Acuity Knowledge Partners, a high-value research, analytics, and business intelligence solutions provider for the financial services sector, has rolled out its new large language model-based (LLM) credit risk governance solution.
Dubbed CreditPulse, the new offering is expected to transform the lending sector by improving global lending capacities.
The solution is designed to enable analysts to use generative artificial intelligence (AI) to identify emerging portfolio risks. It easily integrates with existing technology stacks at financial institutions, improving data interpretation and visualisation.
CreditPulse offers a variety of features, including end-to-end portfolio management, early warning indicators for effective risk governance, a user-friendly interactive interface, configurable templates, a credit repository, and data extraction capabilities.
Besides, the solution can be customised in line with the user’s requirements to help them take full control of their credit reports.
According to Acuity Knowledge Partners, the platform provides 30% cost savings over three years and enables significant productivity gains in the first year of implementation.
Acuity Knowledge Partners managing director and lending services global head Rajul Sood said: “We are glad to introduce our proprietary LLM tool, CreditPulse, which can be used to create summarised commentary for fact-based analysis.
“This tool has been created with our in-depth knowledge of the lending value chain and corresponding technology landscape.”
Based in the UK, Acuity Knowledge Partners offers research, analytics and technology solutions to asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds and consulting firms.
The partners with more than 250 financial services firms to advance process standardisation, improve credit risk practices, and provide data insights for their portfolios.
Acuity Knowledge Partners was established as a separate entity from Moody’s in 2019, after being acquired by Equistone Partners Europe.
In January 2023, funds advised by global private equity firm Permira acquired a majority stake in the business from Equistone Partners Europe. The latter retained a minority shareholding in Acuity Knowledge Partners.
