Author: Steve Hoberman
Publisher:
ISBN: 9781634620826
Category : Computers
Languages : en
Pages : 0
Book Description
This book, written for people who build, use, or review data models, contains the Data Model Scorecard template and an explanation along with many examples of each of the ten Scorecard categories.
Data Model Scorecard
Author: Steve Hoberman
Publisher:
ISBN: 9781634620826
Category : Computers
Languages : en
Pages : 0
Book Description
This book, written for people who build, use, or review data models, contains the Data Model Scorecard template and an explanation along with many examples of each of the ten Scorecard categories.
Publisher:
ISBN: 9781634620826
Category : Computers
Languages : en
Pages : 0
Book Description
This book, written for people who build, use, or review data models, contains the Data Model Scorecard template and an explanation along with many examples of each of the ten Scorecard categories.
Data Model Scorecard
Author: Steve Hoberman
Publisher: Technics Publications
ISBN: 1634620844
Category : Computers
Languages : en
Pages : 124
Book Description
Data models are the main medium used to communicate data requirements from business to IT, and within IT from analysts, modelers, and architects, to database designers and developers. Therefore it’s essential to get the data model right. But how do you determine right? That’s where the Data Model Scorecard® comes in. The Data Model Scorecard is a data model quality scoring tool containing ten categories aimed at improving the quality of your organization’s data models. Many of my consulting assignments are dedicated to applying the Data Model Scorecard to my client’s data models – I will show you how to apply the Scorecard in this book. This book, written for people who build, use, or review data models, contains the Data Model Scorecard template and an explanation along with many examples of each of the ten Scorecard categories. There are three sections: In Section I, Data Modeling and the Need for Validation, receive a short data modeling primer in Chapter 1, understand why it is important to get the data model right in Chapter 2, and learn about the Data Model Scorecard in Chapter 3. In Section II, Data Model Scorecard Categories, we will explain each of the ten categories of the Data Model Scorecard. There are ten chapters in this section, each chapter dedicated to a specific Scorecard category: · Chapter 4: Correctness · Chapter 5: Completeness · Chapter 6: Scheme · Chapter 7: Structure · Chapter 8: Abstraction · Chapter 9: Standards · Chapter 10: Readability · Chapter 11: Definitions · Chapter 12: Consistency · Chapter 13: Data In Section III, Validating Data Models, we will prepare for the model review (Chapter 14), cover tips to help during the model review (Chapter 15), and then review a data model based upon an actual project (Chapter 16).
Publisher: Technics Publications
ISBN: 1634620844
Category : Computers
Languages : en
Pages : 124
Book Description
Data models are the main medium used to communicate data requirements from business to IT, and within IT from analysts, modelers, and architects, to database designers and developers. Therefore it’s essential to get the data model right. But how do you determine right? That’s where the Data Model Scorecard® comes in. The Data Model Scorecard is a data model quality scoring tool containing ten categories aimed at improving the quality of your organization’s data models. Many of my consulting assignments are dedicated to applying the Data Model Scorecard to my client’s data models – I will show you how to apply the Scorecard in this book. This book, written for people who build, use, or review data models, contains the Data Model Scorecard template and an explanation along with many examples of each of the ten Scorecard categories. There are three sections: In Section I, Data Modeling and the Need for Validation, receive a short data modeling primer in Chapter 1, understand why it is important to get the data model right in Chapter 2, and learn about the Data Model Scorecard in Chapter 3. In Section II, Data Model Scorecard Categories, we will explain each of the ten categories of the Data Model Scorecard. There are ten chapters in this section, each chapter dedicated to a specific Scorecard category: · Chapter 4: Correctness · Chapter 5: Completeness · Chapter 6: Scheme · Chapter 7: Structure · Chapter 8: Abstraction · Chapter 9: Standards · Chapter 10: Readability · Chapter 11: Definitions · Chapter 12: Consistency · Chapter 13: Data In Section III, Validating Data Models, we will prepare for the model review (Chapter 14), cover tips to help during the model review (Chapter 15), and then review a data model based upon an actual project (Chapter 16).
Data Modeling for the Business
Author: Steve Hoberman
Publisher: Technics Publications Llc
ISBN: 9780977140077
Category : Computers
Languages : en
Pages : 285
Book Description
Did you ever try getting Business and IT to agree on the project scope for a new application? Or try getting the Sales & Marketing department to agree on the target audience? Or try bringing new team members up to speed on the hundreds of tables in your data warehouse -- without them dozing off? You can be the hero in each of these and hundreds of other scenarios by building a High-Level Data Model. The High-Level Data Model is a simplified view of our complex environment. It can be a powerful communication tool of the key concepts within our application development projects, business intelligence and master data management programs, and all enterprise and industry initiatives. Learn about the High-Level Data Model and master the techniques for building one, including a comprehensive ten-step approach. Know how to evaluate toolsets for building and storing your models. Practice exercises and walk through a case study to reinforce your modelling skills.
