/\">Finexos<\/a>\u00a0software enriches data analysis, speeds up decision-making, and reduces costs, all while ensuring data security. This alliance aligns with Endava\u2019s commitment to financial inclusion and innovation in the banking sector.<\/p>\n\n\n\n<p>Legacy metrics exclude many borrowers from accessing affordable financial services and expose lenders to unnecessarily high risk as the trend for defaulting borrowers increases. Finexos software, together with Endava\u2019s industry knowledge, aims to increase accessibility to a broader range of customers while providing a much more accurate assessment of borrower risk, resulting in better outcomes for lenders.<\/p>\n\n\n\n<p>\u201cThe addition of Finexos strengthens Endava\u2019s banking ecosystem with new and existing AI-based software and also brings to our clients new tools that fuel growth and react to new and future regulatory requirements,\u201d says&nbsp;<strong>Lewis Brown,<\/strong>&nbsp;Endava\u2019s head of alliances and partnerships.<\/p>\n\n\n\n<p>While,&nbsp;<strong>Matthew Williamson,<\/strong>&nbsp;SVP and industry principal at Endava, added<em>:<\/em>&nbsp;\u201cThis relationship authentically aligns with our core values, using technology and democratising access to financial instruments. Giving individuals and communities the ability to access fair, consistent next-gen real-time credit scoring. Empowering economic growth and stimulus.\u201d<\/p>\n\n\n\n<p>According to Darren Smith, executive director of Finexos, Endava\u2019s decision to plump for Finexos\u2019 advanced AI data science SaaS platform for its customers will \u201cenable it to provide more inclusive, Consumer-Duty-compliant lending decisions while also reducing risk in their lending portfolios\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Endava,&nbsp;a technology services company, has teamed up with&nbsp;Finexos, an AI-powered credit risk and analytics platform, in order to&nbsp;enhance credit decision-making for banks and lenders. The partnership leverages Endava\u2019s engineering expertise and Finexos\u2019s AI capabilities to support financial institutions in providing responsible lending. The\u00a0Finexos\u00a0software enriches data analysis, speeds up decision-making, and reduces costs, all while ensuring [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6343,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"amp_status":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[351,241],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Endava and Finexos Partnership Brings Advanced AI to Credit Decisioning - AthisNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/athis-technologies.com\/news\/innovation\/2024\/new-endava-and-finexos-partnership-brings-advanced-ai-to-credit-decisioning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Endava and Finexos Partnership Brings Advanced AI to Credit Decisioning - AthisNews\" \/>\n<meta property=\"og:description\" content=\"Endava,&nbsp;a technology services company, has teamed up with&nbsp;Finexos, an AI-powered credit risk and analytics platform, in order to&nbsp;enhance credit decision-making for banks and lenders. The partnership leverages Endava\u2019s engineering expertise and Finexos\u2019s AI capabilities to support financial institutions in providing responsible lending. The\u00a0Finexos\u00a0software enriches data analysis, speeds up decision-making, and reduces costs, all while ensuring [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/athis-technologies.com\/news\/innovation\/2024\/new-endava-and-finexos-partnership-brings-advanced-ai-to-credit-decisioning\/\" \/>\n<meta property=\"og:site_name\" content=\"AthisNews\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AthisNews-271175647014395\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/AthisNews-271175647014395\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-21T11:59:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-28T12:13:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/athis-technologies.com\/news\/wp-content\/uploads\/2024\/05\/2023-12-20.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ashley Reyes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/AshleyReyesCom\" \/>\n<meta name=\"twitter:site\" content=\"@Athis_News\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ashley Reyes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/athis-technologies.com\/news\/innovation\/2024\/new-endava-and-finexos-partnership-brings-advanced-ai-to-credit-decisioning\/\",\"url\":\"https:\/\/athis-technologies.com\/news\/innovation\/2024\/new-endava-and-finexos-partnership-brings-advanced-ai-to-credit-decisioning\/\",\"name\":\"New Endava and Finexos Partnership Brings Advanced AI to Credit Decisioning - 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