Diese Präsentation wurde erfolgreich gemeldet.
Wir verwenden Ihre LinkedIn Profilangaben und Informationen zu Ihren Aktivitäten, um Anzeigen zu personalisieren und Ihnen relevantere Inhalte anzuzeigen. Sie können Ihre Anzeigeneinstellungen jederzeit ändern.

Ankit Sinha, Experian - Ascend Analytical Sandbox - #H2OWorld

594 Aufrufe

Veröffentlicht am

This session was recorded in NYC on October 22nd, 2019.

Video recording of the session can be viewed here: https://youtu.be/Z0quYTZr6C0

Description: How businesses can recession proof themselves by using the power of the Ascend Analytical Sandbox; and how Experian is leveraging its vast data to make sure every borrower is presented in the best light in front of the lenders.

Bio: Ankit is the Product & Innovation Expert at Experian leading the overall roadmap for the Ascend Analytical Sandbox; a one-stop shop for insights, model development, and results measurement.

Veröffentlicht in: Technologie
  • I pasted a website that might be helpful to you: ⇒ www.WritePaper.info ⇐ Good luck!
       Antworten 
    Sind Sie sicher, dass Sie …  Ja  Nein
    Ihre Nachricht erscheint hier
  • Gehören Sie zu den Ersten, denen das gefällt!

