Banking

How can I efficiently maintain my credit scoring engine?

The algorithms that calculate an individual's credit score are complex; they can be based on hundreds of criteria and data points. And each algorithm needs to be evaluated regularly: Does it accurately predict the probability of repayment? That's why it’s important that scoring rules can be updated easily.

We’ve created proof of concept for Hyperon as a credit scoring engine, establishing several decision tables and functions. Do you value credit mix more than credit history length? Just change its priority. You can update parameters and functions effortlessly in Hyperon’s easy to use GUI.