HES and OneSoil Announce a Partnership to Enhance Agricultural Lending
Today, HES and OneSoil announced a strategic partnership, delivering a new AI-powered platform for agricultural lending and insurance. The companies combined their businesses' expertise to deliver WizeRise – a platform that utilizes real-time agricultural lending insights and helps risk officers improve decision-making.
This partnership brings together leading loan management software with a state-of-the-art platform for precision agriculture, providing a solution for faster and more reliable scoring. Born from the expert minds of HES and OneSoil, WizeRise aims to help lenders and farmers alike make better and more precise loan decisions.
"This partnership leverages both companies’ resources, technologies and industry expertise,“ said Dmitry Dolgorukov, CEO of GiniMachine. “WizeRise is an unmatched, integrated solution, which we know will enable lenders to reduce operational costs and increase productivity."
"We share a joint philosophy with the HES team that puts customers’ success at the forefront of business,“ commented Viacheslav Mazai, CEO of OneSoil. “We are convinced that this partnership will be very fruitful for both companies and will allow us to provide agricultural lenders with the most sophisticated scoring platform."
WizeRise is an ML-powered platform for agricultural lending and insurance. It can automatically take a holistic view of farm borrowers’ applications and find valuable patterns for decision-making. The platform takes advantages of:
- Years of satellite images to define and track the stages of crop development, and monitor them in real-time.
- Deep learning models, computer vision, IoT, and original machine learning algorithms, which enable automated real-time data processing.
HES (HiEnd Systems) develops web-based lending and machine learning software for financial institutions. The company operates an integrated end-to-end digital lending solution for managing the full loan lifecycle in a single system. It caters to banks, finance companies, credit unions, non-bank financial organizations, and other specialized institutions worldwide. HES was founded in 2012 and is based in Minsk, Belarus with additional offices in Moscow, Russia, and Vilnius, Lithuania.
Founded in 2017, OneSoil is an agritech startup for precision agriculture. The platform has an interactive digital map that includes over 57 million fields across Europe and the US, as well as three years and counting of historical data on 20 types of crops.