Credit and Loans

NeuroXL Clusterizer - Neural Network Finance Application - Credit and Loans

Neural Networks have enjoyed widespread adoption in finance due partly to their excellent ability for data clustering. A prime example of a finance application is clustering loan applications. Analysis of who defaults on loans and why is big business. Banks can prevent significant losses by obtaining a solid understanding of who will default on a mortgage. Determining the correlations that lead to bad loans can be an effective way of reducing the risk associated with loans, by pointing out high-risk applicants who should be avoided at all costs.

NeuroXL Clusterizer Software is an add-in for Microsoft Excel that can be used to provide highly accurate clustering of loan applications. When evaluating requests for loans, numerous interrelated variables influence the final decision as to whether the individual is credit worthy. NeuroXL Clusterizer can make decisions easier by clustering loan applications based on numerous complex variables. For example, the following inputs and outputs could be used:


>Home ownership status
>Years in current position
>Bank account balance


>Classify as High-risk / Low-risk / Medium-risk

All the analyst needs to do is to specify the inputs and set a few parameters - NeuroXL Clusterizer then does the work of clustering the loan applications.

Advanced Technology for clustering

Neural networks are a well-established technology for solving clustering problems in finance that use training and testing data to build a model. The data involves historical data sets containing input variables, or data fields, which correspond to an output. The training data is what the networks use to "learn" the patterns and similarities in the data.

NeuroXL Clusterizer as a tool for Financial Analysts

NeuroXL Clusterizer has become quite popular with financial analysts, having proven their clustering powers through comparison with other applications and techniques. Using Clusterizer, all the user needs to do is to specify the inputs and outputs and set the required parameters.

Price advantage

clustering software as sophisticated as NeuroXL Clusterizer usually costs hundreds, sometimes even thousands of dollars. NeuroXL Clusterizer is the first and only solution to offer this advanced technology for less than fifty dollars!

More information

For more information on NeuroXL Clusterizer and other products, please visit our home page .

Useful Links

>More on Artificial Intelligence in Finance
>AI in Finance: Neural Networks



New versions of NeuroXL Predictor, NeuroXL Clusterizer and NeuroXL Package released: 4.0.6

July 18, 2016


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I can definitely recommend NeuroXL software to any individual or business that would like to take advantage of the power of artificial neural networks in analyzing complex data.

Dr. Jean-Michel Jaquet