Connected Analytics’ Comprehensive Credit Reporting (CCR) Advisory service supports clients in preparing for, and transitioning to, CCR. From connectivity to contribution to consumption, our consultants will work with you to prepare a business case, understand the benefits and impact of the transition, and identify the areas of activity and prioritise them. Furthermore, they will explore the options for enhancing strategies, decisions and operational processes to maximise the value of the newly available data on portfolio profitability and health.
Experience from working extensively in other markets where CCR has, for many years, been available, enables us to assist credit providers (CPs), from a consulting and analytical perspective, on how best to develop credit-scoring models using CCR information. These models will typically be prioritised for redevelopment starting with originations and then moving to behavioural models, including those used for collections.
Consultancy support begins with an assessment of a CP’s current model suite and model performance to identify priority areas, such as an older originations model which, if replaced, would deliver more business benefits, more quickly.
CCR Advisory can provide focus for project phasing, support stakeholder engagement and accelerate time to value realisation.
This service is often provided as part of the Comprehensive Credit Reporting Solution Set.