Debt Purchaser has announced that is l building  ‘next-generation’ data science capabilities with the launch of Lowell Labs Amsterdam

Based in Amsterdam, Lowell Labs is a data science centre of excellence focused on creating new insights about consumer credit data, segmentation, and financial behaviour. Its work will serve Lowell’s three core geographies (the UK, DACH, and Nordics regions) and tackle some of the industry’s most challenging questions related to asset pricing, consumer segmentation, forensic analysis, and forecasting.

Led by Group Chief Science Officer, Christopher Trepel PhD, the Lowell Labs team will apply advanced statistics and machine learning methods, and leverage one of Europe’s deepest pools of consumer credit data, to deliver new business insights that benefit consumers, clients, and Lowell’s core business.

Amsterdam was chosen following a specialised search process that considered university programs and graduation rates, data science community activities, and international business practices and reputation. Amsterdam is Europe’s data science hub and a natural home for Lowell’s latest analytic investment.

Group Chief Science Officer, Christopher Trepel  said “As the newest location for Lowell, and an extension of the Decision Science department, our Amsterdam office reflects both the entrepreneurial spirit and freedom-to-operate of a start-up with the stability of a large, pan-European corporate business.”

“Our work influences every aspect of Lowell’s business and we are deeply committed to developing talented data scientists and answering the financial service sector’s most interesting questions.”