Novum Analytica provides an AI‑driven platform that delivers real‑time risk scores, predictive forecasts, and fraud detection across credit, market, and operational domains. The solution includes stress‑testing modules for Basel‑III/IV and DORA compliance, generating audit‑ready reports, and offers explainable AI dashboards with API‑first integration for banks, credit unions, and insurers.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions confront rapid market volatility, stringent regulatory mandates (e.g., DORA, Basel), and sophisticated fraud schemes, while legacy risk models provide only retrospective insights and lack real‑time adaptability.
Solution
Novum Analytica delivers AI‑driven analytics engines that generate continuous, real‑time risk scores and predictive forecasts across credit, market, and operational domains. The platform integrates advanced fraud‑detection algorithms that flag anomalous transactions as they occur, reducing exposure before losses materialize. Built‑in stress‑testing modules simulate regulatory and macro‑economic scenarios, producing audit‑ready reports that satisfy compliance auditors. All outputs are explainable, with transparent model lineage and data provenance, enabling risk officers to validate decisions without a “black‑box” barrier. The solution scales across heterogeneous data sources—transactional, OT/IT, and third‑party feeds—through a cloud‑native architecture that learns and updates models autonomously.
Target Audience
Primary customers are risk‑management, compliance, and fraud‑prevention teams within banks, credit unions, insurance carriers, and other regulated financial services firms seeking data‑driven decision support.
Features
- Real‑time risk scoring engine powered by ensemble machine‑learning models that ingest streaming market and transactional data
- Adaptive fraud‑detection layer employing unsupervised anomaly detection and supervised classification with continuous model retraining
- Scenario‑simulation suite for Basel‑III/IV and DORA stress tests, delivering regulatory‑compliant, audit‑proof documentation
- Explainable AI dashboard that visualizes feature contributions, model versioning, and data lineage for full transparency
- API‑first integration framework supporting RESTful endpoints and native connectors to core banking, ERP, and risk‑management systems
- Secure, encrypted data pipeline with role‑based access control and immutable audit logs meeting industry‑grade compliance standards
- Automated compliance module that maps model outputs to regulatory metrics, generating ready‑to‑file reports for auditors