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Microsoft Azure customers worldwide now gain access to the Praexia credit modelling toolkit to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.

Praelexis AI has proudly announced the availability of its cutting-edge suite of credit scorecard modelling libraries, named Praexia, in Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Praelexis AI customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

At its core, Praexia is a cloud-native toolset that offers an encompassing credit modelling lifecycle solution designed for datasets of various scales, from large to small. The toolkit boasts an array of intuitive graphical tools that empower decision scientists to leverage the capabilities of the Python ecosystem. What sets Praexia apart are the remarkable features it presents, features that are rarely associated with conventional credit modelling solutions. Functioning as a cloud-native toolkit, Praexia seamlessly operates within the Microsoft Azure environment, accommodating datasets of varying sizes. Its versatility shines through its out-of-the-box visual tools, which facilitate the creation and assessment of credit models through established methodologies like Weights of Evidence. Moreover, users are granted the option to delve directly into state-of-the-art techniques by harnessing the full breadth of the Python ecosystem.

Dr. McElory Hoffmann, the CEO of Praelexis, remarked, “We have successfully introduced credit modelling to the global market, replete with innovative features that thrive within a cloud-native framework.” Praelexis stands as a distinguished Microsoft Gold Partner and Independent Software Vendor, further validated by their receipt of the South African AI Partner of the Year award. This accolade underscores their commitment to delivering cutting-edge analytics and AI solutions to the banking, financial services, and insurance sectors.

Jake Zborowski, the General Manager of the Microsoft Azure Platform at Microsoft Corp., expressed his enthusiasm, stating, “We’re pleased to welcome Praexia to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe. Azure Marketplace offers world-class quality experiences from global trusted partners with solutions tested to work seamlessly with Azure.”

The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovating, cloud-based solutions with partners who have developed solutions that are easy to use.

Praelexis builds responsible AI for a sustainable future, offering comprehensive end-to-end machine learning consulting services aimed at tailored solutions. Their commitment extends to the development of data products that cater to industry needs, with Praexia standing as a prime testament to their capabilities.