Atom bank has selected Provenir’s AI-powered decisioning platform as part of a strategic move to simplify and enhance its credit risk and data orchestration processes across a range of lending and savings products.

The deployment of the Provenir platform will support Atom’s efforts to streamline risk decisioning and improve operational efficiency across its residential mortgage, buy-to-let, SME secured lending, and consumer savings portfolios. The software will be used to manage credit, fraud and identity decisioning processes within a single environment.

Chris Storey, chief commercial officer at Atom bank, said the partnership would allow the lender to consolidate its technology stack and maintain a strong focus on user experience as it scales. “Atom bank provides simple, well designed mortgages and savings products that deliver ease, speed and value right to your device,” he said.

“As our customer base and operations continue to grow, our adoption of Provenir’s AI Decisioning Platform will reduce the complexities of managing multiple risk decisioning platforms while supporting our commitment to exceptional customer experience.”

Provenir’s platform is designed to help financial institutions make faster and more accurate decisions by integrating data orchestration, decision logic and AI-driven insights in a single system. It supports clients in over 60 countries and handles more than 4 billion transactions annually.

Mark Collingwood, vice president of sales for Europe at Provenir, described Atom as “one of the most innovative and successful challenger banks in the UK,” adding that the partnership would support Atom’s ambitions to become “the most customer-centric bank on the planet.”