AVRA Scorecard Manager is a GUI based product that aids credit lending institutions (banks, leasing companies, NBFC’s and others) to develop retail & Small Medium Enterprise credit scorecards by utilizing diverse & complex credit information of customers (salary, credit commitments, past loan performances, loan utilizations and others).
Credit scorecards are statistical models which attempt to provide a quantitative estimate that a customer will display a defined behavior (e.g. loan default) with respect to their current or proposed credit position with a lender.
AVRA Scorecard Manager contains a powerful Scorecard Optimization Engine with an easy to follow Scorecard development workflow. The workflow involves Exploratory Data Analysis, Transformation & Adjustments, Model Fitting, Model Validation, Performance Validation, Scorecard Implementation and Operational Integration.
Model Library- Along with specific models developed by institutions, out of the box solutions are also available.
Transparency & Compliance- Complete Data Management and Full Audit Trail available.
Automated- Completely GUI driven, no coding and expert statistical knowledge required.
Analytical Dashboard- Detailed Dashboard covering Scorecard Performance, Comparison, Cross-Sectional View.
Challenger Models- The system enables development of both Champion & Challenger Models
Flexible Utility- Credit Institutions can develop scorecards for all practices of credit lending framework involving Origination, Behaviour, Cross-Sell and Strategy
Machine Learning- Supports algorithms with Boosting, Bagging & Neural Network
Flexibility- Unlimited number of Scorecards which are Quick & Easy to Build
Reason Codes- Generates reasons for rejection of Origination & Behavioural Scorecards
Advanced Data Analytics- Data Review, Transformation & Segmentation
Advisory Support- Our Advisory Services team provides installation consulting, training and custom development to suit the needs of the institution