EyeOnRisk Platform

The EyeOnRisk Platform, developed by BeeEye, is an AI-based credit risk modeling platform specifically designed for financial institutions. According to the vendor, this platform enables users, including risk managers, credit analysts, data scientists, and professionals in the banking and financial services industry, to build credit risk models more efficiently. It is marketed as suitable for financial institutions of all sizes, including banks, lenders, fintech companies, and insurtech companies, with the aim of reducing default rates, increasing revenue, and improving overall business performance.

Key Features

Data Integration: According to the vendor, the EyeOnRisk Platform seamlessly integrates with various data sources, both internal and external, to provide a comprehensive view of credit risk. It claims to enable rapid integration and updates of data sources through advanced automations, eliminating the need for manual data updates.

Model Management: The EyeOnRisk Platform serves as a central hub for the entire credit risk modeling process, from research to production, according to the vendor. Users can create, monitor, test, and explain models within the platform, streamlining the modeling workflow. Collaboration is also facilitated, allowing teams to work together and leverage collective expertise.

Performance Monitoring: The vendor states that users can track, measure, log, and receive alerts on the performance of production models using the EyeOnRisk Platform. It claims that detailed experiment results can be viewed, enabling continuous improvement of model performance. The platform is said to record model versions, changes, and comments, providing a comprehensive audit trail.

Auto Feature Generator: According to the vendor, the EyeOnRisk Platform features an advanced algorithmic suggestion engine that recommends top features to improve models. Users are claimed to have control over the complexity of features and algorithms used, ensuring transparency and avoiding black box models. Features can be compared based on their Gini coefficient, as per the vendor's claims.

Easy Integration: The EyeOnRisk Platform is marketed as offering easy integration with existing systems and data sources, streamlining the implementation process, according to the vendor. It is said to rapidly integrate both internal and external data sources, ensuring a comprehensive view of credit risk. The platform's advanced automations are claimed to enable quick updates of data sources, keeping models up-to-date.