SCS Enhances Deposit Score with A.I. Scoring Technology: Z-Factor

Austin, TX - May 16, 2006

Sheshunoff Consulting+Solutions [SCS] announces the enhancement of Deposit Score, SCS' revolutionary, proprietary deposit analytic tool that enables financial institutions to score their customers based on behavioral trends.

Z-Factor, a patent pending technology is the latest enhancement to Deposit Score that leverages innovative, artificial intelligence advancing Deposit Score to the next level of scoring that is not available elsewhere in the market.  Z-Factor learns the unique combination of account characteristics that cause overdraft conditions for a particular organization determined through sophisticated statistical calculations such as logistic regression and Chi-Squared. The result is continuous refinement and optimization, specific to each financial institution. Z-Factor enables Deposit Score to predict which accounts are more likely to charge off and automatically apply pointed adjustments to the overdraft thresholds of those accounts to mitigate risk.

"Z-Factor is a significant break through in scoring technology that hasn't existed until today. This enhancement to our Deposit Score solution will allow financial institutions to dynamically optimize the scoring equation to ultimately reduce risk and drive incremental revenue", says Gabrielle Sheshunoff, CEO of SCS.

Key Benefits to Financial Institutions:

  • Control risk and reduce losses with Z-Factor refinements to the final overdraft thresholds based on characteristics specific to the financial institution.
  • Improve the value of scoring criteria via Multiple Scoring Matrices allowing unique scorecards based on client-defined grouping of accounts, such as product type, geographical regions, random account sampling, etc.
  • Drive incremental opportunity through the automatic monitoring of all accounts, increasing or decreasing overdraft thresholds, based on unique account characteristics and risk factors.
  • Provide efficiency and effectiveness through a simple graphical user interface virtually eliminating the need for IT supported system changes.
  • Enhance service to account holders providing thresholds directly related to usage, reducing limits to "troubled" accounts mitigating potential charge off.
  • Enrich financial and account analysis with extensive reporting capabilities.

For over 30 years, the experienced consultants at Sheshunoff Consulting+Solutions have been helping financial institutions gain competitive advantages and improve their bottom-line. Our proven solutions can help your institution enhance revenue, optimize business processes, manage risk, meet regulatory requirements, and find your best opportunities for growth.