The Scoring of Bureau service is used in Otkrytiye bank

The Otkrytiye bank connected in 2015 Scoring of Bureau service — the analytical tool for a grade of reliability of the borrower in methodology of "Joint Credit Bureau" (JCB) on the basis of data from its credit history. The value is issued in the form of scoring point which reflects the probability of a default of the borrower within the next 12 months on any of its credits. At creation of scoring model the method of logistic regression is used. A set of predictive variables in model has exclusively behavioural character, i.e. contains only information from credit history of the borrower.

When calculating Scoring of Bureau data from 196 million credit stories on 63 million borrowers who are stored in experimental design bureau base are used. The share of informative answers (hit reyt) at requests in experimental design bureau exceeds 95% that guarantees the high accuracy of the scoring card of experimental design bureau.

The bank uses Scoring of Bureau within own end-to-end system of risk management in retail lending.

The current situation in the market forces credit institutions to pay special attention to a risks assessment question, using all available data sources. Scoring of experimental design bureau allows bank to receive the additional tool for objective assessment of potential borrowers which will allow to predict more precisely a financial customer behavior and to offer it advantageous conditions, having minimized risk of non-payments. Vice president, director of the department of development of infrastructure of risk management of Otkrytiye bank Michurin Igor

Deterioration in payment discipline and growth of credit load of the population leads to review of credit strategy for benefit of individual approach to assessment of each potential borrower at making decision on issuance of credit. Use of Scoring of Bureau constructed on data of the largest credit institutions within end-to-end systems of banks optimizes risk management in retail lending. Deputy CEO of experimental design bureau Nikolay Myasnikov