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Category Archives: Credit Risk Analytics Series

Credit Scorecards – Business Integration of Predictive Analytics (part 7 of 7)

· Roopam Upadhyay · 13 Comments

Columbus – A lesson in Leadership Christopher Columbus – I have adored this man for various reasons at various stages of my life. At seven, I adored him because his mistakes were applauded and became part of history – Columbus mistook Native Americans for Indians because he thought he had landed in Asia rather than

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

Credit Scorecards – Model Validation (Part 6 of 7)

· Roopam Upadhyay · 10 Comments

There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle. – Albert Einstein A Commentary on Curiosity  I think the best way to appreciate and enjoy the trivial is to travel. When I say trivial, it includes doorknobs, posters,

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

Credit Scorecards – Logistic Regression (part 5 of 7)

· Roopam Upadhyay · 9 Comments

A Primer on Logistic Regression – Are you Happy? A few years ago, my wife and I took a couple of weeks’ vacation to England and Scotland. Just before boarding the British Airway’s plane, an air-hostess informed us that we were upgraded to business class. Jolly good! What a wonderful start to the vacation. Once

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

Credit Scorecards – Advanced Analytics (part 4 of 7)

· Roopam Upadhyay · 14 Comments

Modeling in Advanced Analytics The room, full of Analysts, erupts with a loud round of laughter when a young business analyst narrates to us an incident from his recent trip back home. A distant aunt inquired about his new profession. His response – I am into modeling. She got all excited and asked – is

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

Credit Scorecards – Variables Selection (part 3 of 7)

· Roopam Upadhyay · 8 Comments

Variables Selection in Predictive Analytics The following story goes back to the time when I just started my transition from physics to business. I met this investment banker* in his mid-thirties during a Friday night party. After gulping down a few pints of beer, his mood became a bit somber and he told me how

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

Credit Scorecards – Classification Problem (part 2 of 7)

· Roopam Upadhyay · 20 Comments

Classification Problem in Statistics & Data Mining I must say I was shocked when Amishi, a girl little over three years old, announced that going forward she is only friends with my wife and not me. Her reason for the breakup was that I am a boy and girls can only be friends with girls.

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

Credit Scorecards – Introduction (part 1 of 7)

· Roopam Upadhyay · 12 Comments

Credit Scorecards in the Age of Credit Crisis This incident took place at a friend’s party circa 2009, in the backdrop of the worst financial crisis the planet has seen for a long time. The average Joe on the street was aware of terms such as mortgaged-backed securities (MBS), sub-prime lending and credit crisis –

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Posted in Credit Risk Analytics Series, Risk Analytics | Tags: Banking and Insurance Analytics, Business Analytics, Credit Risk, Predictive Analytics, Roopam Upadhyay |

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