Ankit Sinha, Experian - Ascend Analytical Sandbox - #H2OWorld

  1. 1. 1 © Experian 19/11/20191 © Experian
  2. 2. 2 © Experian Ascend Analytical Sandbox 19/11/2019 Private and confidential Ascend Technology Platform2 © Experian Your one-stop-shop for model development, deployment and results measurement How can we build better, more resilient models?”
  3. 3. 3 © Experian Customer life events during a recession Unemployment rate rises Consumer purchases fall off People lose their jobs People lose their homes Consumer Debt soars
  4. 4. 4 © Experian 19/11/2019 Private and confidential Ascend Technology Platform A S C E N D A N A L Y T I C A L S A N D B O X Next recession – not a matter of “if”, but “when” “We forecast U.S. growth to approach 2% in 2020-2021, close to its steady-state path. However, our Business Cycle Barometer shows near-term recession risks are rising. We now put the probability at 30-35% — more than twice what it was a year ago” - S&P Global, Oct 1, 2019 “Recession fears have grown in recent months amid a persistent trade war with China, pullbacks in corporate hiring and investment and a manufacturing sector that has already slipped into contraction. The economy is cooling, but the big question is whether the slowdown will morph into something darker. Probability of Recession within 12 months is 27%” - Bloomberg, Oct 14, 2019
  5. 5. 5 © Experian 19/11/2019 Private and confidential Ascend Technology Platform A S C E N D A N A L Y T I C A L S A N D B O X Next recession – not a matter of “if”, but “when” “We forecast U.S. growth to approach 2% in 2020-2021, close to its steady-state path. However, our Business Cycle Barometer shows near-term recession risks are rising. We now put the probability at 30-35% — more than twice what it was a year ago” - S&P Global, Oct 1, 2019 “Recession fears have grown in recent months amid a persistent trade war with China, pullbacks in corporate hiring and investment and a manufacturing sector that has already slipped into contraction. The economy is cooling, but the big question is whether the slowdown will morph into something darker. Probability of Recession within 12 months is 27%” - Bloomberg, Oct 14, 2019 Are we well equipped for the downturn?
  6. 6. 6 © Experian Ascend Analytical Sandbox 19/11/20196 © Experian Your one-stop-shop for model development, deployment and results measurement DATA • ‘Always-on’ secure credit data access that includes: - Up to 18 years full-file archives of tradeline data (200+ monthly snapshots and growing) - Opt-outs - Thousands of proprietary Experian scores and attributes - Automatic updates of data monthly - Easy identification of your company’s lines/loans - Clarity Data, giving access to about 5 million incremental customers with information about ‘alternate’ tradelines - Experian Boosted Score • Ability to integrate your data, third-party or additional Experian data, all pinned using our proprietary process • Depersonalized to support FCRA compliance TOOLS • Your choice of industry leading analytics, artificial intelligence, machine learning, and data visualization tools (R, Python, H2O, SAS, SAS Viya, Hue, Tableau, etc.) • Ability to create powerful, interactive dashboards and charts that put insights into the hands of decision makers in real time • Easy integration of coded decision objects across multiple systems SUPPORT • Dedicated Experian team for training and ongoing support • Access to Experian experts in analytics and credit data modelling to help expand skill sets or increase capacity
  7. 7. 7 © Experian 19/11/2019 Private and confidential Ascend Technology Platform A S C E N D A N A L Y T I C A L S A N D B O X What use cases aren't there? Imagine having the ability to have access to every single tradeline for every single person in the United States for the past almost 20 years and have your own tradelines be identified among them. Imagine what that can do!" Senior Managing Director and Head of Model Development OneMain Financial
  8. 8. 8 © Experian Solution Capabilities A S C E N D A N A L Y T I C A L S A N D B O X A S C E N D A N A L Y T I C A L S A N D B O X A S C E N D D A T A F O U N D A T I O N Your data | Periodic data refreshes | Credit data | Commercial data | Consumer data | Alternative data | Campaign data 19/11/2019 Save/enable reports, attributes & models Export models for integration with production systems Upload campaign results Model development & deployment Insights & analytics Dashboards & reporting • Define strategies • Encode, manage, test and simulate customized model attributes or scores • Deploy across systems (e.g., originations, prescreen, account management, collections) • Leverage assisted strategy design (CHAID/CART) • Assess champion / challenger strategies • Benchmarking to peers / industry • Trends in credit line utilization, delinquency rates, bankruptcy, etc. • Wallet share: balance, credit limit or spend (using Experian TAPSSM or EIRCSM) • New product opportunities • Account comparisons (e.g., new vs. existing; current vs. derogatory) • 360-degree view of customers • Integrated campaign reporting • Visibility into off-company accounts (e.g., lost-opportunity) • Advanced visualizations for optimized communication • Standardize formats • Self-service 2 31
  9. 9. 9 © Experian A S C E N D A N A L Y T I C A L S A N D B O X Key Advantages Deeper insights Speed to market Reduced costs Stay ahead Your data combined with the most comprehensive industry data allows a 360 degree view of the customer, helps understand customer value, to build the most predictive models in the market today. Turn on perpetual access to the right data while eliminating unnecessary batch data refreshes and complex workflows and inconsistent pinning. Streamline your operating environment and ‘turn on’ the most advanced tools and capabilities instead of requesting IT investment and prioritization. Ensure you always have access to the latest tools and technology to compete by tapping our expertise and continuous advancement in analytics and modelling. $
  10. 10. 10 © Experian Using Machine Learning in Model Development 19/11/2019 A S C E N D A N A L Y T I C A L S A N D B O X Challenge To maximize revenue and reduce risk, teams need to continuously evolve credit policies using the latest techniques and tools. In some cases, scorecards may require an overhaul to drop legacy attributes or leverage new models. Simply getting the environment in place to support the latest tools, such as machine learning, can be a big capital investment and IT challenge. In addition, concerns such as explainability may become a barrier. Get the most out of the Ascend Analytical Sandbox How it works Solution The Ascend Analytical Sandbox gives teams ongoing access to the latest tools in an environment that offers all the data needed to explore attributes and iterate/ test custom models. Teams can leverage machine learning techniques (e.g., XGB) and other approaches to gain insights in their efforts to evolve or rebuild scorecards. Final models can still retain the transparency required by compliance. Benefits - Eliminate IT /capital investment overhead required to tap current tools and techniques - Accelerate core risk modeling lead times through advanced techniques and elimination of current archive process - Stay abreast of and leverage the most current tools and approaches available - Deploy more frequent model updates to maximize acquisition revenue while managing risk We ingest and pin your data and add the additional data sources you want to use. Your teams log into a virtual environment to access the latest analytics/ML tools. You analyze the data, deploy ML techniques and use the insights to develop your new credit scorecards. You deploy your new custom model to gain additional revenue and reduce risk.
  11. 11. 11 © Experian A S C E N D A N A L Y T I C A L S A N D B O X Risk Modeling (Random Forest Classifier) Dependent Variable: 90+ DPD Premier Attribute Used: No. of times 30+ DPD in the last 12 months Prediction: Probability of 90+ DPD in the next 12 months
  12. 12. 12 © Experian Questions? A S C E N D A N A L Y T I C A L S A N D B O X
  13. 13. 13 © Experian APPENDIX A S C E N D A N A L Y T I C A L S A N D B O X
  14. 14. 14 © Experian A S C E N D A N A L Y T I C A L S A N D B O X
  15. 15. 15 © Experian 19/11/2019
  16. 16. 16 © Experian 19/11/2019
  17. 17. 17 © Experian Private and confidential Ascend Technology Platform

×