The credit expert’s choice

Credit risk software without compromise. Designed for credit experts by credit experts.

Valued Engineering

We engineer specialist credit risk management software, that helps you to build and deploy better models, automate decisions and manage model risk and governance.

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Always evolving

Progress never stops. Whether that’s using the latest techniques or new functionality. There’s always a new challenge or a better way.

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Experience matters

We bring together the old and the new, traditional and modern methods. Compromise isn’t a choice you should have to make.

Our core products

All of our software is designed around you; engineered to empower users and deliver value.

Modeller

Build powerful predictive models with ease using the latest machine learning techniques. Transparency, grouping and reject inference are built-in as standard.

Paris

Decisioning software for all applications across the credit risk lifecycle, from application processing to collections management and more.

Focus

Manage model risk and governance efficiently with Focus. Keep the regulator happy with end-to-end management, validation and explainability.

How we support

Our support encompasses not just our software and its implementation. You can talk to us about everything from systems strategy to technical scorecard development and optimised collections strategies.

Don’t just take our word for it

Paragon clients come in all shapes and sizes world-wide, from big banks to specialist lenders.

“We’ve developed over 100 credit risk models using Paragon software over the last 18 years, ensuring our models are developed to high standards, transparently and efficiently.”

GREGOR FINLAYSON, CREDIT INSIGHT & ANALYTICS, NATWEST/RBS

Our partners

Our software is available through resellers globally. Crucially, they’re all expert users, so you’re safe in the knowledge they have deep technical expertise.

The latest from Paragon

Featured
Modeller Case Study with Datacuity

It is always interesting to hear directly from our partners and clients how they are using our software solutions and the benefits that they gain. This case study explores how Datacuity, an analytics consultancy based in South Africa, leveraged Paragon Business Solutions' Modeller software to develop a robust Bureau Application Scorecard for a client in Sub-Saharan Africa. We recently sat down with Cobus Bekker from Datacuity to gain insights into their process and the benefits experienced using Modeller for this project.

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The EU AI Act: Implications for Lenders and Credit Scoring Models

The EU Act for AI, also known as the AI Act, is a comprehensive regulatory framework proposed by the European Union to ensure the safe and ethical use of artificial intelligence (AI). Credit scoring models are likely to be classified as high-risk due to their significant impact on individuals’ access to financial services and economic opportunities. This classification brings about several regulatory requirements within the Act. These high-risk AI systems must meet specific criteria and adhere to strict regulatory standards.

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Unlocking the Power of Reports in Credit Risk Model Development 

Credit risk models, often referred to as scorecards and scores, are the linchpin of financial stability for both individuals and businesses. These models guide crucial decisions about lending, capital allocation, credit loss forecasting, and strategic planning for banks and lenders. Given their profound impact, credit risk models are under increasing scrutiny and regulation, with a growing emphasis on Model Risk Governance. This discipline ensures models are developed, utilized, and managed with a comprehensive understanding and without unintended consequences.

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Paragon releases Modeller 6.0

We are very pleased to announce that our latest major release of Modeller, version 6.0, was recently made available to all new and existing users.  A new Model Explainer and reporting suite is included in this latest release.  This enables users to run suites of model-agnostic reports on multiple models and/or populations simultaneously, driving efficiencies in the production and interpretation of reports. 

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