Software to identify affordability & assessment
Understanding the financial status of your prospective customers prior to engaging with them is crucial to maintaining a sustainable business, key to verifying their identity.
Know your customers before doing business with them
Aryza affordability and assessment tools deliver the data to ensure your business adheres to the standards and requirements used in many industry sectors. Using our systems it is possible to build an accurate picture about your clients, their risk profiles, and their financial position.
Especially relevant in online acquisition models, our affordability software will use multiple mechanisms to identify the identity of prospects and customers and as a result will eliminate the risk that fraudsters and fake IDs present to your business.
Applying open banking and bureau data will also help identify potential defaulters and allow your business to make proactive moves to protect revenues.
Affordability software can identify levels of economic commitment, from those individuals or organisations that spend above their means and continue to struggle, to customers and prospects who are not affected by fluctuations in the economy and are consistently able to maintain their business or standard of living.
From a consumer’s point of view, our systems will also provide the reassurance that they are dealing with a company that cares about their financial well-being. We adhere to the FCA’s rules around consumer duty and our systems are designed to set higher and clearer standards of consumer protection. We work with our clients to help them put their customers’ needs first.
Our products
“At Shawbrook we value real-time data and the role it plays in unlocking SME lending. When selecting our partner for Open Banking and accounting Aryza were our number one choice. Aryza took the time to understand our business and deliver a digital solution that not only allows us to understand our customers financial wellbeing but also allows us to be more efficient and deliver a market leading service.”
“We needed to see evidence of expertise in open banking – but even more important the capability to deliver a branded customer journey in order to help our customers feel confident in providing their data. Working with Aryza gave us the ideal partnership of industry experience and technical capability”
“We have been working with Aryza for a couple of years, and they have transformed the way that we are able to continue to help our customers. We chose Aryza as we were keen to utilise their experience, and to find a technical solution that enabled Freedom Finance to give a more holistic offering to our customers.”
“Alongside our technical results, we have now also been able to achieve a high degree of automation in our IT operations, including complete integration of the solution into the overall IT architecture of Postbank and its subsidiaries, with various interfaces from supplier and customer systems. We have also managed to master Postbank’s large and constantly growing volume of data, especially in light of IFRS 9, and have been able to ensure stable and good performance for the system in daily operation. In addition to classic projects, the IFRS 9 models can be developed in an agile manner and put into production, enabling flexible and timely implementation.”
“After a successful pilot scheme, we’re delighted to have rolled out Dreams Credit Placement Portal to all 210 stores and our eCommerce platform. We complete around 1,400 credit applications each week, highlighting how important it is we get the process right first time and eliminate any unnecessary barriers at point of sale. “We looked to partner with the team at Aryza due to their extensive experience and market knowledge. They were able to offer us a bespoke solution like nothing else on the market and we were able to fully deploy the Aryza Embedded Lending solution across our business by Summer 2022”.
“If you look at the results we’ve achieved from partnering with Aryza – they’re really staggering. Productivity levels have increased four-fold, we’re moving cases so much faster, we have much better client engagement, lower arrears. It’s just been a hugely beneficial partnership for us.”
