To get started with FICO Resilience Index contact your FICO Rep
Contact us
Contact us
Given the latent nature of economic resilience that the FICO® Resilience Index predicts, lender validation of this new analytic requires a specialized approach in conjunction with the FICO® Score. In this session, we offer a framework to construct an effective FICO® Resilience Index validation. We contrast two validation scenarios - leveraging archived data from a historically stressed period, the Great Recession, versus performing a validation in a currently or newly stressed period. We illustrate how to leverage available data as it evolves in an unfolding economic downturn, and show how you can adjust key validation parameters in an adaptive fashion as you move through a period of stress.
Validating the FICO Resilience Index in a Newly Stressed Economy
®
An analytics leader within the FICO Scores team, David helps lenders adopt and make best practice use of innovative products and solutions. David is currently focused on the rollout of the new FICO® Resilience Index, which rank-orders consumers by their resilience to economic stress.
Analytic Consultant
David Binder
Senior Scientist
Brendan LaCounte
Specializing in new scoring products and solutions leveraging alternative data, Brendan lives in Albuquerque, New Mexico and holds B.S. degrees in Mathematics and Management from New Mexico Tech, an M.S. in Statistics and Computational Finance from Purdue University, and a Certificate in Financial Planning from Northwestern University.
Meet the Speakers
FICO® Resilience Index can provide new insight into how portfolios may perform in times of severe economic stress. In this session, we introduce new Stress Modeling Benchmark resources based on the FICO Resilience Index - and demonstrate how users can apply them to derive "stress-adjusted" FICO® Scores. We walk through two applications of stress-adjusted FICO Scores: (1) evaluating a portfolio's credit quality; and (2) calculating stressed portfolio loss rates by utilizing a stress-adjusted FICO Score in Probability of Default models. Both use cases illustrate the positive potential impact of actively managing portfolios for resilience. The Benchmark resources are discussed in this session are accessible through the FICO® Score Support Site.
Using Stress-Adjusted FICO Scores for Portfolio Evaluation and Stress Testing
®
An analytics leader within the FICO Scores team, David helps lenders adopt and make best practice use of innovative products and solutions. David is currently focused on the rollout of the new FICO® Resilience Index, which rank-orders consumers by their resilience to economic stress.
Analytic Consultant
David Binder
Analytic Scientist
Dr. Gerald Fahner
Dr. Gerald Fahner specializes on innovative algorithms that turn data and domain knowledge into superior insights, predictions, and decisions. Gerald is also responsible for the core algorithms underlying FICO's Scorecard development platform. His work on causal modelling won the Best Paper award at the Credit Scoring and Credit Control XI conference and was also awarded a patent.
Meet the Speakers
Stress testing is a valuable credit risk management practice that helps measure the financial impacts of severe economic downturns. Incorporating the FICO® Resilience Index into stress tests can make results more insightful, accurate, and actionable. In this session, we illustrate how active management of FICO® Resilience Index distributions to build resilience within consumer lending portfolios can over time support stressed forecasts projecting lower credit losses, higher profitability and greater capital coverage.
Using FICO Resilience Index in Stress Testing
®
An analytics leader within the FICO Scores team, David helps lenders adopt and make best practice use of innovative products and solutions. David is currently focused on the rollout of the new FICO® Resilience Index, which rank-orders consumers by their resilience to economic stress.
Analytic Consultant
David Binder
Analytic Scientist
Dr. Gerald Fahner
Dr. Gerald Fahner specializes on innovative algorithms that turn data and domain knowledge into superior insights, predictions, and decisions. Gerald is also responsible for the core algorithms underlying FICO's Scorecard development platform. His work on causal modelling won the Best Paper award at the Credit Scoring and Credit Control XI conference and was also awarded a patent.
Meet the Speakers
Learn how bankcard exposure management strategies can be enhanced and improved with the FICO® Resilience Index. How can you "right size" limits in the face of economic disruption while continuing to safely expand exposure for customers based on their relative resilience? This how-to session includes illustrations of both credit line increase and credit line decrease strategies, employing FICO® Resilience Index as a separate decision key or as a basis to calibrate FICO® Score inputs to decision strategies.
Bankcard Account Management:
Managing Exposure with Resilience Precision
A Business Consultant within the Global Credit Lifecycle Practice of FICO Advisors for 20+ years, Jim works with lenders throughout North America in the application of automated decision technologies, primarily in the area of customer management for credit card and installment loan portfolios.
FICO Advisors
Jim Patterson
A Business Consultant within the Global Credit Lifecycle Practice of FICO Advisors for 10+ years, Jill delivers innovative customer management solutions across the credit lifecycle to lenders throughout North America for revolving and installment loan portfolios.
FICO Advisors
Jill Deckert
Meet the Speakers
FICO Resilience Index 101
®
In this introductory session - recommended for all users of FICO® Resilience Index - we describe the motivation for FICO Resilience Index and the novel analytic approach behind this new measure of latent risk tied to severe economic stress. We share validation results contrasting the performance of the index in stressed versus unstressed economic periods, and briefly explore a range of potential use cases for FICO Resilience Index. This session is a prerequisite to the other on-demand webinars in this learning series.
