Nuevora and Scorelogix Join Forces for Advanced Business Analytics solutions based Scorelogix? S Market risk tools Leading supply

Nuevora and Scorelogix Join Forces for Advanced Business Analytics solutions based on leading Scorelogix risk tools provide

San Ramon, Calif. (Vocus) 5 May 2010

Nuevora, a leader in the delivery of outcomes research & analytics to organizations worldwide, today announced a strategic partnership with Scorelogix, the leader in the income-risk-based credit scoring and the inventor of the world’s first Job Security Income and earnings stability and credit score is the ability to pay and the ability of consumers.

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The partnership allows

Nuevora innovate and bring to the exact predictive analytics solutions by embedding Scorelogix income risk-based credit scores and view points in its solution frameworks market, while Scorelogix is ​​now in a position to to expand the use of its proprietary consumer risk scores and ZIP level economic forecasts to help customers address a variety of business problems.

“As organizations struggle to make their top-line and line to further optimize target, the use of smart analytics to achieve operational excellence is essential. The common Nuevora / Scorelogix solution enables companies to develop powerful predictive insights from their data and thus, power smarter decisions and better results, “said Phani Nagarjuna, CEO of Nuevora. As an example, a mortgage provider potential default 12/24 months predict with high accuracy from the active-perfect credit positive mortgage payers as a marketer the potential acquisition of can predict a specific product from a perspective pool at different price points and time frames added Mr. Nagarjuna.

“The traditional credit bureau scores are not accurate and have caused banks to lose billions of dollars in credit losses, this is due to the credit bureau scores have many limitations. they are reactive scores can not score of 50-70 million people with limited credit histories, and most importantly what it is not income risk factor, despite the fact that unemployment is the most important factor influencing consumer failures, “said Suresh Annappindi, CEO of Scorelogix. Job Security Score Scorelogix innovative overcomes these limitations, as it uses an advanced analytical model, that the factors to buy income risk and the impact of the economy on consumers in the prediction of their creditworthiness and ability, added Mr. Annappindi.

Nuevora their own analytics solutions that enable companies top-line and bottom-line performance to improve in the areas of marketing, risk management, and customer management functions. The solution is driven by a comprehensive framework with analysis of strategy development to predictive modeling, advanced analytics, reporting and dash boarding, data management and model management services. By embedding Scorelogix proprietary tools into their solutions Nuevora are now able to offer the ability to predict the most accurate knowledge possible organizations ever to drive effective decisions.


About

Scorelogix

Founded in 2003, is an innovative Scorelogix Consumer Credit Scoring and Risk Analytics company, the unaddressed needs of banks and marketers. Scorelogix is ​​a pioneer in the profit-risk-scoring and the first company to use a patent pending scoring system predicts unambiguously to invent consumer to pay income risk and what their future viability of a better, more efficient credit decisions and marketing campaigns.

Scorelogix proprietary income risk-based credit score, the Job Security Score ™, predicts the ability of borrowers to pay and credit history, not covered by traditional credit bureau scores and helps lenders risk accurately predict and reduce credit losses. Scorelogix Income Risk Score view, the profit and Stability Score ™, predicts the ability of consumers to buy and marketers can improve response rates and find better customers.

Scorelogix also offers many proprietary zip-level economic indicators that the Local Economic Health Index ™ ™, Job Security Index ™ and the unemployment index, calculated for more than 43,000 zip codes included every month. Scorelogix patent-pending products are marketed to credit card companies, banks, credit unions, auto finance companies and direct marketing companies and help them acquire, retain and manage customers more profitably.

Scorelogix clients include some of the leading banks, credit unions and database marketing company. For more information, please visit Scorelogix.


About

Nuevora ®

Nuevora ® is a leading provider of solutions in the delivery of “Outcomes Research & Analytics” – leading predictive insights that provide valuable business results.

Nuevora provides customized research and advanced business analytics solutions that address specific business problems. Our unique application of sound methods and process knowledge, analytical rigor, our customers often their processes more intelligent and efficient rapidly. Nuevora the analytics practice is focused on embedding predictive insight into sales impact business processes so that the soil for better decisions and better results in marketing, customer management, and operational risk management.

Leading organizations achieve a higher customer profitability and marketing ROI in partnership with Nuevora. Nuevora solutions of different sources of structured and unstructured operational data into actionable analysis results in a reasonable way to transform the decision-makers responsible for driving specific and targeted results within an organization or department.

delivered

Nuevora is led by leaders who are proven experience in generating marketing excellence and customer loyalty in several world-class organizations. By using a global delivery model provides Nuevora faster “time-to-value” and significant “cost efficiency” to their customers.

, some of the best run organizations with partners Nuevora superior business results to achieve through knowledge based competition. We are located in Silicon Valley. More information is available on our website Nuevora available.


Copyright © 2010

Nuevora

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