The advantages of Opyn Universe
A comprehensive solution, adapted to your business and technological needs
Why choose us? We'll let our clients tell you
We answer to your questions
Opyn Universe is Opyn's proprietary platform, at the heart of our digital financial services. Opyn Universe lets us provide Lending as a Service: our software allows our customers to leverage innovative financial services. Our platform is based on a high-performance database capable of automating a large number of processes, depending on which financial service has been configured.
This means that human operators can focus on the tasks they are truly needed for. In fact, time is a determining factor, and asynchronous services mean that timely responses are guaranteed. Using web services and APIs, it has become possible to integrate a great many external sources in a fast and agile way.
Current account analysis is a standout feature of our credit assessment process and is regulated by PSD2. This was developed internally to help our analysts fully understand the state of the company and go further than traditional financial statements allow. The system is based on artificial intelligence and machine learning, which give it the ability to label and create clusters of all account movements (such as receipts from customers, vendor payments, etc.) automatically. This allows us to manage multiple bank accounts and provide a specific machine learning solution for major Italian banks.
We use labels and clusters to classify movements for multiple purposes, including:
- Cash-flow assessment with the Financial Statement, calculated using the direct method.
- Extracting evidence and anomalies from account movements that may predict SME default probabilities. Our system instantly informs us about salaries, taxes, receivable and payable accounts, customer portfolio concentration, etc.