On 24th – 26th August StatConsulting attended the international Credit Scoring and Credit Control conference in Edinburgh.
Credit Scoring and Credit Control is a prestigious research-oriented conference devoted to the evaluation of credit ratings. For many years the event has been attracting outstanding researchers and specialists from financial institutions.
During the XII edition of the conference StatConsulting presented its research results concerning the loss analysis of a credit portfolio with collateral for leasing contracts.
The research is devoted to the estimation of risk based pricing level, taking into account the capital remaining to be repaid and the market value of the collateral using the division of the Loss Given Default (LGD) parameter into parts with and without collateral. The processes of portfolio risk optimization are analysed taking into account the dependency on the parameters defining the loan contracts, using methods of searching the space of leasing contract parameters. The results of the analyses indicate a strict dependency of the initial payment trend and margin from risk class and probability scenarios of accepting the contract by the client.
During the conference there was a lot of interest about presented at StatConsulting's stand statistical analysis and modeling software – AdvancedMiner Professional system. AdvancedMiner Professional supports analytical processess related to credit scoring: data transformations, data modeling, scoring cards building and validation.
The conference website: www.crc.man.ed.ac.uk/conference
