Renaissance Capital starts testing system of credit strategy

On January 21, 2014 the Neoflex company announced implementation in Renaissance Credit bank of testing system of credit strategy of Neoflex Strategy Testing Manager (Neoflex STM).

Project Results

Implementation of Neoflex STM solved a problem of testing of the credit strategy implemented in decision making system according to the credit requests FICO Capstone Decision Accelerator (FICO CDA). Testing with step-by-step check of operation of each block allows specialists of department of risks to pick up Renaissance of the Credit the FICO CDA settings, optimal in terms of the risk policy of bank, and to prevent failures in system operation.

The necessary number of requests, questionnaires or other data in the XML format comes to the tested system and is sent along one or several strategic "routes". The same way there go to CDA real requests of clients. As data sources the database, a set of XML files on a disk or a set of requests which is artificially created in a system can act.

The result of testing is represented to the business user graphically, in a user-friendly interface that excludes need of ownership of skills of programming. The report on passing of requests on strategic "routes" is created automatically. At the same time in the Neoflex STM system there is an opportunity to set reference candidate solution to which all others will be compared. The options differing from reference in the created report are selected using illumination.

Both testing of logic of business rules, and stress testing is provided. The number of flows of testing is set by the business user who can manage also flexibly biographical parameters, the number of questionnaires and a set of business parameters, to generate test questionnaires with a set of unique requests.

Mikhail Titov, the head of department of technologies risk management of risk management department of Renaissance Credit bank, noted: "Before emergence of Neoflex STM in the market there were no software applications for testing of decision making systems on the basis of FICO CDA. Now there was an opportunity to eliminate errors by own efforts, before date of transmission in IT. With implementation NSTM bank passed to regulations of the weekly releases concerning changes in reckless politicians. For usage time of this software application we managed to avoid hit of any errors on industrial Wednesday. Further we are going to expand tools of portfolio managers with the Neoflex STM system for the analysis of impact of changes risky the politician on decision making".

Anton Lazebny, the head "Risk management" of Neoflex company, emphasized: "We are glad to offer banks the innovation product which on the functionality and ease of use completely meets requirements of testing of automated systems of decision making on the credits".