Publisher: Technics Publications Llc
ISBN: 9780977140077
Category : Computers
Languages : en
Pages : 285
Book Description
Did you ever try getting Business and IT to agree on the project scope for a new application? Or try getting the Sales & Marketing department to agree on the target audience? Or try bringing new team members up to speed on the hundreds of tables in your data warehouse -- without them dozing off? You can be the hero in each of these and hundreds of other scenarios by building a High-Level Data Model. The High-Level Data Model is a simplified view of our complex environment. It can be a powerful communication tool of the key concepts within our application development projects, business intelligence and master data management programs, and all enterprise and industry initiatives. Learn about the High-Level Data Model and master the techniques for building one, including a comprehensive ten-step approach. Know how to evaluate toolsets for building and storing your models. Practice exercises and walk through a case study to reinforce your modelling skills.
Data Modeling Made Simple
Author: Steve Hoberman
Publisher: Technics Publications Llc
ISBN: 9780977140060
Category : Computers
Languages : en
Pages : 360
Book Description
Read today's business headlines and you will see that many issues stem from people not having the right data at the right time. Data issues don't always make the front page, yet they exist within every organisation. We need to improve how we manage data -- and the most valuable tool for explaining, vaildating and managing data is a data model. This book provides the business or IT professional with a practical working knowledge of data modelling concepts and best practices. This book is written in a conversational style that encourages you to read it from start to finish and master these ten objectives: Know when a data model is needed and which type of data model is most effective for each situation; Read a data model of any size and complexity with the same confidence as reading a book; Build a fully normalised relational data model, as well as an easily navigatable dimensional model; Apply techniques to turn a logical data model into an efficient physical design; Leverage several templates to make requirements gathering more efficient and accurate; Explain all ten categories of the Data Model Scorecard®; Learn strategies to improve your working relationships with others; Appreciate the impact unstructured data has, and will have, on our data modelling deliverables; Learn basic UML concepts; Put data modelling in context with XML, metadata, and agile development.
Publisher: Technics Publications Llc
ISBN: 9780977140060
Category : Computers
Languages : en
Pages : 360
Book Description
Read today's business headlines and you will see that many issues stem from people not having the right data at the right time. Data issues don't always make the front page, yet they exist within every organisation. We need to improve how we manage data -- and the most valuable tool for explaining, vaildating and managing data is a data model. This book provides the business or IT professional with a practical working knowledge of data modelling concepts and best practices. This book is written in a conversational style that encourages you to read it from start to finish and master these ten objectives: Know when a data model is needed and which type of data model is most effective for each situation; Read a data model of any size and complexity with the same confidence as reading a book; Build a fully normalised relational data model, as well as an easily navigatable dimensional model; Apply techniques to turn a logical data model into an efficient physical design; Leverage several templates to make requirements gathering more efficient and accurate; Explain all ten categories of the Data Model Scorecard®; Learn strategies to improve your working relationships with others; Appreciate the impact unstructured data has, and will have, on our data modelling deliverables; Learn basic UML concepts; Put data modelling in context with XML, metadata, and agile development.
