HK Score has been just upgraded and now with new monitoring features

We are very pleased to announce the upgrade of HK Score. The majority of the enhancements in the new version of HK Score was focused on adding monitoring functionalities to the users and making the navigation of the software more intuitive. These enhancements allow our users to monitor model’s accuracy more effortlessly and find potential risks quickly. The software can navigate our users to react speedily in order for them to make more precise or appropriate loan decisions under the virus-driven recession.

The following list shows our roadmap of the development of HK Score. There are upcoming features that are currently under development or in our plan to be introduced in the near future.

HK Score Development Roadmap

The quick video helps you to understand what the new monitoring features are about. You can find these enhancements from the list below as well.

• Score Distribution
  The newly added two charts are a) Kernel Density Estimation and b) 100% stacked bar chart. They are auto tracking features to grasp score distribution. Users can identify credit risk trend of borrowers and easily grasp a tendency from the time-series data.
  1. Kernel Density Estimation
  2. 100% stacked bar chart

• Risk Analysis
  The following two risk analyses enable to analyze default risks and model accuracy by comparing model data and actual performances.
  1. Default risk analysis per credit grade
  2. Data table (which shows comparison data)

• Value Chart
  Various charts show distributions of variables. Users can easily figure out differences of data distributions between models and actual results. These charts allow them to detect variable changes such as a change of borrower attributes.

• Value Analysis
  Outliers will be listed up in the table once the software detects them. The occurrence frequency of outliers is a key performance metrics to discover a trend change.

• Activity Log
  The users can check your daily and monthly activities based on the access log.

In the difficult times with COVID-19 pandemic, the situations have created an opportunity for the lenders to accelerate digital transformation and win the future of lending. A new world of credit modeling has already begun. If you are interested to learn more about AI model development, contact us!