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- Generalizations of Generalized Additive Model (GAM): A Case of Credit Risk Modeling
- Famous for its easy implementation, Logistic Regression has been the primary model in credit scoring. Albeit attractively simple, it is criticized for failing to capture nonlinearity and nonmonotonicity and therefore possibly not leads to satisfactory results. Introduced by Hastie and Tibshirani, Generalized Additive Model GAM provides the ability to detect...
- Tags: Credit Risk, Generalized Additive Model, Research & Development, Business Operations
- White papers 2009-03-19
- BNL - Gruppo BNP Paribas Uses SAS to Comply With Basel II Credit Risk Regulations
- Substantial changes in the financial and regulatory environment are calling for banks to revise their credit risk management strategies. The problem was to develop a reliable solution capable of evaluating the probability of customer default, especially those in the corporate segment, and use the results as the basis for developing...
- Tags: BNP Paribas SA, Credit Risk Management, Regulation, SAS Institute, Credit Risk, Basel II, Financial Services
- Case studies 2009-01-01
- Volkswagen Financial Services Uses SAS to Create Transparent, Reproducible Scoring Models for Credit Risk Management
- Volkswagen Financial Services AG, headquartered in Braunschweig, Germany, is a wholly owned subsidiary of Volkswagen AG. The company is responsible for coordinating the global financial services activities of the Volkswagen group. Its product portfolio includes auto loans, auto insurance and auto leasing. The challenge was looking for a high-performance software...
- Tags: Financial Service, Credit Risk Management, Volkswagen AG, SAS Institute, Credit Risk
- Case studies 2008-11-01
- A Credit Risk Data Warehouse for Basel II Compliance
- One of the 10 largest and most complex banks in the United States needed to implement the requirements of the New Basel Capital Accord Basel II. The bank asked BearingPoint to help build a Credit Risk Data Warehouse CRDW that incorporated data from 35 source systems. The goal was to...
- Tags: BearingPoint Inc., Credit Risk, Basel II, Financial Services
- Case studies 2007-06-01
- VUB Cuts Time to Intelligence for Risk Reporting
- A subsidiary of Gruppo Banca Intesa, VUB is Slovakia's second largest bank with 2 million retail customers and 90,000 business customers. It is Slovakia's largest issuer of mortgages, a tough market with many institutions offering cut-price loans. The challenge was to integrate data to support market and credit risk management,...
- Tags: SAS Institute, Slovakia, Credit Risk, Mortgages, Finance, Capital Structures
- Case studies 2007-01-01
- XBRL: Streamlining Credit Risk Management
- Computing power is changing credit assessment processes in profound ways. Credit risk modeling and benchmarking are becoming more integral to credit management, speeding the processes, enhancing analysis and lowering associated costs. The Extensible Business Reporting Language XBRL, the new Internet standard specifically designed for business reporting and information exchange, is...
- Tags: Credit Risk Management, XBRL, Credit Risk, Financial Accounting, Finance
- White papers 2003-10-06
Additional Resources
- Chrome OS will rise or fall on the safety dance
- Scare tactics against Chrome OSI can see Microsoft really did the 'safety dance' with Windows it has been so successful...Chrome_OS is an entirely different modular approach plus they are using Open_Source with NO limitation of how high they can reach. I find it amazing anyone with a straight face say...
- Tags: Operating systems, operating system, Chrome, Chrome OS, ChromeOS, security, Google Inc.
- Discussion threads 2009-11-24
- The medical home is reform without objections, so far
- Medical HomeThis path is already being broken. At my company, the $56/paycheck credit for not taking a company medical insurance plan has been replaced with a $20 credit IF you participate in a company-sponsored "wellness" program. You have to have a screening on company time - weight, BP,...
- Tags: HEALTHCARE, Vertical industries, Financial Planning, United HealthCare, DUI, public entity, insurance
- Discussion threads 2009-11-23
- End-to-end encryption is the key to protecting data and reputations
- In order to avoid the financial and brand damage associated with data breaches, businesses need to consider deploying end-to-end encryption as a tamper proof way of securing data. Commentary - Media outlets around the globe highlight new data breaches at an alarmingly regular rate. Forrester estimates that the cost...
- Tags: PCI, Organization, Data Breach, PCI DSS, Encryption Key, encryption, security, Paul Meadowcroft Thales, Special to ZDNet, Paul Meadowcroft, Thales, Special to ZDNet
- News items 2009-11-11
- High-risk flaw dings Google Chrome
- no NoScript..No Google Chromethis is one of the reasons i don't want to get near this browser. Till Google wakes up and builds an add-on support for Adblock and NoScript, then and only then i might give it a try.Chrome wont even give me the Option to manually disable Scripting....