Data Modeling Made Simple with CA ERwin Data Modeler r8
Author: Donna Burbank
Publisher: Technics Publications
ISBN: 1634620690
Category : Computers
Languages : en
Pages : 537
Book Description
Data Modeling Made Simple with CA ERwin Data Modeler r8 will provide the business or IT professional with a practical working knowledge of data modeling concepts and best practices, and how to apply these principles with CA ERwin Data Modeler r8. You’ll build many CA ERwin data models along the way, mastering first the fundamentals and later in the book the more advanced features of CA ERwin Data Modeler. This book combines real-world experience and best practices with down to earth advice, humor, and even cartoons to help you master the following ten objectives: 1. Understand the basics of data modeling and relational theory, and how to apply these skills using CA ERwin Data Modeler 2. Read a data model of any size and complexity with the same confidence as reading a book 3. Understand the difference between conceptual, logical, and physical models, and how to effectively build these models using CA ERwin’s Data Modelers Design Layer Architecture 4. Apply techniques to turn a logical data model into an efficient physical design and vice-versa through forward and reverse engineering, for both ‘top down’ and bottom-up design 5. Learn how to create reusable domains, naming standards, UDPs, and model templates in CA ERwin Data Modeler to reduce modeling time, improve data quality, and increase enterprise consistency 6. Share data model information with various audiences using model formatting and layout techniques, reporting, and metadata exchange 7. Use the new workspace customization features in CA ERwin Data Modeler r8 to create a workflow suited to your own individual needs 8. Leverage the new Bulk Editing features in CA ERwin Data Modeler r8 for mass metadata updates, as well as import/export with Microsoft Excel 9. Compare and merge model changes using CA ERwin Data Modelers Complete Compare features 10. Optimize the organization and layout of your data models through the use of Subject Areas, Diagrams, Display Themes, and more Section I provides an overview of data modeling: what it is, and why it is needed. The basic features of CA ERwin Data Modeler are introduced with a simple, easy-to-follow example. Section II introduces the basic building blocks of a data model, including entities, relationships, keys, and more. How-to examples using CA ERwin Data Modeler are provided for each of these building blocks, as well as ‘real world’ scenarios for context. Section III covers the creation of reusable standards, and their importance in the organization. From standard data modeling constructs such as domains to CA ERwin-specific features such as UDPs, this section covers step-by-step examples of how to create these standards in CA ERwin Data Modeling, from creation, to template building, to sharing standards with end users through reporting and queries. Section IV discusses conceptual, logical, and physical data models, and provides a comprehensive case study using CA ERwin Data Modeler to show the interrelationships between these models using CA ERwin’s Design Layer Architecture. Real world examples are provided from requirements gathering, to working with business sponsors, to the hands-on nitty-gritty details of building conceptual, logical, and physical data models with CA ERwin Data Modeler r8. From the Foreword by Tom Bilcze, President, CA Technologies Modeling Global User Community: Data Modeling Made Simple with CA ERwin Data Modeler r8 is an excellent resource for the ERwin community. The data modeling community is a diverse collection of data professionals with many perspectives of data modeling and different levels of skill and experience. Steve Hoberman and Donna Burbank guide newbie modelers through the basics of data modeling and CA ERwin r8. Through the liberal use of illustrations, the inexperienced data modeler is graphically walked through the components of data models and how to create them in CA ERwin r8. As an experienced data modeler, Steve and Donna give me a handbook for effectively using the new and enhanced features of this release to bring my art form to life. The book delves into advanced modeling topics and techniques by continuing the liberal use of illustrations. It speaks to the importance of a defined data modeling architecture with soundly modeled data to assist the enterprise in understanding of the value of data. It guides me in applying the finishing touches to my data designs.
Publisher: Technics Publications
ISBN: 1634620690
Category : Computers
Languages : en
Pages : 537
Book Description
Data Modeling Made Simple with CA ERwin Data Modeler r8 will provide the business or IT professional with a practical working knowledge of data modeling concepts and best practices, and how to apply these principles with CA ERwin Data Modeler r8. You’ll build many CA ERwin data models along the way, mastering first the fundamentals and later in the book the more advanced features of CA ERwin Data Modeler. This book combines real-world experience and best practices with down to earth advice, humor, and even cartoons to help you master the following ten objectives: 1. Understand the basics of data modeling and relational theory, and how to apply these skills using CA ERwin Data Modeler 2. Read a data model of any size and complexity with the same confidence as reading a book 3. Understand the difference between conceptual, logical, and physical models, and how to effectively build these models using CA ERwin’s Data Modelers Design Layer Architecture 4. Apply techniques to turn a logical data model into an efficient physical design and vice-versa through forward and reverse engineering, for both ‘top down’ and bottom-up design 5. Learn how to create reusable domains, naming standards, UDPs, and model templates in CA ERwin Data Modeler to reduce modeling time, improve data quality, and increase enterprise consistency 6. Share data model information with various audiences using model formatting and layout techniques, reporting, and metadata exchange 7. Use the new workspace customization features in CA ERwin Data Modeler r8 to create a workflow suited to your own individual needs 8. Leverage the new