Abstract: An African lender operating in 11 countries (13 operations) developed the need to introduce credit scoring into their businesses for the first time. There were many challenges. Firstly, conducting 14 separate scoring projects (each requiring multiple scorecards) would be expensive and secondly, some books were too small to support the building of an individual bespoke scorecard. There was however a solution: The African Master Scorecard. The solution was successfully deployed within Principa’s SmartSuite and this paper tells the story.

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Business Rules Management Systems (BRMS’s) are the Swiss-army knives of business software. Despite this, very few companies we work with are getting the most out of their decision engines.

In this blog, we explore how BRMSs are used across the customer lifecycle.

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Although not a new concept, very few lending organisations have deployed a true multi-bureau strategy (MBS). It is however talked about fairly regularly, but often dismissed as “too hard” or “not important enough”. So why should you consider a multi-bureau strategy? What are the key considerations? How do you go about deploying a MBS? This blog hopes to address all these questions.

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A scorecard is a mathematical model that is used to predict a certain outcome. In credit this might be the probability of default. The information used in a scorecard can vary, but common fields include demographic characteristics (e.g. age of applicant, number of dependants, time spent in current job) and credit bureau data (e.g. number of personal loans registered to applicant, worst arrears status on all accounts in the last 6 months).

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