Presents a business-focused process built on a solid foundation of statistical and data mining principles for the development and implementation of risk prediction scorecards. The text describes how a scorecard can be a powerful tool for risk managers who need to improve the bottom line in their organizations.
Provides a framework on how financial institutions can improve their credit assessment system. Authors Clark Abrahams and Mingyuan Zhang present a new credit risk framework for small business and consumer lending and explain how it can be implemented to improve a financial institution's credit assessment system.
This book provides a methodology for effective enterprise risk management. Through the use of this methodology, companies will be more successful in achieving strategic objectives. Prescribes a process for measurement of risk associated with the achievement of strategic objectives and covers aspects of managing risk.
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