Model Development
- Create new models for new purposes/portfolios
- Update existing models when suggested by model monitoring
- Define necessary parameters (default and workout LGD, candidate account characteristics, performance and observation windows)
- Automate the creation of model development input tables (historical account snapshots)
- Standardize and document the statistical modeling process
- Emphasize co-operation of modeler and business expert
- Validate model quality
Druckversion 