StatScore is an application created to estimate credit risk in banks or other financial institutions. It provides the means to construct, modify and monitor scoring models and scoring cards designed for various types of lending products and customer groups.

StatScore supports the whole process of scoring model construction, from preliminary data processing and visualization, through building, testing and quality control of the models, to report creation and application of the models to actual data.

The product combines modern information technology with experience and knowledge obtained in numerous credit risk analysis projects completed by StatConsulting.

The functionality of the StatScore application encompasses:

• data extraction and processing,
• automatization of the data transformation process,
• statistical analysis of the data and its visualization,
• importing of scoring cards,
• designing scoring cards,
• constructing scoring models,
• evaluating the quality of scoring models and performing statistical tests,
• exporting of scoring models to a table in the Microsoft Excel format,
• reject inference,
• interfacing with scoring engines,
• generating reports documenting the whole process of scoring model construction,
• monitoring of the scoring model and analyzing its effectiveness and accuracy,
• generating reports documenting the outcome of the monitoring procedure.