Credit Scoring
Automatic assessment of credit risk through advanced statistical methods-
Credit Scoring
Score Card
What is Credit Scoring?
Credit Scoring evaluates the potential risk posed by the customer and in turn identifies the consumers that are likely to default or bring most revenue
Features
- A tool which allows the client to carry out its own credit risk modelling
- Intuitive interface, does not require any coding
- Users can control the extent to which modelling flow is automated
- Designed to accommodate both risk analysts with domain knowledge and data scientists with statistical expertise.
- Selection of variables for model building can either be fully automated or guided by domain knowledge and statistical expertise
- Logistic regression used for model building
- Can be easily integrated with bank's systems to ensure seamless data flow and data security
- Can be integrated with loan originations systems to support real time decision making
- Either on-premise or cloud deployment possible
- Uses methodology accepted widely by regulators worldwide
- Consultancy and modelling provided by Smart as optional add-ons
