Corridor Platforms Launches Credit Decisioning Platform in Private Beta for Small and Midsize Banks

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Platform combines speed, disciplined approval workflows, and advanced analytics for traditional banks to compete in today’s digital lending marketplace

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Advancements in digital lending has been a disintermediating force for traditional banks. Large banks have invested significant resources to upgrade their credit decisioning capabilities. For smaller banks, it’s been more difficult to overcome this disruption.

Corridor Platforms, Inc., a leading provider of proprietary risk management software, today launched in private beta its credit risk management platform to support real-time credit decisions by small and midsize banks throughout the entire customer lifecycle. The company also appointed former American Express President of Global Credit Risk and Information Management, Ash Gupta as board chairman.

Growth in digital lending has provided traditional banks new ways to expand their product offerings and broaden their customer base, but digital lenders have also significantly disrupted the space for these same banks focused on consumer and small business lending. This new platform was designed to directly address this disruption, by enabling traditional small and midsize banks to benefit from the shift to digital lending while maintaining a disciplined approach to risk management.

“Advancements in digital lending has been a disintermediating force for traditional banks,” remarked Manish Gupta, CEO and founder of Corridor Platforms. “Large banks have invested significant resources to upgrade their credit decisioning capabilities. For smaller banks, it’s been more difficult to overcome this disruption due to the lack of resources it takes to build platforms in house that speed decision making, maintain a disciplined approach to credit approvals, and take advantage of advanced big data analytics to manage risk.”

Corridor Platforms bridges this gap by combining unparalleled experience, technical knowledge, and advanced analytics. The platform provides a solution like nothing else available on the market today. It does much more than credit modeling and is a technology tool that the entire credit and risk management team can use to make fast, well-informed credit decisions from prospecting and underwriting to customer management. Users can instantaneously evaluate and compare various risk strategies before enacting a disciplined approval process. It also includes automated monitoring and alerts that allow users to continuously track, manage, and assess credit risk throughout the entire customer relationship.

The core team, including CEO Manish Gupta, COO Jean-Paul Ndong, and board chairman Ash Gupta, has a combined 75+ years in credit product design, underwriting and customer risk management. They have originated and managed over $75B in consumer and small business credit portfolios through multiple credit cycles and recessions. The platform was built in partnership with Clairvoyant, a company that specializes in building big data solutions for enterprises and provides technology consulting and services globally.

“An important element of the continued shift to digital lending is the use of advanced data analytics and machine learning to automate, but also leverage all available customer data to monitor risk and make decisions in real-time,” said Manish Gupta. “Clairvoyant has a long track record of building innovative big data products with deep vertical knowledge and expertise in the financial services industry. They were an ideal technology and integration partner for this platform.”

Chandra Ambadipudi, CEO of Clairvoyant added, “This platform is a perfect example of a purpose-built solution that addresses problems unique to specific industries like lending and how big data applications can be customized for very specific use cases. We see a lot of opportunity ahead for this platform to make inroads with small and midsize banks that are facing the challenges that come with the rapid shift towards digital lending.”

For a live demo and more information about the Corridor Platforms Credit Decisioning Platform during the private beta, please visit

About Corridor Platforms
Corridor Platforms is a leading provider of proprietary risk management software. The company’s Credit Decisioning Platform was created by a team of highly seasoned credit professionals leveraging the most advanced analytics and big data capabilities. The core leadership team comprises of senior credit executives with decades of experience designing, underwriting, pricing and managing multi-billion dollar lending portfolios through multiple credit and recessionary cycles. Corridor Platforms Inc. is majority owned by Corridor Funds LLC ( with additional investment from EXL Service, a leading operations management and analytics company.

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Peter Moran
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