Intelligent Credit Scoring

Building and Implementing Better Credit Risk Scorecards

Business & Finance, Accounting, Financial
Cover of the book Intelligent Credit Scoring by Naeem Siddiqi, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Naeem Siddiqi ISBN: 9781119282334
Publisher: Wiley Publication: December 20, 2016
Imprint: Wiley Language: English
Author: Naeem Siddiqi
ISBN: 9781119282334
Publisher: Wiley
Publication: December 20, 2016
Imprint: Wiley
Language: English

A better development and implementation framework for credit risk scorecards

Intelligent Credit Scoring presents a business-oriented process for the development and implementation of risk prediction scorecards. The credit scorecard is a powerful tool for measuring the risk of individual borrowers, gauging overall risk exposure and developing analytically driven, risk-adjusted strategies for existing customers. In the past 10 years, hundreds of banks worldwide have brought the process of developing credit scoring models in-house, while ‘credit scores' have become a frequent topic of conversation in many countries where bureau scores are used broadly. In the United States, the ‘FICO' and ‘Vantage' scores continue to be discussed by borrowers hoping to get a better deal from the banks. While knowledge of the statistical processes around building credit scorecards is common, the business context and intelligence that allows you to build better, more robust, and ultimately more intelligent, scorecards is not. As the follow-up to Credit Risk Scorecards, this updated second edition includes new detailed examples, new real-world stories, new diagrams, deeper discussion on topics including WOE curves, the latest trends that expand scorecard functionality and new in-depth analyses in every chapter. Expanded coverage includes new chapters on defining infrastructure for in-house credit scoring, validation, governance, and Big Data.

Black box scorecard development by isolated teams has resulted in statistically valid, but operationally unacceptable models at times. This book shows you how various personas in a financial institution can work together to create more intelligent scorecards, to avoid disasters, and facilitate better decision making. Key items discussed include:

  • Following a clear step by step framework for development, implementation, and beyond
  • Lots of real life tips and hints on how to detect and fix data issues
  • How to realise bigger ROI from credit scoring using internal resources
  • Explore new trends and advances to get more out of the scorecard

Credit scoring is now a very common tool used by banks, Telcos, and others around the world for loan origination, decisioning, credit limit management, collections management, cross selling, and many other decisions. Intelligent Credit Scoring helps you organise resources, streamline processes, and build more intelligent scorecards that will help achieve better results.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A better development and implementation framework for credit risk scorecards

Intelligent Credit Scoring presents a business-oriented process for the development and implementation of risk prediction scorecards. The credit scorecard is a powerful tool for measuring the risk of individual borrowers, gauging overall risk exposure and developing analytically driven, risk-adjusted strategies for existing customers. In the past 10 years, hundreds of banks worldwide have brought the process of developing credit scoring models in-house, while ‘credit scores' have become a frequent topic of conversation in many countries where bureau scores are used broadly. In the United States, the ‘FICO' and ‘Vantage' scores continue to be discussed by borrowers hoping to get a better deal from the banks. While knowledge of the statistical processes around building credit scorecards is common, the business context and intelligence that allows you to build better, more robust, and ultimately more intelligent, scorecards is not. As the follow-up to Credit Risk Scorecards, this updated second edition includes new detailed examples, new real-world stories, new diagrams, deeper discussion on topics including WOE curves, the latest trends that expand scorecard functionality and new in-depth analyses in every chapter. Expanded coverage includes new chapters on defining infrastructure for in-house credit scoring, validation, governance, and Big Data.

Black box scorecard development by isolated teams has resulted in statistically valid, but operationally unacceptable models at times. This book shows you how various personas in a financial institution can work together to create more intelligent scorecards, to avoid disasters, and facilitate better decision making. Key items discussed include:

Credit scoring is now a very common tool used by banks, Telcos, and others around the world for loan origination, decisioning, credit limit management, collections management, cross selling, and many other decisions. Intelligent Credit Scoring helps you organise resources, streamline processes, and build more intelligent scorecards that will help achieve better results.

More books from Wiley

Cover of the book Crohn's and Colitis For Dummies by Naeem Siddiqi
Cover of the book Mobile Positioning and Tracking by Naeem Siddiqi
Cover of the book Dyslexia by Naeem Siddiqi
Cover of the book The Agile Architecture Revolution by Naeem Siddiqi
Cover of the book The Field Guide to the 6Ds by Naeem Siddiqi
Cover of the book Liver Imaging by Naeem Siddiqi
Cover of the book Contemporary Confucian Political Philosophy by Naeem Siddiqi
Cover of the book A Companion to John Adams and John Quincy Adams by Naeem Siddiqi
Cover of the book The Dhandho Investor by Naeem Siddiqi
Cover of the book Learning Cities for Adult Learners by Naeem Siddiqi
Cover of the book The Analytic Hospitality Executive by Naeem Siddiqi
Cover of the book Communication Acoustics by Naeem Siddiqi
Cover of the book Effective Supervisory Relationships by Naeem Siddiqi
Cover of the book The Act of Remembering by Naeem Siddiqi
Cover of the book Essential Strategies for Financial Services Compliance by Naeem Siddiqi
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy