Risk Engine Development for MFOs

Complex Assessment of Customer Solvency (Scoring)

Let's go

Flexible Configuration of Decision-Making Processes

Our Services_

Application Architecture Building
We can transform your ideas into actual solutions
- Analyzing your requirements.
- Suggesting various architecture options.
- Creating a detailed guideline.
Project Back-end Development
Powerful back-end for reliable performance
- Strengthening your team with experienced developers.
- Implementing new services.
- Suggesting improvements and helping with the migration process.
API Development
We can create an effective link
- Designing a user-friendly API.
- Implementing it in Java.
- Compiling documentation and all specifications.
Infrastructure Configuration
A strategic step towards your success
- Setting up CI/CD pipelines.
- Setting up environments.
- Configuring integrations.
Desktop Applications Development
Intuitive applications with attention to every detail
- Analyzing application requirements.
- Discussing solutions.
- Developing applications for Windows and Linux platforms.
Mobile Development
We will find ways to improve your mobile applications
- Making mobile application prototypes.
- Developing integrations with external services.
- Supporting and expanding existing functionality.

Let's discuss your project

Why choose SoftwareCats?

We specialize in Java

We believe that being an expert is much more valuable than being a jack-of-all-trades. That's why we only work with the Java stack. At the same time, we keep an eye on IT news to stay open-minded.

1
Technical challenges? Bring it on!

We are keen on microservice architecture, but we know how to work with a monolith too. We have experience in turning monolith production projects into microservice ones, as well as in designing a scalable distributed architecture from scratch.

2
Team work

We’re not chasing personal results but work to achieve the common goal. We’re always happy to work in distributed technical teams. We don’t need “an interpreter” to talk to any team member, not just to engineers.

3

Technologies

Java

Kotlin

Spring

Project Reactor

Hibernate

PostgreSQL

Java persistent API

MySQL

RabbitMQ

Kafka

Maven

Gradle

Git

Docker

JUnit

Risk engine is a complex, multi-component software solution designed to assess customer solvency, as well as manage and mitigate the risks associated with issuing funds. The engine uses advanced machine learning algorithms and data analysis to assess customer solvency, predict risks of a default, and optimize lending decisions.

The risk engine combines data from various sources, including credit histories, financial statements, and external public data, to provide comprehensive and accurate assessments.

Advantages of developing your own risk engine:

Improved risk assessment—increased accuracy thanks to the use of analytics and machine learning models.
Reduced default rates—the ability to identify high-risk borrowers and predict potential defaults that reduces the ratio of “bad” loans.
Improved portfolio management—continuous monitoring of risk levels and development of strategies to minimize them.
Reduced costs—automation of risk assessment processes reduces the need for manual intervention and operating expenses.
Scalability—support for business growth with the ability to process any volume of solvency assessment requests.
Regulatory compliance—automated regulatory compliance minimizes the risk of human errors.
Real-time decision-making—allows you to make informed lending decisions faster.
Customer segmentation—the possibility to divide customers by risk level to optimize marketing costs and personalize the product line.
Fraud detection—automatic fraud detection and prevention.

This solution will be useful for:

Microfinance organizations—companies that provide loans to individuals or groups.
Non-bank credit organizations—institutions that offer credit services, but are not traditional banks.
Peer-to-peer lending platforms (crowdlending, crowdfunding)—services that directly connect borrowers with investors and simplify the lending process.

Why order risk engine development from us?

We have extensive expertise and experience in implementing similar solutions, and a deep understanding of the financial industry specifics. Our team uses cutting-edge data processing technologies and approaches development with special attention to details. We understand how costly mistakes can be in the financial sector and guarantee accuracy, reliability, and security of our solutions.

Q&A