Sony Gabriel
Menerva Software CEO & co-founder
Cochin
Menerva Software is a boutique analytics firm focused on AI-enabled Lending Solutions for Banks and Alternative Lenders. In our interactions with industry experts, we sensed an opportunity to improve the traditional portfolio monitoring systems in banks and alternative lenders with an AI-based early warning system.
Our product, TRaiCE, uses a proprietary self-learning algorithm augmented by alternative big data sources to accurately predict risk and generate timely suggestions for loss-mitigating interventions. Rather than replacing data that currently exists, TRaiCE augments the internal data and bureau data that a lending institution has access to, allowing for aggregated analysis of past trends and prediction for future losses.
TRaiCE is ready for beta and we are currently onboarding early adopters.