Propose is the module of OutRank® responsible for the underlying mathematical optimization within digital and hybrid financial journeys. Based on the utility theory, Propose calculates and determines strategies allowing the end user to achieve their financial goals. Propose includes our flexible framework for risk and economic profiling.
Propose can recommend optimal or most suitable actions or products considering the end-customers balance sheet, risk preferences and financial goals.
The optimization is driven by calibrating a utility function with constant relative risk aversion (CRRA).
Our methodologies include risk profiling assessing an individual’s attitude to risk, as well as economic profiling categorizing personal income levels and expenses.
Quickly build innovative, reliable and secure wealth experiences by accessing our APIs for Wealth, already powering wealth services in a number of financial institutions.Contact