In financial institutions, human have always worked with fact based decision improved by data analysis: this is the definition of Augmented Intelligence. MondoBrain is the tool for you to do it faster, in an auditable fashion, and more efficiently.
Analyse the level of downpayment and salary required for people to get mortage.
1. Profiling. Describe a person’s profile with his range of age, and the range of Market value of the house he would buy. Hide other variables and show Downpayment, Employment length and Salary. Ask MondoBrain what is critical for a steady payback.
2. Marketing. Select a bank, Lock it. Show MondoBrain only customer profile variables like age and salary, and Ask MondoBrain the type of customer that particular bank should target for low mortage risk.
Identify and analyse the grey area in your Risk Score
1. Segmentation. Ask MondoBrain to identify the range in the Risk Score that gives bad risk. Exclude the result. Ask MondoBrain again to identify the range that gives good risk. Exclude result. The unidentified range is the Grey area in your score.
2. Analyse Grey area. Select the grey area identified in segmentation. Lock it. Show MondoBrain all other variables like customer seniority and bank seniority, and Ask MondoBrain the type of customer profile to target for low recovery risk.