Lumos’ products reflect our mission to transform complex, often siloed data into actionable insights. Backed by expert financial literacy, we provide your institution with standardized, automated metrics, powerful decisioning models, and efficient processes… with rich, curated data at the heart of it all.
The Lumos Prime+ scoring model improves underwriting efficiency and provides a more accurate and fairer risk assessment for small business loans less than $500 thousand. The Lumos Prime+ score:
Lumos Prime+ significantly outperforms competing models’ accuracy allowing lenders to approve more loans to small businesses. It is exclusively offered through the Lenders Cooperative. Finally, there is a solution for banks to more completely serve their small business clients.
Drawing upon our financial industry expertise, we are proficient in the building of small business performance models for lenders. If you are looking to mitigate risk, streamline decision making, and increase efficiency, we can provide custom models built specifically for your institution. We incorporate your unique data sets with our own proprietary small business and economic performance data. Our data-backed predictive analytics help you:
Our models are built following the FDIC’s Model Risk Management guidance. Customized models will help you grow your business and provide a distinct advantage over your competitors.
Start making strategic decisions with greater clarity. You can access our proprietary dataset via a centralized, cloud-based platform to explore dashboards with real, usable data and visually intuitive information. The Lumos Portal provides a single source of truth for:
Break free from data silos, uncover growth opportunities, and reveal the insights that matter in one convenient place.
With decades of experience, we emphasize creative problem solving and deep analysis. We’re here to clear away the cobwebs and help you fully leverage your data. By collaborating with us, you gain:
Focus your energy on growing your institution rather than combing through and sorting your disparate data.