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Informationen zum Autor NAEEM SIDDIQI is the Director of Credit Scoring and Decisioning with SAS® Institute. He has more than twenty years of experience in credit risk management, both as a consultant and as a user at financial institutions. He played a key role in developing SAS® Credit Scoring and continues to provide worldwide support for the initiative. Klappentext A better development and implementation framework for credit risk scorecardsIntelligent 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 scorecardCredit 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. Zusammenfassung 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. Inhaltsverzeichnis Acknowledgments xiii Chapter 1 Introduction 1 Scorecards: General Overview 9 Notes 18 Chapter 2 Scorecard Development: The People and the Process 19 Scorecard Development Roles 21 Intelligent Scorecard Development 31 Scorecard Development and Implementation Process: Overview 31 Notes 34 Chapter 3 Designing the Infrastructure for Scorecard Development 35 Data Gathering and Organization 39 Creation of Modeling Data Sets 41 Data Mining/Scorecard Development 41 Validation/Backtesting 43 Model Implementation 43 Reporting and Analytics 44 Note 44 Chapter 4 Scorecard Development Process, Stage 1: Preliminaries and Planning 45 Create Business Plan 46 Create Project Plan 57 Why "Scorecard" Format? 6...