Bulk Editing features in CA ERwin Data Modeler r8 for mass metadata updates, as well as import/export with Microsoft Excel 9. Compare and merge model changes using CA ERwin Data Modelers Complete Compare features 10. Optimize the organization and layout of your data models through the use of Subject Areas, Diagrams, Display Themes, and more Section I provides an overview of data modeling: what it is, and why it is needed. The basic features of CA ERwin Data Modeler are introduced with a simple, easy-to-follow example. Section II introduces the basic building blocks of a data model, including entities, relationships, keys, and more. How-to examples using CA ERwin Data Modeler are provided for each of these building blocks, as well as ‘real world’ scenarios for context. Section III covers the creation of reusable standards, and their importance in the organization. From standard data modeling constructs such as domains to CA ERwin-specific features such as UDPs, this section covers step-by-step examples of how to create these standards in CA ERwin Data Modeling, from creation, to template building, to sharing standards with end users through reporting and queries. Section IV discusses conceptual, logical, and physical data models, and provides a comprehensive case study using CA ERwin Data Modeler to show the interrelationships between these models using CA ERwin’s Design Layer Architecture. Real world examples are provided from requirements gathering, to working with business sponsors, to the hands-on nitty-gritty details of building conceptual, logical, and physical data models with CA ERwin Data Modeler r8. From the Foreword by Tom Bilcze, President, CA Technologies Modeling Global User Community: Data Modeling Made Simple with CA ERwin Data Modeler r8 is an excellent resource for the ERwin community. The data modeling community is a diverse collection of data professionals with many perspectives of data modeling and different levels of skill and experience. Steve Hoberman and Donna Burbank guide newbie modelers through the basics of data modeling and CA ERwin r8. Through the liberal use of illustrations, the inexperienced data modeler is graphically walked through the components of data models and how to create them in CA ERwin r8. As an experienced data modeler, Steve and Donna give me a handbook for effectively using the new and enhanced features of this release to bring my art form to life. The book delves into advanced modeling topics and techniques by continuing the liberal use of illustrations. It speaks to the importance of a defined data modeling architecture with soundly modeled data to assist the enterprise in understanding of the value of data. It guides me in applying the finishing touches to my data designs.
Data Resource Data
Author: Michael Brackett
Publisher:
ISBN: 9781935504269
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Data Resource Data provides the complete detailed data resource model for understanding and managing data as a critical resource of the organization.
Publisher:
ISBN: 9781935504269
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Data Resource Data provides the complete detailed data resource model for understanding and managing data as a critical resource of the organization.
Credit Risk Scorecards
Author: Naeem Siddiqi
Publisher: John Wiley & Sons
ISBN: 1118429168
Category : Business & Economics
Languages : en
Pages : 124
Book Description
Praise for Credit Risk Scorecards "Scorecard development is important to retail financial services in terms of credit risk management, Basel II compliance, and marketing of credit products. Credit Risk Scorecards provides insight into professional practices in different stages of credit scorecard development, such as model building, validation, and implementation. The book should be compulsory reading for modern credit risk managers." —Michael C. S. Wong Associate Professor of Finance, City University of Hong Kong Hong Kong Regional Director, Global Association of Risk Professionals "Siddiqi offers a practical, step-by-step guide for developing and implementing successful credit scorecards. He relays the key steps in an ordered and simple-to-follow fashion. A 'must read' for anyone managing the development of a scorecard." —Jonathan G. Baum Chief Risk Officer, GE Consumer Finance, Europe "A comprehensive guide, not only for scorecard specialists but for all consumer credit professionals. The book provides the A-to-Z of scorecard development, implementation, and monitoring processes. This is an important read for all consumer-lending practitioners." —Satinder Ahluwalia Vice President and Head-Retail Credit, Mashreqbank, UAE "This practical text provides a strong foundation in the technical issues involved in building credit scoring models. This book will become required reading for all those working in this area." —J. Michael Hardin, PhD Professor of StatisticsDepartment of Information Systems, Statistics, and Management ScienceDirector, Institute of Business Intelligence "Mr. Siddiqi has captured the true essence of the credit risk practitioner's primary tool, the predictive scorecard. He has combined both art and science in demonstrating the critical advantages that scorecards achieve when employed in marketing, acquisition, account management, and recoveries. This text should be part of every risk manager's library." —Stephen D. Morris Director, Credit Risk, ING Bank of Canada
Publisher: John Wiley & Sons
ISBN: 1118429168
Category : Business & Economics
Languages : en
Pages : 124
Book Description
