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 steps such as 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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