- Tags: Scripting languages, Web browsers, Chrome, Google Inc., JavaScript, NoScript, Google Chrome
- Discussion threads 2009-11-06
- Smartplanet: Apple can grab more share by slashing Mac prices
- RE: Smartplanet: Apple can grab more share by slashing Mac pricesIf they wanted marketshare at a lower entry price they could have pulled that off years ago with cloner acquisitions and more mfg on their own part with rigid standards and practices to ensure quality and lower production costs. ...
- Tags: Desktops, Notebooks, Mac proponent, Apple Inc., Apple Macintosh, Audi AG, Mac Share
- Discussion threads 2009-11-04
- What's the key to Apple's success?
- One word: QUALITYA concept absent from WindowslandTDSo sad to see how Apple destroyed the word "innovation"Apple has never, ever, done anything innovative. By applying the term to blatant rebadging of 5 year old technology, you devalue the meaning of the word and insult those who actually [b]do[/b] innovate. For shame.Oh,...
- Tags: Apple Inc.
- Discussion threads 2009-10-29
- Wither Silicon Valley? IT will be driven by emerging markets
- WTF does "dead-cat" mean?Dear ZDnet,Please stop trying to make-up terms like "dead-cat" or "dead-finger". Nobody cares.SheeshWell good morning Mr. Happiness and feel good vibe. I wish I could take credit for dead cat bounce but the term has been around---oh let's say---FOREVERhttp://en.wikipedia.org/wiki/Dead_cat_bounceRE: Wither Silicon Valley? IT will be driven by...
- Tags: Strategy, Communities, U.S.A., Wither Silicon Valley, pure research, information technology, emerging market
- Discussion threads 2009-10-19
- TechGuard keeps spam and botnets at bay with one-click, enterprise-level security for SMBs, SOHOs
- One of the most difficult things for a small or medium business to do is set up a security scheme that's effective, affordable and intelligible to the average employee. Chesterfield, Mo. and Baltimore, Md.-based TechGuard is attempting to address that problem by bringing its enterprise and government-level...
- Tags: Security, Firewall, Network, SOHO, Small And Medium Business, TechGuard, SM, Smb/Sme, Andrew Nusca
- Blog posts 2009-10-13
- Flu shot controversy illustrates compliance problem
- I refuse the flu shot every year...and definately will be refusing the H1N1. As a young adult with a healthy immune system I see no point. Sure I may get the sniffles - but diet, exercise, and such take care of most of it. Who knows what is ACTUALLY in...
- Tags: Government, Vertical industries, SECURITY, compliance, flu shot, flu
- Discussion threads 2009-10-08
- Fake PayChoice e-mails deliver malware
- partial passwords included?wow... sounds like someone's security needs a serious looking intoi've forwarded many spoof emails to spoof@paypal.com ...why doesn't every site have a similar address to report to? people will *always* fall for such scams so it's up to the rest of us to at least get...
- Tags: Financial services, Cyberthreats, bank, e-mail, malware
- Discussion threads 2009-10-05
- Malibal Veda series
- It seems that boutique notebook builder Malibal (pronounced mal-la-bull) is ready to see desktops die. The company specializes in custom-built desktop replacements. No thin-and-lights. No ultraportables. No "mainstream" models. The Veda series is its largest, with an 18.4-inch LCD that can be loaded with Core 2 Quad Extreme QX9300 (ours...
- Tags: Keyboards, Notebooks, Desktops, Microsoft Windows Vista (Longhorn), NVidia Corp., DDR3, desktop
- Product reviews 2009-10-02
- Intuit and Mint promise "no changes"; but maybe a few would be OK
- I would disagree Sam...You are missing the point of Mint then. This is a financial aggregator - nothing more, nothing less - to get a birds-eye view of your financial status. These features you want, would be better served by using the Quicken Online product for a nominal fee or...
- Tags: Financial services, Intuit Inc., bank
- Discussion threads 2009-10-02
- Open source and forced obsolescence
- You gutted your own articleFirst, no one forces you to update your software, period. There *are* companies that won't support antiques, and who can blame them? Support costs are very high, especially since one person or team can't be expected to be expert in a dozen different versions of the...
- Tags: Tools & Techniques, Enterprise resource planning (ERP), obsolescence, open source, software
- Discussion threads 2009-10-02
- Financial Transactions and Personal Data Security - Is Your Customers#$# Data Safe?
- The risk associated with collecting and holding individual personal data for a Money Service Business MSB is both very real and very serious. In 2007, a major Canadian bank lost a computer backup file that contained individual personal data of 470,000 of its customers.3 In 2008, Statistics Canada confirmed that...
- Tags: Financial, Theft, Data Security, Financial Services, Security, Finance
- White papers 2009-10-01
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