Tamarack.ai Launch
1. What is Tamarack.ai and what does it do?
Tamarack.ai is an artificial intelligence platform that aggregates and leverages data to predict
business outcomes like payment delinquency, pricing, and funding to accelerate the speed and
accuracy of an institution’s financial decisions.
2. What are the benefits of using Tamarack.ai?
Tamarack’s AI tools help create an immediate competitive advantage in the short-term and
allow institutions to scale performance over time. The Data Console provides a business
intelligence framework, accessible via Microsoft Office 365 via Power BI, for all of an institution’s
data in one place. Tamarack’s PowerBI workbooks provide out-of-the-box analytics and
visualization of the key measures necessary to run the business.Tamarack’s Predictors facilitate faster decisions with better data – less risk. Operational policies
can leverage prediction results to fully automate the front-end workflow of the business.
3. How does Tamarack.ai work?
Tamarack.ai leverages both financial and operational data to enhance productivity and drive
more revenue. The Data Console aggregates all of an institution’s data streams using modern
software architecture and tools in the cloud. Tamarack uses the Microsoft Azure and Power (BI,
Apps, and Automate) platforms so the platform is fully compatible with any organization using
Office 365. Additionally, the platform uses the access and security controls that Microsoft
provides – e.g., Defender, Identity Management, and Active Directory.
4. What types of organizations can benefit from Tamarack.ai?
Tamarack.ai provides an operational data advantage to independent lessors, finance
companies and industrial OEMs who want to make better use of their data and improve their
competitive position. Tamarack.ai is a fully integrated AI tool that continuously and
autonomously helps reduce capital risk through analysis and learning gained from operational
data.
5. What types of systems does Tamarack.ai work with?
Tamarack.ai is built with a modern software architecture and tools that ingest data via APIs or
CSV files from almost any system an equipment finance company might use. The Data Console
anticipates data from Lease Origination Systems (LOS) and Customer Resource Management
(CRM) systems on the front end, a wide range of third-party data like credit scores, Know Your
Customer (KYC), and credit bureau data, and then portfolio data from both Contract
Management Systems (CMS) and operational equipment systems leveraging IoT.
6. How long does it take to set up?
When a customer is using common LOS, CMS, and CRM systems in the industry, Tamarack
will likely have all the integrations in hand, so Data Console set ups are typically less than two
weeks. Predictors require training and data integrity work that can extend to four weeks
typically.
7. How does Tamarack.ai impact an organization's workforce?
Tamarack.ai uses AI to enhance the productivity of the workforce – sales, credit, contracts,
portfolio management, and general management. Tamarack.ai makes an institution’s way of
doing business and their staff more valuable.