EXL invests in Corridor Platforms - a big data credit risk management platform
Corridor Platforms provides banks and financial services clients the ability to utilize detailed risk frameworks, a dynamic credit decisioning engine, and a fully integrated big data management layer fine-tuned to meet the compliance and regulatory needs of financial services companies. The platform enables clients to create and evaluate credit strategies, execute credit decisions in real time and at scale, track performance, and automate alerts to enforce a disciplined end-to-end credit decisioning process.
"This investment allows EXL to broaden our market-leading Analytics solutions by partnering with the Corridor Platforms team to develop and market a risk management platform tailored for credit risk managers and product owners at large and mid-sized banks," said
Corridor Platforms was founded by a team with extensive credit management and analytics expertise led by Mr.
About Corridor Platforms
Corridor Platforms is a proprietary risk management platform created by a team of highly seasoned credit professionals leveraging the most advanced analytics and big data capabilities. The core leadership team comprises of senior credit executives with decades of experience designing, underwriting, pricing and managing multi-billion dollar lending portfolios through multiple credit and recessionary cycles. Corridor Platforms is creating an automated and highly user-focused credit decisioning platform based on years of experience both in credit and advanced decisioning technologies.
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, EXL looks deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in
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