Experian wants finance companies and other lenders to be able to use new models and tools as soon as possible.

To combat the challenges clients face in deployment and other operations, Experian launched of Ascend Ops, the company’s newest solution designed to empower finance companies and other lenders to install new features and models in days or weeks instead of months.

While optimized for financial services, Experian highlighted Ascend Ops can be used to build, deploy and manage models across industries. The solution can deploy and run models created in any popular open-source language or development platform without recoding or additional technical support.

“Ascend Ops is a game changer in operational efficiency and, most importantly, in helping our clients protect and better serve consumers without making significant investments in their infrastructure,” Experian president of consumer information services Scott Brown said in a news release.

“Our solution provides a smarter, faster and better way for our clients to rapidly deploy and manage models for key use cases, including marketing, underwriting, fraud prevention, account management and more,” Brown continued.

To date, Experian indicated, more than 50 financial institutions are early adopters of Ascend Ops to transform their model deployment and management operations.

The company emphasized three points about why this new solution matters now, including:

—In today’s rapidly changing environment, 95% of finance companies lenders are using advanced analytics to stay ahead and best serve consumers.

—As models become more sophisticated, deployment timelines and costs can increase.

—Experian’s research shows it takes 15 months on average to build a model for credit decisioning and 55% of finance companies lenders have built models that have not made it to production.

Experian’s integrated solution Ascend Ops is the latest innovation on the Experian Ascend Technology Platform. It’s all geared to transform business operations by:

—Automating the deployment of custom features and models for various business outcomes and moving them into production in days instead of months

—Accelerating the use of advanced analytics and machine learning capabilities

—Leveraging powerful run-time services to source data and calculate models for real-time and batch decisions

—Eliminating the need to recode models, allowing businesses to code once in any language they choose, and then reuse across the customer lifecycle

—Providing a solution that allows clients’ data, analytics, and models to be accessible to their decision engine as well as across all their deployment applications

—Proactively monitoring and tracking model performance

The company mentioned Ascend Ops can be used independently or with other integrated solutions available on the Experian Ascend Technology Platform, including Ascend Analytical Sandbox, Credit Profile, Ascend Marketing, PowerCurve and Ascend Account Insight Review.

For example, when Ascend Ops is used with Ascend Marketing, Experian said its clients can drive campaigns into production in hours or days instead of weeks or months.

“Leveraging these Experian solutions together allows clients to react to changing conditions, test and learn, and get changes to production much quicker and cost effectively,” the company said.

To learn more about Ascend Ops, visit https://www.experian.com/business/products/ascend-ops.