Using advanced analytics to manage risk profitability for consumer loan pricing
Banks continue to look for ways to grow their consumer loan portfolios, but may be missing opportunities by not utilizing more analytical tools, according to recent research by American Banker/SourceMedia Research and Earnix.
For example, through our survey of lenders, we found out that those using advanced analytics are three times more confident in their ability to predict and manage risk and profitability for their home equity portfolio.
To hear additional takeaways around institutions’ consumer lending product strategies, with a focus on the use of more advanced analytics, Listen in on the one-hour, online event.
During the event you’ll learn:
- Pricing strategies of different size institutions
- Loan business growth plans based on pricing methodologies
- Tools used for forecasting and “what-if scenarios”
- Predictive analytics usage by different lenders
Moderator: Penny Crossman, Editor, American Banker
Speakers: David Peck, Research Director, SourceMedia
Marc Trudeau, Principal, Business Consulting, Earnix