Scorto Corp Blog Framework for Improving Credit Risk Management Using Champion/Challenger Approach

"Nothing endures but change". - said Heraclitus. If credit policy fails to evolve it soon becomes a burden, cutting deep into lending profitability. With the convenience of decision automation tools, risk managers can evaluate efficiency of any given credit policy, thus identifying the most efficient loan application processing work flow. Applying Champion/Challenger or A/B Testing [...]