AI Risk Management
Wherever you are on your AI risk management journey, Jaywing's expert guidance ensures you are moving in the right direction. Maximise efficiency, manage risk, and drive profitability in your organisation.
Why AI matters in credit risk and fraud
- 72% of UK firms are using or developing AI applications
- Expected 3.5x growth in AI adoption over the next three years
- 10-20% performance uplift with AI-based models
- Overcome challenges in explainability, governance, and regulation
- Sustained model performance and quicker delivery
- Lower levels of bad debt and optimal acceptance rates
- Significant improvements in fraud detection and prevention
But the journey isn’t without its challenges.
Adopting AI across credit risk and fraud sectors presents hurdles such as explainability, governance, regulation, and deployment, making the road ahead challenging.
Jaywing’s AI roadmap service
Our AI roadmap service begins with thoroughly reviewing your current practices and plots a course towards advanced and explainable AI integration.
Here’s what we offer:
- End-to-end AI solution deployment: Our team can build, test, and deploy custom AI models tailored to your needs.
- Model validation and team readiness assessment: We evaluate your existing models and assess your team’s capability to maintain AI solutions.
- AI implementation and monitoring support: We fully support you in implementing and refining a long-term AI strategy, including hands-on development and deployments of AI solutions.
- Best practice sharing and consultancy: Navigate the complexities of AI application with expert advice born on years of field-leading experience.
- Bespoke industry insights: Gain an understanding of your current position, relative to the industry.
- Regulatory, ethical, and operational guidance: From compliance to ethics, we cover all bases to ensure your AI journey is smooth and explainable.
Jaywing: The industry’s AI partner since 2017
We've been at the forefront of AI and Machine Learning in credit risk modelling and fraud detection across multiple sectors for over 7 years. Our comprehensive AI roadmap review is just the start of a long-term AI strategy for many firms.
Identify potential pitfalls
with your current AI deployments and utilisations
Gain easy wins
and long-term advantages from optimal deployments
Agree focus areas
including policies, procedures, and employee training programmes
Why Jaywing?
Many organisations aren't sure where to start or don't have the skills or experience to maximise the impact in a controlled and fully explainable way. With 25 years of experience in credit risk and fraud, our expertise will support you and your organisation to pinpoint what AI adoption will bring the most value: whether you want to create your first AI prototype model, are looking to deploy generative AI to your risk back office, or are keen to develop a cutting edge AI-driven strategy to an already mature environment.
Our heritage means we can help you take the risk out of using AI and ensure the benefits far outweigh the cost and effort.
Request a no-obligation meeting with Jaywing's experts
Our flexible teams of AI, analytics, and consulting experts give you the confidence and reassurance to leverage AI to your advantage. We work with you or for you, at your place or ours, and our approaches are tried and tested.
