Data science consultancy Jaywing announces a strategic three-year partnership with Everyday Loans, a leading UK consumer finance provider, to implement advanced AI and machine learning solutions across their business operations.
The partnership centers on Jaywing's award-winning explainable AI modelling platform, Archetype, which leverages deep learning techniques to enhance decision-making capabilities. This technology enables organisations to build sophisticated models while maintaining transparency and regulatory compliance.
“This investment in AI technology demonstrates our dedication to merging cutting-edge analytics with responsible lending practices,” said Jacob Rukin, Chief Credit Officer. “With Jaywing’s Archetype platform, we harness the power of advanced machine learning while maintaining the transparency and explainability of our models, empowering our business and staff to make better-informed lending decisions.”
"Our Archetype platform represents the future of risk modelling," said Nevan McBride, Risk Practice Director, Jaywing. "This collaboration showcases how AI can be practically applied to transform business operations while meeting strict regulatory requirements. Archetype is an intuitive point and click platform which enables our clients to rapidly build and deploy extremely powerful and explainable deep learning models. It has proven to be transformational for our clients in financial services, fast-tracking their adoption of AI. We look forward to Everyday Loans reaping the financial rewards from Archetype”.
Recently awarded "Breakthrough with Data or AI" at the 2024 DataIQ Awards, Jaywing's Archetype platform combines cutting-edge AI technology with practical business applications, enabling organisations to leverage advanced analytics while maintaining model transparency and control.