As VP, Scores and Analytics at FICO, Dave has been on the leading edge of analytic research and deployment into new markets. Throughout his tenure, he has focused on the application of advanced analytics to address a wide array of business challenges in financial services, healthcare and telecommunications.
Product Management
Dave Shellenberger
As Sr. Director, Scores and Analytics at FICO, Sharon has product responsibility for U.S. - based and international score offerings ranging from FICO® Resilience Index to innovations in first party fraud detection and new mobile data-based scoring to power microlending decisions in Sub-Saharan Africa.
Product Management
Sharon Tilley
Meet the Speakers
Validating FICO Resilience Index in the COVID-19 Driven Downturn
®
This 8-minute video provides lenders with a blueprint for testing the FICO® Resilience Index on their own portfolios in 2020 -- applying a new performance indicator in light of limited delinquency reporting under the CARES Act. We also share highlights of our recent industry-level study which demonstrates that the FICO Resilience Index is effectively rank ordering consumer resilience in the current pandemic-driven downturn.
Meet the Speaker
Learning Video Library
Download pdf
Download pdf
®
See the latest data about the FICO Resilience Index
Learning Resources
Learn how mortgage servicers can manage potential latent risk within groups of borrowers bearing similar FICO® Scores by leveraging the FICO® Resilience Index proactively for account management decisions to reduce exposure with greater precision-taking homeowner-level resilience into account. Hear how servicers can benefit by using FICO® Resilience Index to: - Better prepare for cyclical downturns - Assess loan portfolio vulnerability more accurately - Improve stress-testing outcomes - Better estimate loss allowances - Integrate easily with existing FICO® Score processes
How Mortgage Servicers Can Mitigate Risk Exposure in a Volatile Environment
®
Meet the Speakers
Senior Scientist
Brendan LaCounte
Specializing in new scoring products and solutions leveraging alternative data, Brendan lives in Albuquerque, New Mexico and holds B.S. degrees in Mathematics and Management from New Mexico Tech, an M.S. in Statistics and Computational Finance from Purdue University, and a Certificate in Financial Planning from Northwestern University.
Joanne M. Gaskin, AMP, VP Scores and Analytics, FICO, and Ed Delgado, President & CEO, Five Star Global, LLC, discuss how financial institutions can more precisely predict a homeowner’s resilience during periods of economic disruptions or volatility.
AMP, VP Scores and
Analytics, FICO
Joanne M. Gaskin
President & CEO, Five
Star Global, LLC
Ed Delgado
To get started with
FICO Resilience Index contact your Experian Rep
Contact us
Contact us
Meet the Speakers
Learn how mortgage servicers can manage potential latent risk within groups of borrowers bearing similar FICO® Scores by leveraging the FICO® Resilience Index proactively for account management decisions to reduce exposure with greater precision-taking homeowner-level resilience into account. Hear how servicers can benefit by using FICO® Resilience Index to:
How Mortgage Servicers Can Mitigate Risk Exposure in a Volatile Environment
®
An analytics leader within the FICO Scores team, David helps lenders adopt and make best practice use of innovative products and solutions. David is currently focused on the rollout of the new FICO® Resilience Index, which rank-orders consumers by their resilience to economic stress.
Analytic Consultant
David Binder
Analytic Scientist
Dr. Gerald Fahner
Dr. Gerald Fahner specializes on innovative algorithms that turn data and domain knowledge into superior insights, predictions, and decisions. Gerald is also responsible for the core algorithms underlying FICO's Scorecard development platform. His work on causal modelling won the Best Paper award at the Credit Scoring and Credit Control XI conference and was also awarded a patent.
Meet the Speakers
FICO® Resilience Index can provide new insight into how portfolios may perform in times of severe economic stress. In this session, we introduce new Stress Modeling Benchmark resources based on the FICO Resilience Index - and demonstrate how users can apply them to derive "stress-adjusted" FICO® Scores. We walk through two applications of stress-adjusted FICO Scores: (1) evaluating a portfolio's credit quality; and (2) calculating stressed portfolio loss rates by utilizing a stress-adjusted FICO Score in Probability of Default models. Both use cases illustrate the positive potential impact of actively managing portfolios for resilience. The Benchmark resources are discussed in this session are accessible through the FICO® Score Support Site.
Using Stress-Adjusted FICO Scores for Portfolio Evaluation and Stress Testing
®
Stress testing is a valuable credit risk management practice that helps measure the financial impacts of severe economic downturns. Incorporating the FICO® Resilience Index into stress tests can make results more insightful, accurate, and actionable. In this session, we illustrate how active management of FICO® Resilience Index distributions to build resilience within consumer lending portfolios can over time support stressed forecasts projecting lower credit losses, higher profitability and greater capital coverage.
