analytic solutions
Theory and real world experience
Data analytics to assess your risk exposure and ensure business performance and compliance
Bespoke Data Analytics
-
Qarar applies state-of-the-art techniques and tools to credit-related data and intellectual capital and consulting services to provide you with relevant and intuitive insights from data obtained from banks, financial institutions, telecommunication companies and other industries, enhanced with demographic, contact, performance and credit information.
-
-
Fully-loaded profitability models, through every stage of the consumer credit lifecycle.
-
Transactional fraud rules to optimise detection of false positive rates.
-
Portfolio management strategies designed to increase profitability.
-
-
-
Creation of historic and ‘what-if’ portfolio performance dashboards.
-
Portfolio loss appetite, to analyse the losses absorbable by your business against current and future revenue flows.
-
Scorecard Development
-
Qarar’s analytics experts use advanced statistical methods to develop scorecard models. These models predict existing and future consumer behaviour throughout the consumer credit lifecycle from targeting, on-boarding, managing and loan recovery. We optimise your risk, spending, utilisation, product penetration and debt recovery, increasing the profit from your customer portfolio.
-
-
Pre-screening of marketing lists to improve cost per account acquired.
-
Automated decisioning of credit applications to improve consistency and efficiency, and removal of subjectivity.
-
Proactive management of credit lines and authorisations.
-
-
-
Reduced losses through risk management, scoring for collections etc.
-
Setting relevant recovery treatment strategies.
-
Scorecard Validation & Monitoring
-
To be effective, any developed scorecards need to be monitored for the effect of external influences, such as economic changes, population shifts, and changes in marketing policy, and internal influences such as changes in credit policy, collections actions, and procedural changes. Qarar’s validation and monitoring ensure the long term efficacy of scorecards.
-
-
Scores regularly benchmarked and monitored against market competitors.
-
Front-end monitoring of account base, including both current and defaulting accounts.
-
Back-end monitoring of score and subsequent performance of the accounts, and review of any cut-off strategies in place.
-
-
-
Comprehensive monitoring documentation providing recommendations for further steps for scorecard realignment, characteristic changes, or any potential redevelopment.
-
