||Intelligent Credit Scoring: Building and Implementing Credit Risk Scorecards, Second Edition|
by Naeem Siddiqi
Anticipated publication date: Fourth Quarter 0216
In-house scorecard development is not only a rapidly growing trend, it's also faster, less expensive, and enables companies to create better-performing scorecards by applying firsthand knowledge of internal data and business insights. Intelligent Credit Scoring: Building and Implementing Better Credit Risk Scorecards, Second Edition, by Naeem Siddiqi, takes you beyond the technical part of building scorecards and shows you how to apply business intelligence to the process in order to solve business problems.
This extensively updated and expanded second edition incorporates the latest best practices and advances into its flexible framework for end-to-end development and implementation of risk-prediction scorecards. Specifically written for treasurers, credit risk managers, and CFOs operating in the real world, this highly practical guide features new cases and fresh voices from a variety of companies all over the world, diagrams and up-to-date examples of binning and bias detection using Weight of Evidence (WoE) curves, and more in-depth analysis in every chapter. By taking a business-oriented approach to the scorecard, a variety of people throughout the financial institution can contribute their insights to generate a dependable, customized tool for accurate risk avoidance and enhanced decision making. One of the most powerful features of this framework is the risk profile, which integrates predictive variables into the scorecard in order to replicate the thought processes
of skilled risk adjudicators. In addition to optimizing your bottom line, the framework is also designed to produce scorecards in full compliance with Basel II requirements.
If you still keep the first edition on hand for everyday practice, this revised edition will quickly take its place for providing a behind-the-scenes look at how the end-to-end process plays out in the real world using sample data; all-new coverage on producing an end-to-end infrastructure for scorecard development, governance, and integration; and relevant examinations of policy rules and revealing interviews with practicing adjudicators focused on bias detection.
Intelligent Credit Scoring, Second Edition, is your one-stop solution for maximizing your intelligent resources, streamlining processes, and building smarter scorecards for achieving business results.