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    Peer-to-Peer Loan Default Prediction

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    Sold by: Mphasis 
    Deployed on AWS
    This solution predicts which customers are more likely to default on their consumer loans in peer-to-peer lending.

    Overview

    This solution identifies the borrowers who are most likely to default on their Consumer loans in peer-to-peer lending. During the training stage, the solution understands the dataset, handles missing data and class imbalance, conducts feature interaction on the training data and selects a subset of best features based on feature importance. It then trains on multiple classification models, identifies the best performing model and tunes it accordingly . This trained model is then selected for prediction on the test data.

    Highlights

    • This solution takes in peer-to-peer loan data as input, pre-processes the data, picks out the best features based on feature importance, trains it on several models and gets the best model and predicts the test data, thereby reducing the risk of lending to defaulters and expected loss to the lender.
    • The algorithm is specifically designed for analyzing peer-to-peer consumer loans using machine learning.
    • Mphasis HyperGraf is an omni-channel customer 360 analytics solution. Need customized Deep Learning/NLP solutions? Get in touch!

    Details

    Delivery method

    Latest version

    Deployed on AWS

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    Features and programs

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    Pricing

    Peer-to-Peer Loan Default Prediction

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    Pricing is based on actual usage, with charges varying according to how much you consume. Subscriptions have no end date and may be canceled any time.
    Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator  to estimate your infrastructure costs.

    Usage costs (69)

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    Dimension
    Description
    Cost/host/hour
    ml.m5.12xlarge Inference (Batch)
    Recommended
    Model inference on the ml.m5.12xlarge instance type, batch mode
    $20.00
    ml.m5.12xlarge Inference (Real-Time)
    Recommended
    Model inference on the ml.m5.12xlarge instance type, real-time mode
    $10.00
    ml.m5.12xlarge Training
    Recommended
    Algorithm training on the ml.m5.12xlarge instance type
    $10.00
    ml.m4.4xlarge Inference (Batch)
    Model inference on the ml.m4.4xlarge instance type, batch mode
    $20.00
    ml.m5.4xlarge Inference (Batch)
    Model inference on the ml.m5.4xlarge instance type, batch mode
    $20.00
    ml.m4.16xlarge Inference (Batch)
    Model inference on the ml.m4.16xlarge instance type, batch mode
    $20.00
    ml.m5.2xlarge Inference (Batch)
    Model inference on the ml.m5.2xlarge instance type, batch mode
    $20.00
    ml.p3.16xlarge Inference (Batch)
    Model inference on the ml.p3.16xlarge instance type, batch mode
    $20.00
    ml.m4.2xlarge Inference (Batch)
    Model inference on the ml.m4.2xlarge instance type, batch mode
    $20.00
    ml.c5.2xlarge Inference (Batch)
    Model inference on the ml.c5.2xlarge instance type, batch mode
    $20.00

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    Usage information

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    Delivery details

    Amazon SageMaker algorithm

    An Amazon SageMaker algorithm is a machine learning model that requires your training data to make predictions. Use the included training algorithm to generate your unique model artifact. Then deploy the model on Amazon SageMaker for real-time inference or batch processing. Amazon SageMaker is a fully managed platform for building, training, and deploying machine learning models at scale.

    Deploy the model on Amazon SageMaker AI using the following options:
    Before deploying the model, train it with your data using the algorithm training process. You're billed for software and SageMaker infrastructure costs only during training. Duration depends on the algorithm, instance type, and training data size. When training completes, the model artifacts save to your Amazon S3 bucket. These artifacts load into the model when you deploy for real-time inference or batch processing. For more information, see Use an Algorithm to Run a Training Job  .
    Deploy the model as an API endpoint for your applications. When you send data to the endpoint, SageMaker processes it and returns results by API response. The endpoint runs continuously until you delete it. You're billed for software and SageMaker infrastructure costs while the endpoint runs. AWS Marketplace models don't support Amazon SageMaker Asynchronous Inference. For more information, see Deploy models for real-time inference  .
    Deploy the model to process batches of data stored in Amazon Simple Storage Service (Amazon S3). SageMaker runs the job, processes your data, and returns results to Amazon S3. When complete, SageMaker stops the model. You're billed for software and SageMaker infrastructure costs only during the batch job. Duration depends on your model, instance type, and dataset size. AWS Marketplace models don't support Amazon SageMaker Asynchronous Inference. For more information, see Batch transform for inference with Amazon SageMaker AI  .
    Version release notes

    It is the first version of the algorithm. It requires consumer loan specific data as input

    Additional details

    Inputs

    Summary
    • Once the model is generated after training, the solution can be used to predict the defaulters for a given new data.
    • The new data features should be identical to training data features.
    • The name of the new file should be sample_input.csv
    Input MIME type
    text/csv, text/plain
    https://github.com/Mphasis-ML-Marketplace/Peer-to-Peer-Loan-Default-Prediction/tree/main/data/transform
    https://github.com/Mphasis-ML-Marketplace/Peer-to-Peer-Loan-Default-Prediction/tree/main/data/transform

    Input data descriptions

    The following table describes supported input data fields for real-time inference and batch transform.

    Field name
    Description
    Constraints
    Required
    not_default
    Target Variable, if someone would default the loan or not
    Type: Integer Minimum: 0 Maximum: 1
    Yes

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    Vendor resources

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