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Scorecard development is important to retail financial services in terms of credit risk management, Basel II compliance, and marketing of credit products. This book offers insight into professional practices in different stages of credit scorecard development, such as model building, validation, and implementation.
List of contents
Acknowledgments.
Chapter 1: Introduction.
Scorecards: General Overview.
Chapter 2: Scorecard Development: The People and the Process.
Scorecard Development Roles.Intelligent Scorecard Development.
Scorecard Development and Implementation Process: Overview.
Chapter 3: Scorecard Development Process, Stage 1: Preliminaries and Planning.
Create Business Plan.
Create Project Plan.
Why "Scorecard" Format?
Chapter 4: Scorecard Development Process, Stage 2: Data Review and Project Parameters.
Data Availability and Quality.
Data Gathering for Definition of Project Parameters.
Definition of Project Parameters.
Segmentation.
Methodology.
Review of Implementation Plan.
Chapter 5: Scorecard Development Process, Stage 3: Development Database Creation.
Development Sample Specification.
Development Data Collection and Construction.
Adjusting for Prior Probabilities.
Chapter 6: Scorecard Development Process, Stage 4: Scorecard Development.
Explore Data.
Missing Values and Outliers.
Correlation.
Initial Characteristic Analysis.
Preliminary Scorecard.
Reject Inference.
Final Scorecard Production.
Choosing a Scorecard.
Validation.
Chapter 7: Scorecard Development Process, Stage 5: Scorecard Management Reports.
Gains Table.
Characteristic Reports.
Chapter 8: Scorecard Development Process, Stage 6: Scorecard Implementation.
Preimplementation Validation.
Strategy Development.
Chapter 9: Scorecard Development Process, Stage 7: Postimplementation.
Scorecard and Portfolio Monitoring Reports.
Review.
Bibliography.
Index.
Report
"The book is a comprehensive guide for developing, implementing and monitoring credit risk scorecards." ( Institute of Chartered Financial Analysts of India , November 2006)
