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Products > Credit Decision |
Scorto™ Credit Decision is a next-generation,
innovative software application for the development
of scoring models and credit portfolio analysis.
The system is specifically designed to handle consumer lending
in those business situations, where large amounts
of noisy, interdependent and erratic data need to be processed.
Credit Decision can perform an intelligent search, rapidly and thoroughly uncover and analyze any existing hidden interdependencies in the available data, no matter how noisy, unstable, or intertwined this data is.
Developed by some of the world's most eminent experts in the fields of neural network software development and banking automation, this robust software uniquely combines the most considerable achievements in both fields with Scorto's™ proprietary, breakthrough technological developments.
The functionality of Credit Decision, built using skillfully
elaborated and implemented proven algorithms, is enhanced with
unique, advanced visualization and reporting capabilities. The
Scorto™ software allows you to work with your potential
and existing customers using cutting-edge statistical methods,
powered by Artificial Intelligence.
Today, Credit Decision is among the most powerful, feature-packed, user-friendly, and competitively priced scoring model builders on the market.
The application uses a special, unique interactive scoring product development technology. With Credit Decision, you can perform the following tasks:
- Group, regroup and process applicant and borrower data while creating a scoring model or analyzing your credit portfolio;
- Identify the key factors that impact your customers' creditworthiness;
- Create scoring models and evaluate the performance of your credit portfolio using fully automated capabilities;
- Export the created scoring models to the Quest Logic server or directly integrate them with your front-office module;
- Analyze your customer base and differentiate your customers into homogenous groups according to a criterion of your choice, for example, according to the corresponding risk indicators.
The Credit Decision application supports several scoring model development methods:
decision trees, logistic regression, expert evaluation, neural networks, and some other methods. The distinguishing feature of Credit Decision model builder is the possibility of monitoring both statistical and financial efficiency of the created scoring models.
The provided methods of visualization include graphs of dependencies, graphs of distributions, histograms, web diagrams, Kohonen maps, and hierarchic clustering.
The main advantages of Scorto™ Credit Decision can be summed up as follows:
- Ease of use and dramatically reduced learning curve: the sequence of the creation, testing, and analysis of the developed scoring models and loan portfolio analysis is built in a very user-friendly and intuitive manner;
- Reduced costs and faster ROI: Scorto Credit Decision does not require any additional programming modules or ad hoc reprogramming for working with external and internal data sources, the application supports the PMML2 standard, widely accepted in the data-mining industry;
- The broadest possible scoring model development functionality: a single piece of software includes a variety of scoring model development methods, including the standard methods (linear and logistic regression, expert evaluation), and such cutting-edge modeling techniques, as decision trees and cascade neural networks;
- In-built model-testing functionality: no additional modules need to be purchased for the validation of models and scorecards;
- In-built reporting functionality: analysis of both operational and financial efficiency of the created models, comprehensive visualization capabilities;
- Seamless deployment of the created scoring models: no need for reprogramming owing to the standard XML-file approach to the deployment of scoring models;
- The possibility of using several interactive data analysis methods;
- Affordable price.
The Credit Decision software can be used with equal efficiency as part of the
complete Scorto™ Scoring
Solution or as a standalone application. In the latter case,
the scoring models, created using Credit Decision, can be easily
integrated with any software, supplied by other vendors.
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