Praise for Credit Risk Scorecards "Scorecard development is important to retail financial services in terms of credit risk management, Basel II compliance, and marketing of credit products. Credit Risk Scorecards provides insight into professional practices in different stages of credit scorecard development, such as model building, validation, and implementation. The book should be compulsory reading for modern credit risk managers." —Michael C. S. Wong Associate Professor of Finance, City University of Hong Kong Hong Kong Regional Director, Global Association of Risk Professionals "Siddiqi offers a practical, step-by-step guide for developing and implementing successful credit scorecards. He relays the key steps in an ordered and simple-to-follow fashion. A 'must read' for anyone managing the development of a scorecard." —Jonathan G. Baum Chief Risk Officer, GE Consumer Finance, Europe "A comprehensive guide, not only for scorecard specialists but for all consumer credit professionals. The book provides the A-to-Z of scorecard development, implementation, and monitoring processes. This is an important read for all consumer-lending practitioners." —Satinder Ahluwalia Vice President and Head-Retail Credit, Mashreqbank, UAE "This practical text provides a strong foundation in the technical issues involved in building credit scoring models. This book will become required reading for all those working in this area." —J. Michael Hardin, PhD Professor of StatisticsDepartment of Information Systems, Statistics, and Management ScienceDirector, Institute of Business Intelligence "Mr. Siddiqi has captured the true essence of the credit risk practitioner's primary tool, the predictive scorecard. He has combined both art and science in demonstrating the critical advantages that scorecards achieve when employed in marketing, acquisition, account management, and recoveries. This text should be part of every risk manager's library." —Stephen D. Morris Director, Credit Risk, ING Bank of Canada
Scorecard Best Practices
Author: Raef Lawson
Publisher: John Wiley & Sons
ISBN: 9780470223734
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Scorecard Best Practices: Design, Implementation, and Evaluation expertly shows you how to bridge the gap between Scorecard theory and application through hands-on experiences and useful case studies. It is the one-stop resource you will turn to for the latest tools and know-how to implement corrective changes. Whether you are a CEO, CFO, CIO, vice president, or department manager, Scorecard Best Practices is the book you will keep at your fingertips to get your company running at maximum performance.
Publisher: John Wiley & Sons
ISBN: 9780470223734
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Scorecard Best Practices: Design, Implementation, and Evaluation expertly shows you how to bridge the gap between Scorecard theory and application through hands-on experiences and useful case studies. It is the one-stop resource you will turn to for the latest tools and know-how to implement corrective changes. Whether you are a CEO, CFO, CIO, vice president, or department manager, Scorecard Best Practices is the book you will keep at your fingertips to get your company running at maximum performance.
Intelligent Credit Scoring
Author: Naeem Siddiqi
Publisher: John Wiley & Sons
ISBN: 1119279151
Category : Business & Economics
Languages : en
Pages : 469
Book Description
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. 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 scorecard Credit 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.
Publisher: John Wiley & Sons
ISBN: 1119279151
Category : Business & Economics
Languages : en
Pages : 469
Book Description
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. 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 scorecard Credit 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.
Credit Scoring and Its Applications, Second Edition
Author: Lyn Thomas
Publisher: SIAM
ISBN: 1611974569
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Credit Scoring and Its Applications is recognized as the bible of credit scoring. It contains a comprehensive review of the objectives, methods, and practical implementation of credit and behavioral scoring. The authors review principles of the statistical and operations research methods used in building scorecards, as well as the advantages and disadvantages of each approach. The book contains a description of practical problems encountered in building, using, and monitoring scorecards and examines some of the country-specific issues in bankruptcy, equal opportunities, and privacy legislation. It contains a discussion of economic theories of consumers' use of credit, and readers will gain an understanding of what lending institutions seek to achieve by using credit scoring and the changes in their objectives. New to the second edition are lessons that can be learned for operations research model building from the global financial crisis, current applications of scoring, discussions on the Basel Accords and their requirements for scoring, new methods for scorecard building and new expanded sections on ways of measuring scorecard performance. And survival analysis for credit scoring. Other unique features include methods of monitoring scorecards and deciding when to update them, as well as different applications of scoring, including direct marketing, profit scoring, tax inspection, prisoner release, and payment of fines.
Publisher: SIAM
ISBN: 1611974569
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Credit Scoring and Its Applications is recognized as the bible of credit scoring. It contains a comprehensive review of the objectives, methods, and practical implementation of credit and behavioral scoring. The authors review principles of the statistical and operations research methods used in building scorecards, as well as the advantages and disadvantages of each approach. The book contains a description of practical problems encountered in building, using, and monitoring scorecards and examines some of the country-specific issues in bankruptcy, equal opportunities, and privacy legislation. It contains a discussion of economic theories of consumers' use of credit, and readers will gain an understanding of what lending institutions seek to achieve by using credit scoring and the changes in their objectives. New to the second edition are lessons that can be learned for operations research model building from the global financial crisis, current applications of scoring, discussions on the Basel Accords and their requirements for scoring, new methods for scorecard building and new expanded sections on ways of measuring scorecard performance. And survival analysis for credit scoring. Other unique features include methods of monitoring scorecards and deciding when to update them, as well as different applications of scoring, including direct marketing, profit scoring, tax inspection, prisoner release, and payment of fines.