Solution
Improving the quality of credit scoring
Full audit of the customer's scoring models, analysis of technologies and opportunities for improvement, adding metrics. Implementation of changes and bringing to production with payment for the result
up to 40%
the possibility of increasing the net profit of a credit institution
up to 95%
reduction of application processing time
up to 25%
reduction of overdue debt over 30 days
Comprehensive audit and revision of scoring models will help to improve
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The accuracy of the classification of borrowers -
Portfolio revision and rebalancing -
Business profitability -
Qualification of existing risk management
Features of the approach
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We are based on your data and business processes with full immersion in the specifics -
Each project receives algorithms for including additional information about the borrower -
The project period before the introduction of changes is from 4 to 8 months
Stages of work
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1Audit of the customer's product line. Preparation of the report and recommendations
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2Acquaintance and evaluation of the customer's personnel, provision of an opinion
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3Technological audit of existing scoring models – preparation of a report and recommendation
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4Preparation, receipt of data for the refinement of the scoring system
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5ML model/models development
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6Model Testing – Deployment report and conclusion
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7System deployment and pilot operation
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8Using of the system
Cost of implementation
1
Prepayment before the start of work is only 12 000 $
2
The final payment is made after updating the decision-making systems (scoring model) of the bank or MFI as 35% of the profitability increase for 1 calendar year. The conditions are prescribed in the contract
Garantee
If the discrepancy between the forecasts on the test data and the data "on the battle" is more than 20%, we will refund 100% of the deposit