Algoritmica goes live with the Looker-Deeploans integration

Berlin, 17th October 2023: Algoritmica and Spaulding Ridge teamed up to integrate Looker with Deeploans, Algoritmica’s AI-based loan data processing software.

Algoritmica provides lenders, investors and financial service providers with AI-based solutions for cleaning, enriching and consuming loan data. While there are already established solution providers for the public markets, this is not true for SME loans and other granular debt asset classes, such as consumer lending and residential mortgages. 

Algoritmica fills the gap by providing scalable solutions based on Deeploans. Deeploans cleans loan data and enriches it with third-party data to deliver high-quality, integrated datasets to end data users, like portfolio and risk managers. 

Thanks to the integration with Looker – the enterprise platform for BI part of Google Cloud Platform – data users can now explore Deeploans data and analytics capabilities via a no-code, user-friendly interface: Looker enables data users to quickly generate indexes and dashboards that are essential for their business operations. Spaulding Ridge’s contribution was key to training the Algoritmica team on Looker’s large set of features and sharing implementation best practices. Going forward, SR will provide the Algoritmica team with on-demand development capacity to customise and further integrate Looker with the clients’ CRM, ERP or analytics platforms.

Next milestone: Conversational Business Intelligence. Recently Algoritmica received additional credits from Google for Startups Cloud Program to extend Deeploans AI features. The team is working on a new conversational experience to “slice and dice” the loan data. 

“Since November, when OpenAI released its ChatGPT, conversational interfaces trained on text data have been trending. However, you don’t easily find solutions for querying structured data and drawing conclusions like a financial analyst would, let alone for private credit asset classes. This is what will keep us busy for the next few months.“ says Luca Borella, Algoritmica CEO.

Call to action: Reach out for more details about the pre-built Deeploans connectors (e.g. ESMA Securitisation Repositories) or learn more about the benefit of applying Deeploans to your own proprietary loan data. 

Algoritmica GmbH is not endorsed by or affiliated with European DataWarehouse (EDW). Algoritmica GmbH does not resell EDW data.

1 thought on “Algoritmica goes live with the Looker-Deeploans integration”

Leave a Reply