Our news and views relating to Data Analytics, Big Data, Machine Learning, and the world of Credit.
When looking at the collections cascade and it’s diminishing returns, we always emphasis the responsibility factor relating to each metrics. Whom is responsible for these areas, and how do we monitor the accuracy of these metric results?
Today we explore some of the frequently asked questions around mathematical optimisation. For the most part the questions are answered in the context of credit risk. However mathematical optimisation and operations research in general have many applications.
Ever wondered how to calculate the best mix of actions in order to achieve the desired result within budget? You might have a pretty good idea of what mix has worked well in the past, but how much rigour goes into that process? Wouldn’t you like a mathematical approach that eliminates the guesswork?