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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

FairPlay introduces the pioneering Fairness-as-a-Service™ solution tailored for the financial sector. Utilizing advanced AI tools, we evaluate your automated decision-making models within minutes to enhance both equity and profitability. Our resources include five comprehensive Fact Sheets that explore the mortgage fairness landscape for female, black, Hispanic, millennial, and baby boomer applicants. To create these insights, FairPlay™ meticulously examined publicly available data from the Home Mortgage Disclosure Act Database for the year 2020. Our analysis focused exclusively on individuals applying to purchase new homes, excluding those seeking refinancing or lines of credit. We calculated the Adverse Impact Ratio (AIR) for every county across the U.S. and extended our assessment to encompass AIR values for 20 prominent metropolitan areas. FairPlay™ highlights inconsistencies in your decision-making systems, offering strategies to boost both profitability and fairness, thereby demonstrating to customers, regulators, and the wider community your commitment to equitable practices. Our approach not only aligns with regulatory standards but also builds trust within the communities you serve.

Description

Our platform offers ready-to-use APIs that integrate both conventional and alternative credit data sources, facilitating quicker data ingestion for more accurate credit assessments. It features a robust predictor library built on extensive credit expertise, along with pre-configured attributes that enhance credit decision-making. Our proprietary AI and ML credit modeling approach is fully explainable and yields substantial improvement in outcomes. Users can simultaneously run multiple champion-challenger models, allowing for comparative analysis of credit strategies within a single streamlined workflow. Deployment of new credit models and strategies is swift and efficient. Our AI-driven credit underwriting models are not only explainable and FCRA-compliant but also designed to be highly reliable. They include automated and simplified reasoning for adverse actions, ensuring transparency. Comprehensive documentation is provided, detailing the logic behind the models, their robustness, and any limitations. The attributes of our models are subjected to rigorous disparate impact assessments to confirm the absence of bias in their design. Furthermore, our AI credit models offer a wide and varied range of reasons for adverse actions, ensuring that users have a comprehensive understanding of the decision-making process and its implications. Overall, this combination of features empowers organizations to make informed and equitable credit decisions.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Azure Content Protection Yes 
BuyDRM Yes 
Fastevo Yes 
Plaid No 
StreamProbe Yes 

Integrations

Azure Content Protection No 
BuyDRM No 
Fastevo No 
Plaid Yes 
StreamProbe No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Fairplay

Country

United States

Website

fairplay.ai/

Vendor Details

Company Name

Scienaptic AI

Founded

2014

Country

United States

Website

www.scienaptic.ai/

Product Features

Loan Origination

Amortization Schedule No 
Audit Trail No 
Closing Documents No 
Compliance Management No 
Customer Database No 
Digital Signature No 
Document Management No 
Fee Management No 
Loan Processing No 
Online Application No 

Product Features

Financial Risk Management

Compliance Management No 
Credit Risk Management No 
For Hedge Funds No 
Liquidity Analysis No 
Loan Portfolio Management No 
Market Risk Management No 
Operational Risk Management No 
Portfolio Management No 
Portfolio Modeling No 
Risk Analytics Benchmarks No 
Stress Tests No 
Value At Risk Calculation No 

Alternatives

Alternatives

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