Hello! We’re 2nd Order Solutions

2nd Order Solutions
4 min readSep 19, 2023

Who are we and why should you care about this blog?

This blog is run and written by 2nd Order Solutions. We are a credit consulting firm that provides world class lending solutions for financial institutions. 2OS has a great deal of knowledge that we would like to share with the public across data science, analytics, and industry insights. While we regularly release white papers providing deep dives into a variety of data science, analytics, and industry topics, with this blog we are striving to create something a bit more accessible. This blog will cover a broad range of topics to educate and provide a platform for lively discussion and meeting of the minds.

We post blogs every other Tuesday, with an alternating schedule of data science posts and analytics and industry posts.

What is 2nd Order Solutions?

2nd Order Solutions (2OS) is a boutique credit risk advisory firm that specializes in solving the world’s most challenging credit problems.

2OS is a boutique credit advisory firm that provides credit risk consultancy services for clients ranging from top 10 banks to financial technology startups throughout the world. Our credit experts use groundbreaking data analysis and modeling techniques to deliver superior economic outcomes and sustainable competitive advantages for our clients.

2OS is a boutique credit risk advisory firm that specializes in solving the world’s most challenging credit problems.

Current clients (as of this introductory post) can be found all around the world in North America, Latin America, Europe, and Australia.

What is the 2OS mission?

The 2OS mission is to bring our clients deep technical expertise, a focus on the bottom line, and our world-class experience to the challenges of today’s lending leaders. We thrive at the nexus of cutting-edge data science and world-class lending strategy. Our mission is to bring the power and potential of alt-data and advanced analytics to the age-old lending industry.

Our world-class team of credit and advanced modeling experts is committed to improving financial and risk results to deliver superior economic outcomes and sustainable competitive advantage. We ensure that the strategies we design and recommendations are both realistic and actionable, and have a robust internal focus on regulatory compliance and proper adherence to the laws and norms that govern our industry. We help our clients acquire and develop the internal capabilities required to be successful long after we are gone.

What does 2nd Order Solutions do?

Our credit experts use groundbreaking data analysis and modeling techniques to deliver superior economic outcomes and sustainable competitive advantages for our clients.

2OS has deep experience with lending businesses across Card, Auto, Small Business, Home Loans, and Personal Loans, at all points in the credit lifecycle, including customer acquisitions, customer management, collections and recoveries, and fraud strategy. 2OS partners also have vast expertise in all aspects of Collections, both as operating executives and as consultants.

2OS provides insights into effectiveness through data science and analytics. We stay up to date on the most cutting-edge data science and analytics techniques by attending and presenting at financial and technical conferences, engaging in groundbreaking research, and focusing on identifying emerging economic trends. 2OS regularly releases white papers diving into those topics. Some of our recent papers include:

Who is on the 2OS team?

Our partners, Scott Barton and Dave Wasik, are seasoned financial services veterans with deep credit risk experience. Both Scott and Dave have held executive roles in Capital One’s US Card business leading several areas including Small Business Card, Decision Sciences, Fraud, Collections and Recoveries, and Customer Management.

Our team is made up of some of the best business analysts and data scientists in the world. We strive to create a collaborative, high performing environment that promotes rapid development for our people while consistently delivering amazing results for our clients. Our team of incredible business analysts and data scientists collaborate to achieve our main goal: make our clients winners.

See you in the next post!

Want to learn more? Get in touch with us!

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2nd Order Solutions

A boutique credit advisory firm providing credit risk & data science consulting services from top 10 banks to fintech startups