An analytics leader within the FICO Scores team, David helps lenders adopt and make best practice use of innovative products and solutions. David is currently focused on the rollout of the new FICO® Resilience Index, which rank-orders consumers by their resilience to economic stress.
Analytic Consultant
David Binder
Analytic Scientist
Dr. Gerald Fahner
Dr. Gerald Fahner specializes on innovative algorithms that turn data and domain knowledge into superior insights, predictions, and decisions. Gerald is also responsible for the core algorithms underlying FICO's Scorecard development platform. His work on causal modelling won the Best Paper award at the Credit Scoring and Credit Control XI conference and was also awarded a patent.
Meet the Speakers
Using FICO Resilience Index in Stress Testing
®
Bankcard Account Management:
Managing Exposure with Resilience Precision
Learn how bankcard exposure management strategies can be enhanced and improved with the FICO® Resilience Index. How can you "right size" limits in the face of economic disruption while continuing to safely expand exposure for customers based on their relative resilience? This how-to session includes illustrations of both credit line increase and credit line decrease strategies, employing FICO® Resilience Index as a separate decision key or as a basis to calibrate FICO® Score inputs to decision strategies.
FICO Advisors
Jim Patterson
A Business Consultant within the Global Credit Lifecycle Practice of FICO Advisors for 20+ years, Jim works with lenders throughout North America in the application of automated decision technologies, primarily in the area of customer management for credit card and installment loan portfolios.
A Business Consultant within the Global Credit Lifecycle Practice of FICO Advisors for 10+ years, Jill delivers innovative customer management solutions across the credit lifecycle to lenders throughout North America for revolving and installment loan portfolios.
FICO Advisors
Jill Deckert
Meet the Speakers
As VP, Scores and Analytics at FICO, Dave has been on the leading edge of analytic research and deployment into new markets. Throughout his tenure, he has focused on the application of advanced analytics to address a wide array of business challenges in financial services, healthcare and telecommunications.
Product Management
Dave Shellenberger
As Sr. Director, Scores and Analytics at FICO, Sharon has product responsibility for U.S. - based and international score offerings ranging from FICO® Resilience Index to innovations in first party fraud detection and new mobile data-based scoring to power microlending decisions in Sub-Saharan Africa.
Product Management
Sharon Tilley
Meet the Speakers
FICO Resilience Index 101
®
In this introductory session - recommended for all users of FICO® Resilience Index - we describe the motivation for FICO Resilience Index and the novel analytic approach behind this new measure of latent risk tied to severe economic stress. We share validation results contrasting the performance of the index in stressed versus unstressed economic periods, and briefly explore a range of potential use cases for FICO Resilience Index. This session is a prerequisite to the other on-demand webinars in this learning series.
Senior Scientist
Brendan LaCounte
Specializing in new scoring products and solutions leveraging alternative data, Brendan lives in Albuquerque, New Mexico and holds B.S. degrees in Mathematics and Management from New Mexico Tech, an M.S. in Statistics and Computational Finance from Purdue University, and a Certificate in Financial Planning from Northwestern University.
Meet the Speaker
Validating FICO Resilience Index in the COVID-19 Driven Downturn
®
This 8-minute video provides lenders with a blueprint for testing the FICO® Resilience Index on their own portfolios in 2020 -- applying a new performance indicator in light of limited delinquency reporting under the CARES Act. We also share highlights of our recent industry-level study which demonstrates that the FICO Resilience Index is effectively rank ordering consumer resilience in the current pandemic-driven downturn.
Learning Video Library
Learning resources
See the latest data about the FICO Resilience Index
®
Download pdf
Download pdf
An analytics leader within the FICO Scores team, David helps lenders adopt and make best practice use of innovative products and solutions. David is currently focused on the rollout of the new FICO® Resilience Index, which rank-orders consumers by their resilience to economic stress.
Analytic Consultant
David Binder
Senior Scientist
Brendan LaCounte
Specializing in new scoring products and solutions leveraging alternative data, Brendan lives in Albuquerque, New Mexico and holds B.S. degrees in Mathematics and Management from New Mexico Tech, an M.S. in Statistics and Computational Finance from Purdue University, and a Certificate in Financial Planning from Northwestern University.
Meet the Speakers
Given the latent nature of economic resilience that the FICO® Resilience Index predicts, lender validation of this new analytic requires a specialized approach in conjunction with the FICO® Score. In this session, we offer a framework to construct an effective FICO® Resilience Index validation. We contrast two validation scenarios - leveraging archived data from a historically stressed period, the Great Recession, versus performing a validation in a currently or newly stressed period. We illustrate how to leverage available data as it evolves in an unfolding economic downturn, and show how you can adjust key validation parameters in an adaptive fashion as you move through a period of stress.
Validating the FICO Resilience Index in a Newly Stressed Economy
®
- Better prepare for cyclical downturns
- Assess loan portfolio vulnerability more accurately
- Improve stress-testing outcomes
- Better estimate loss allowances
- Integrate easily with existing FICO® Score processes