ACTICO announced DMI Finance as its first Indian customer for its new product, ACTICO Machine Learning. DMI Finance has been working with the platform since April 2018 to enable real-time decisions across the lending lifecycle – from credit scoring and decisioning to loan disbursals. DMI Finance has also made an investment in ACTICO Machine Learning to apply intelligent technologies to optimize and automate decision-making processes at scale.
Speaking on this partnership, Shivashish Chatterjee, co-founder and managing director, DMI Finance said: “We are happy to extend our already successful partnership with ACTICO. Machine Learning is an integral part our decisioning capabilities – in line with our focus of making the best credit decision in the least amount of time. We believe ACTICO’s Machine Learning platform is a strategic addition to our technology stack and will help us achieve scale without meaningful additions to our team.”
Speaking on the new customer win, Ajit Shah, managing director- APAC, Middle East and Africa, ACTICO, said: “We are thrilled to deepen our association with DMI. The Machine Learning capability of our platform provides a vital toolkit for Banks, NBFCs as well as for the new age Fintech companies to unearth insights from ever-increasing quantities of data. We strongly believe that, in the future, a combination of human intelligence and data insights will help firms take optimum decisions and this will continue to be the guiding philosophy for our product development endeavors.”