Risk-Based Pricing Strategies in Auto Finance: Why Change and Why Now
Join us on October 13th at 2:00 p.m. for Risk-Based Pricing Strategies in Auto Finance: Why Change and Why Now presented by Earnix
The auto finance market has seen rapid shifts in demand for both new and used vehicle financing in the past two years coupled with the funding costs increase to levels not seen in more than a decade. These changes are resulting in increased pressure for lenders to have a more granular and dynamic view of their loan pricing structure, risk, profitability, and loan portfolio composition.
In this presentation, we will discuss the reasons for auto lenders to adopt risk-based pricing powered by advanced analytics and the urgency driving this transition.
We will focus on:
- The use of advanced analytics including data modeling to predict various sources of financial risk at time of offer
- The implementation of dynamic pricing offers in a competitive way while controlling risk exposures and achieving business goals
- Best practices for risk-based pricing deployments
After this presentation you will understand the advantages of risk-based pricing powered by advanced analytics and how to propose such strategy to your pricing committee.
Speakers: Be’eri Mart, Global Head of Banking and Giovanni Oppenheim, Director of Banking Solutions
October 5th, 2022