The next-generation credit platform that's redefining lending to lower mid-market businesses globally
The OakNorth Credit Intelligence Suite is a solution that can be rapidly deployed on AWS
The ON Credit Intelligence Suite is deployed seamlessly alongside its bank customers’ existing commercial lending processes, enabling them to build deeper relationships with their clients, unlocking new opportunities, and delivering credit analysis 10x faster than traditional models – with lower risk and greater efficiency.
The OakNorth (ON) Credit Intelligence Suite delivers intuitive and simple user experiences, each designed with the needs of critical users in mind – Relationship Managers, Credit Analysts, Underwriters, Portfolio Managers, and Credit Executives. It is made up of three components: ON Portfolio Insights (Instantly segment your portfolio and rate loans based on level of vulnerability), ON Credit Analysis (360-degree view of borrowers with instant financial forecasting, sector insights, and peer analysis), and ON Porfolio Monitoring (Easily track industry trends and set early warning alerts for potential covenant breaches).
OakNorth is an AWS Financial Services Competency Partner.
View AWS Partner profile »
Improved customer experience
Relationship managers who are able to structure bespoke loans in days or weeks, resulting in a better customer experience and as a result, accelerated revenue and business growth.
Origination and credit teams who can transact several times more deals per year.
Enhanced credit and portfolio performance
Larger data sets and Level 3 and 4 analysis to make informed decisions as well as more proactive monitoring, leading to better credit outcomes.
Launched in 2015, OakNorth is the next-generation credit platform that is redefining lending to lower mid-market businesses ($1-$25m loan size) globally.
- Data analytics: The platform continually consolidates, enriches, and integrates public, private, and alternative data sets, and organizes it using a proprietary domain model. Machine Learning models including peer analysis and sensitivity analysis allow lenders to create a more comprehensive, adaptable, and explainable risk profile, crucial for making accurate credit decisions.
- Credit analysis: The platform models a forward-looking view of a borrower’s financial situation, which is informed by industry benchmarks, macroeconomic drivers, and scenario analysis specific to that business. It continually calibrates itself to full model lifecycle with Bank actions and feedback, and with operational decisions and outcomes.
- Monitoring: The platform offers pre-built, customizable, intuitive, and easy-to-use dashboards. This enables enhanced scrutiny and monitoring of banks' borrower portfolios, with an option to drill down to individual loan level or roll it up at an industry or portfolio level.
NIBC wanted to enhance the efficiency and data-based insights of its credit analysis and monitoring of loans it does with lower mid-market businesses.
The partnership has seen a large portion of NIBC’s existing corporate loan book onboarded to the platform. The initiative is being supported by the OakNorth Academy – a training program exclusively available to OakNorth clients for their relationship managers and credit officers.
Through partnering with fintechs such as OakNorth, NIBC is able to further improve its operational processes, increase efficiency, and in the longer term, change the way it conducts business.
Built by AWS solutions architects and partners to help you deploy popular technologies on AWS, these accelerators reduce hundreds of manual procedures so you can build your production environment quickly.
AWS Solutions help you solve common problems and build faster. Every AWS solution comes with detailed architecture, a deployment guide, and instructions for both automated and manual deployment.
AWS Marketplace provides a sales channel for partners to sell their solutions to AWS customers. We make it easy for customers to find, buy, deploy and manage software solutions, including SaaS.
The AWS Competency Program validates and verifies AWS Partner Network (APN) Partners who have demonstrated technical proficiency and proven customer success in specialized areas.
The APN helps you identify and choose high-quality AWS Partners with deep AWS expertise, uniquely positioned to help your company at any stage of your Cloud Adoption Journey.
Whether you are beginning to build your business or expanding your practice on AWS, the APN is a great place to start. Join at no cost and advance your AWS Partner journey with AWS.