The Data Analytics Blog

Our news and views relating to Data Analytics, Big Data, Machine Learning, and the world of Credit.

10 ways the COVID-19 crisis will affect your credit models (PART 2)

This is the second of a 2-part blog. You can read the first blog here.

10 ways the COVID-19 crisis will affect your credit models (PART 1)

One of the basic principles of credit scoring and modelling is that the “future is like the past”.  Whilst robust credit models may be calibrated on multiple time periods, this assumes that trends in the past represent what is going on today.  COVID-19 is a black swan event – meaning in the modern day it really is unprecedented.  If you have never come across the term black swan, or if you have but no idea the origin, I recommend taking two minutes to read its really interesting etymology.

Cash Vs Credit For Retailers: A Principa Case Study

Principa’s Cash Vs Credit offering uses advanced analytics to help retailers answer a variety of questions. We have undergone such projects for many of South Africa’s leading retailers, and this case study describes the methodology Principa utilises to help retailers in the fashion industry.

A Calculated Guess: Affordability Determination In The South African Market

With a recent judgment being upheld in favour of the National Credit Regulator (NCR) against Shoprite Investments Limited, we thought it would be a good time to re-look at the process of affordability assessment.

Our Top Blogs On Credit Risk Management Of 2019

We’ve had an excited year in credit, with a brand new partnership with UK-based Welcom Digital, to resell their award-winning account management system, Financier, in South Africa. You can read more about our partnership here.

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