Nedbank South Africa Selects Paragon's Modeller for Credit Risk Modelling

Paragon is delighted to announce that Nedbank, one of South Africa’s leading financial institutions, has selected and licensed Modeller to support its credit risk modelling activities. The agreement was facilitated through Paragon’s South African reseller partner, Experian, who will manage the local client relationship and provide on‑the‑ground support services.  The deployment of Modeller will equip Nedbank’s credit risk teams with a powerful and transparent platform for building and managing predictive credit risk models across its lending portfolios.

Purpose‑built for financial services organisations, Modeller enables analysts and risk teams to streamline model development while maintaining strong standards of governance, explainability and regulatory compliance. The platform supports efficient, repeatable workflows without compromising transparency or control.  Nedbank selected Modeller for its advanced modelling capabilities, intuitive user experience and robust audit and governance features. Together, these capabilities allow teams to accelerate model development while maintaining full oversight and control throughout the model lifecycle.

“We are delighted that Nedbank has chosen Modeller to support its credit risk modelling,” said Mark Thompson, Product Manager at Paragon. “Our partnership with Experian in South Africa enables organisations like Nedbank to combine best‑in‑class modelling technology with strong local expertise and dedicated in‑country support.”

Experian will provide local account management, adoption assistance and ongoing customer engagement, ensuring Nedbank benefits from regional insight alongside Paragon’s specialist modelling expertise.

Modeller supports a broad range of credit risk modelling activities, including scorecard development, field reduction and grouping, machine learning, reject inference and explainability reports. The platform is widely used by banks and lenders seeking to improve analytical efficiency and strengthen data‑driven decision‑making.

This agreement further strengthens Paragon’s presence in the international banking and financial services market and underscores the value of strategic partnerships in delivering high‑quality analytical solutions to credit risk professionals worldwide.

For more information about Modeller and Paragon’s credit risk solutions, please contact info@credit-scoring.co.uk.