Oscilar and Evolv Consulting Transform Credit Decisioning for Financial Institutions with AI Partnership

Oscilar and Evolv Consulting’s Partnership Revolutionizes Credit Decisioning for Financial Institutions

In a significant development for the financial services sector, Oscilar, the AI Risk Decisioning™ platform, collaborates with evolv Consulting to enhance the implementation of advanced credit decisioning technologies. This partnership targets financial institutions seeking to modernize their risk management infrastructure by leveraging Oscilar's no-code, cloud-native platform alongside evolv’s practical expertise. Together, they aim to deliver rapid and effective implementations, ensuring that financial institutions can harness AI-powered decisioning capabilities in a fraction of the traditional time frame.

The collaboration has already yielded impressive results, highlighted by the successful implementation at a leading U.S. digital financial platform that serves millions of customers. By integrating Oscilar’s technology, the institution unifies its credit underwriting, collections, and fraud decisioning processes into a single, scalable system. This modernization has led to the deployment of new credit risk policies being accomplished 50% faster, slashing timelines from weeks to mere days. Additionally, processing speeds see an enhancement of over 30%. The visual workflow builder offered by Oscilar empowers risk and data teams to create and test complex credit strategies without the need for coding, allowing for swift adaptations while ensuring centralized governance.

Neha Narkhede, CEO and Co-Founder of Oscilar, emphasizes the partnership’s role in achieving quick and high-quality implementations, enabling clients to realize the benefits of AI-driven decisioning within weeks rather than months. Similarly, Eric Neef, CEO and Founder of evolv Consulting, notes the critical need for speed in modern financial environments and illustrates how their collaboration translates the potential of decisioning platforms into efficient, production-ready systems. This partnership reflects a shared commitment to operational excellence, ultimately enhancing the customer experience through faster decision-making and reducing instances of false declines.

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