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OneFactor Social scoring

Product
Developers: OneFactor
Last Release Date: 2021/01/29
Branches: Insurance,  Trade,  Financial services, investments and audit

"Social scoring" is intended for process automation of decision-making by the organizations from the financial sphere, insurance and retail by the companies, organizations from other spheres of economy. In particular, the solution helps to define solvency of clients, to estimate risks of crediting both individuals, and small businesses (risk scoring) on the basis of special mathematical algorithms (methods of machine learning).

Social scoring estimates credit rating at the level of different societies of the borrower, such as household, enterprise, etc. It gives additional opportunities of crediting for those who could not apply for receiving credit products because of young age, lack of credit history or not permanent employment earlier.

2021: Inclusion in the Register of domestic software

Customer services of SmartMachineSmartCity and  "Social scoring" of the developer of the specialized platform of services of artificial intelligence for oneFactor telecom operators (enters into ICKX Holding)  are included in the Unified  register of the Russian programs for electronic computers and databases. The OneFactor company reported about it on January 29, 2021.

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"Many customers of oneFactor when choosing a product are guided by the Russian software from the register within the import substitution program. Besides, use of the software from the register gives to customers big confidence in quality of the provided services, considering that the product passes independent examination. Additional benefit of inclusion in the register, certainly, is the special scheme of taxation for developers of domestic software which allows us to invest more actively in creation of new products in the field of analytics of Big Data and artificial intelligence", – the director of analytics and algorithms oneFactor Maxim Voyevodsky noted.
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Besides, Mintsifra of Russia included in the register of the Russian programs the product "Storm Tekhnologii" of Cascana.Customer Engagement Center.

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"Getting of a key product into the Register of the Ministry of Telecom and Mass Communications will allow us to take part in tenders, rules of purchases in which provide a priority to goods and products of the Russian origin, and also to participate in the import substitution program, – Alexey Borovkov, the director of the department of business development notes Storm Tekhnologii. – These are, as a rule, purchases of state agencies and companies with considerable share of the state".
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