Fairplay vs. FairCom DB

FairCom DB

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What is Fairplay?

FairPlay has launched an innovative Fairness-as-a-Service™ solution specifically designed for the financial industry. By leveraging cutting-edge AI technologies, we can assess your automated decision-making models in a matter of minutes, aiming to improve both fairness and financial performance. Our offerings include five detailed Fact Sheets that delve into the mortgage equity landscape for female, black, Hispanic, millennial, and baby boomer applicants. In crafting these insights, FairPlay™ conducted a thorough analysis of publicly available data sourced from the Home Mortgage Disclosure Act Database for the year 2020. Our study concentrated solely on individuals applying for new home purchases, intentionally leaving out those looking for refinancing or lines of credit. We computed the Adverse Impact Ratio (AIR) for every county throughout the United States and broadened our investigation to include AIR values for 20 major metropolitan regions. FairPlay™ identifies discrepancies in your decision-making frameworks and provides actionable strategies to enhance both fairness and profitability, showcasing to clients, regulators, and the broader community your dedication to equitable practices. By aligning with regulatory requirements, our method fosters greater trust and transparency within the communities you serve, ultimately contributing to a more just financial landscape for all applicants.

What is FairCom DB?

FairCom DB stands out as an exceptional solution for managing large-scale, mission-critical business applications that require unmatched performance, reliability, and scalability that are often elusive with other database systems. It excels in delivering consistent high-speed transactions while integrating big data analytics and facilitating extensive parallel processing. With NoSQL APIs at their disposal, developers can efficiently handle binary data at machine speed, while the use of ANSI SQL enables straightforward queries and analyses on the same binary datasets. A notable example of its versatility can be seen in Verizon's recent decision to utilize FairCom DB as the in-memory database for their Intelligent Network Control Platform Transaction Server Migration. This sophisticated database engine offers a Continuum of Control, enabling organizations to achieve exceptional performance alongside a low total cost of ownership (TCO). Rather than imposing restrictions, FairCom DB adapts to the specific needs of users, ensuring that they are not limited by conventional database constraints. This flexibility empowers businesses to innovate and optimize their operations without compromise.