The Capton Origin Story
As a platform, Capton came to be as we were solving a problem – a large global bank was experiencing a high volume of NPL’s, the majority of which were being missed by their expensive enterprise EWS. So they tasked us with creating a dashboard. That dashboard quickly took on a life of its own, and became the Capton Financial A.I. solution.
Within the first 6 months, the bank went from a 63% accuracy to a more than 96% accurate prediction rate, and from a 3 month visibility of their risky loans to a rolling 12 month window. They were able to restructure many of the loans, recovering much of the fees, and reducing their charge-offs overall.