The task was to implement a system which would automate the process of evaluating credit applications. The solution was to be characterized by highly efficient data processing and flexibility of configuration.
The solution delivered by Algolytics included:
The integration and communication with other IT systems of Alior Bank was based on the WebService platform.
Algolytics’ solution provides:
The user can, for instance, verify the scoring algorithms, cut-off points and their influence on the quality of the portfolio of granted credits.
With the Applicational Scoring Engine it is also possible to define, for example:
Thanks to the system’s architecture it is possible to obtain high data processing efficiency. Furthermore, the number of applications being processed doesn’t influence the system’s performance.
The use of the WebService platform allows flexible integration of the Applicational Scoring Engine with other IT systems in the Bank.
Alior Bank is a nationwide universal bank, providing products for all market segments through two divisions: retail and business.
Alior Bank began operations in November 2008, combining traditional banking principles with innovative solutions and products. In December 2012 made its debut on the Warsaw Stock Exchange, conducting the largest private company in a public offering in the history of the WSE.