Question: Can you recommend a financial data analysis software that uses AI and machine learning for real-time risk assessment and lending decisions?

If you're looking for a financial data analysis tool that uses AI and machine learning to assess risk and make lending decisions in real time, Perfios is worth a look. Perfios offers a range of products for consumer lending, wealth management, SME lending and other areas. It uses AI and machine learning to automatically extract, categorize and analyze financial data in real time to help financial services companies assess risk and make decisions. The platform also offers features such as document authenticity checks, customizable analysis and fraud detection.

Another good option is Ocrolus, a Document AI platform that classifies, extracts and analyzes financial documents. Ocrolus uses AI to automate the analysis of documents so lenders can assess risk and avoid fraud. It can handle a range of document types and can provide detailed information on cash flow and income that can speed up lending and eliminate manual reviews. That makes it a good fit for small business lending, consumer lending and mortgage lending.

If you need a broader risk management tool, LexisNexis Risk Solutions offers a suite of products that can help companies in a range of industries. That includes services for financial crime compliance, credit risk assessment, fraud and identity management and more. By combining a large database of public and proprietary data with advanced analytics, LexisNexis Risk Solutions can help companies assess and mitigate risks, ensure compliance and make informed decisions.

Also worth a look is Binocs, an AI-powered loan management system that's designed to improve operational efficiency and risk management for private credit funds. It extracts financial information from documents and presents it in a structured format for easier analysis. Binocs offers features such as high-integrity financial data extraction, covenant tracking, cash flow management and risk management that can help institutional lending stakeholders manage their portfolios better.