Analysis Period
Credit Insights leverages Open Banking data to give a detailed budget analysis of your users. This page outlines the various analysis periods available for Credit Insights when analyzing user budget data.
| Mode | Description | Example Period |
|---|---|---|
| MONTHS_AND_CURRENT | Includes transactions from the current month and X previous months. | If X=3, data from the current month and past 3 months. |
| MONTHS_TRUNCATED | Excludes the current month. Only considers X previous months. | If X=3, only data from the past 3 months. |
| MONTHS | Includes exact X rolling months. | If today is 23rd Oct and X=3: The data goes from 23rd Jul to 23rd Oct. |
| DAYS | Considers an exact number of days. Does not adhere to month boundaries. | If today is 23rd Oct and X=90: The data goes from 25th Jul to 23rd Oct. |
The Analysis Period feature, as described here, is only available for Credit Insights. The Credit Score and Payment Score have a predefined period of 90 days.
Periods available in more details
MONTHS_AND_CURRENT
This is our default analysis period. Every newly created project will have this period mode. If you'd like to change it for your project, please contact us on support@algoan.com.
For this configuration, Credit Insights use categorize all transactions found the current month and X previous months. For exemple :
{ "parameters": { "period": { "mode": "MONTHS_AND_CURRENT", "numberOfMonths": 3 } }}In this case we will get all the transactions from the current month and the previous 3 months. In the example below, the aggregation date is on Oct 23rd.
MONTHS_TRUNCATED
This analysis period should be used when ou want to ignore the current month and only run the Credit Insights for X previous months. For exemple :
"parameters": { "period": { "mode": "MONTHS_TRUNCATED", "numberOfMonths": 3 } }}In this case we will ignore the transactions of the current month and only analyse the transactions from the previous 3 months. In the example below, the aggregation date is on Oct 23rd and the transactions from October have not been included in the analysis.
MONTHS
This analysis period should be used when ou want to have an exact number of rolling months. For exemple :
"parameters": { "period": { "mode": "MONTHS", "numberOfMonths": 3 } }}In the example below, the aggregation date is on 23rd Oct. Therefore the analysis period goes from the Jul 23rd to Oct 23rd.
DAYS
This analysis period should be used when ou want to have an exact number of days. For exemple :
"parameters": { "period": { "mode": "DAYS", "numberOfDays": 90 } }}In the example below, the aggregation date is on 23rd Oct. Therefore the analysis period goes from the Jul 25th to 23rd Oct (90 days exactly).
