Want a sneak peek into next week's FICO World? Then we invite you to watch the recorded FICO World preview webinars. The FICO World 2011 conference takes place November 1-4 in New York City.
Revitalizing Growth in the Reset Economy
Gordon Cameron, SVP, PNC and Mark Greene, CEO, FICO
In conversation with Mark Greene, Gordon Cameron discusses his upcoming FICO World keynote address: Revitalizing Growth in the Reset Economy. Cameron talks about how new regulations and changing customer behaviors have made it imperative for banks to find new approaches to lending. He also shares his views on how analytics need to change to facilitate banking growth, and how banks need to evolve their credit strategies and systems to adapt to rapid change.
Changing the Collections Game with Self-Service and Mobile Technologies
Russell Robinson, CEO, Telrock and Daniel Melo, EMEA Market, FICO
Many debtors are able and willing to pay but forget, do not find the time, or are too embarrassed to talk about their financial challenges with an agent. Self-service channels can be much more effective than agents to help manage this type of debtor in terms of both collection rates and costs. This session discusses:
- How self-service channels transform collections productivity.
- The effects of mobile on customer behaviors.
- How mobile effectively solves numerous business challenges experienced by collectors.
Incorporating Economic Cyclicality into Credit Scoring and Rating Models
David Molyneaux, Analytic Science, FICO
There is an emphasis on embedding counter-cyclicality into the financial system. The Basel Accord requires lenders to stress test their regulatory capital requirements periodically, leading bank executives to look at tools to address pro-cyclicality in their current capital and risk management practices. This session explores:
- The pro-cyclical problem using traditional scorecards, and the influence the economy plays in score shifts and score-level default rates.
- A new solution that marries economic change with credit risk metrics to improve counter-cyclical risk and capital management.