Model Monitoring Service

Scorecard monitoring is an integral part of the risk management process with a number of serious consequences for the bank if it is not undertaken in an appropriate manner.

• Making sub-optimal or incorrect decisions
• Resulting in financial losses
• Missing potential revenue generating opportunities

Auronova provides ‘Scorecard Tracking and Monitoring’ services to its clients on mutually agreed upon frequency. We provide this service in both onsite and offsite mode, based on the client comfort and requirement.

• Are the current scorecards still effectively ranking risk and are the current cut-offs/ policy rules appropriate?
• Is recalibration necessary in order to preserve the score to odds relationship?
• Can scorecard performance be improved by correcting misaligned weights?
• Can current policy rules be optimised/prioritised in order to improve decisions or make better use of underwriters?
• Do scorecard characteristics predict in the same way as expected for recent applicants?
• What benefit can the inclusion of new data, such as bureau data offer?
• Manage risk – Refine cut-offs to maintain risk thresholds, prospectively forecast losses.
• Uncover Opportunities – Manage profits with greater precision, increase cross sell.
• Regulatory Compliance

• Front End Tracking Reports
• Population Stability Report
• Characteristic Analysis Report
• Final Score Report
• Override Tracking Report
• Back End Tracking Reports
• Delinquency Distribution Report
• Vintage Delinquency Report