Briefing Documents Series

Statistical Decisions’ monthly Briefing Documents will be of interest to all those concerned with Risk Management.

They intend to cover a wide range of topics of concern to Risk Managers, highlighting from their perspective what is important and what is not important. This should include a full treatment of any underlying technical issues.

They seek to identify problems and alternative solutions, where necessary, and make recommendations amongst those alternatives.

Feasibility and practical steps are always considered within a wide range of possible solutions taking in account technology (including changing infrastructure or client-side capabilities), government regulations, and market tools, what are the objectives and what are the trade offs.

The documents are:

• Short: Can be read in 15 minutes.
• Succinct: Are brief and clear; avoiding empty rhetoric and sweeping generalizations. 
• Evidence-based: We use empirical data wherever possible.
• Accessible: Incorporate critical technical facts and trends without jargon.
• Realistic: Based on sensible assumptions.

Topics Include:

• - Understanding the P&L Account

  - Basel II and III

  - Advanced Modelling Techniques

  - Collections Strategies

  - Trends in Credit Card Fraud

  - Program Based Lending

  - Setting Cut-Off Scores

  - The Uses of Credit Bureaux

  - Portfolio Management Explained

  - Individual Variable Analysis

  - Scorecard Validation

  - Stress Testing

  - Recession Planning

• Professionals interested in contributing or discussing over the articles, are welcomed to communicate with us.