IXI Enables Credit Issuers and Investors to Evaluate Customer Financial Capacity and Risk with Launch of Ability to Pay™ Suite

IXI announces the availability of a new suite of products for credit issuers and investors, called Ability to Pay.  Derived from IXI's proprietary database of over $24 trillion consumer assets, IXI’s Ability to Pay suite, enables firms that offer mortgages, credit cards, HELOC, auto loans, and other consumer loans to assess consumer capacity to meet their financial commitments.  It also helps investors assess the riskiness of credit portfolios. 

Firms that rely on credit scores for their decisioning and valuation processes can use IXI’s Ability to Pay suite to enhance the performance of their models.  IXI’s Ability to Pay tools can help firms:

• Determine who can stay current with their credit obligations and who is likely to default
• Mitigate risk in the authorization, fraud, and collections processes
• Adjust credit limits, interest rates, and collection strategies based on a customer’s ability to pay
• More accurately value consumer and real estate credit portfolios
• Enhance thin-files for use in acquisition and origination models

A recent analysis by a leading credit issuer demonstrated that IXI’s Ability to Pay solutions identified specific customer segments that are most likely to be delinquent.  For over a decade, the nation’s largest banks, securities, and insurance firms have turned to IXI to help them assess risk, increase sales, and discover hidden financial opportunity among their existing customers. 

Proprietary Oscillator Optimization Process™ Enables Effective Consumer Differentiation

IXI’s Ability to Pay Suite utilizes IXI’s unique Oscillator Optimization Process to analyze the relationship among wealth, income, spending, and other variables. 

By varying the weights of each variable across the spectrum of combinations, the Oscillator Optimization Process produces a non-linear relationship in order to assess consumers’ ability to pay.  Those consumers who are determined to be most likely to meet their financial obligations are ‘optimized’ to the top of the spectrum. The result is that IXI’s Ability to Pay Suite can effectively differentiate consumers’ ability to pay their debts, thus supplementing the use of traditional credit scores in the decisioning process.

For more information about how IXI’s Ability to Pay Suite can help your firm identify which of your customers are most likely to pay their financial commitments, please contact us at 800-210-4323 or info@ixicorp.com.