Credit Scorecard Deployment

From Open Risk Manual

Definition

Credit Scorecard Deployment is the stage in a Credit Scorecard lifecycle that produces an operating scorecard. It includes Production Implementation, Acceptance Testing, User Training etc.

An operating credit scorecard is processing actual (live) client data, is - where applicable - embedded in the Credit Rating System of the organization and is used in related risk / management processes under the umbrella of Credit Portfolio Management

Depending on the systems of the entity using the scorecard, the following will be typical steps of a deployment stage

  • Selection of operational parameters (like cut-offs) where applicable
  • Implementation of the developed model as a scorecard inference system in production systems. (Production systems typically do not require ability to re-estimate models on the fly)
  • Acceptance Testing of the implementation by the operating unit
  • Model User Training
  • Ongoing operation

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