Praise for Credit Risk Scorecards"Scorecard development is important to retail financial servicesin terms of credit risk management, Basel II compliance, andmarketing of credit products. Credit Risk Scorecardsprovides insight into professional practices in different stages ofcredit scorecard development, such as model building, validation,and implementation. The book should be compulsory reading formodern credit risk managers."
--Michael C. S. Wong Associate Professor of Finance, CityUniversity of Hong Kong Hong Kong Regional Director, GlobalAssociation of Risk Professionals
"Siddiqi offers a practical, step-by-step guide for developingand implementing successful credit scorecards. He relays the keysteps in an ordered and simple-to-follow fashion. A 'must read' foranyone managing the development of a scorecard."
--Jonathan G. Baum Chief Risk Officer, GE Consumer Finance,Europe
"A comprehensive guide, not only for scorecard specialists butfor all consumer credit professionals. The book provides the A-to-Zof scorecard development, implementation, and monitoring processes.This is an important read for all consumer-lendingpractitioners."
--Satinder Ahluwalia Vice President and Head-Retail Credit,Mashreqbank, UAE
"This practical text provides a strong foundation in thetechnical issues involved in building credit scoring models. Thisbook will become required reading for all those working in thisarea."
--J. Michael Hardin, PhD Professor of StatisticsDepartment ofInformation Systems, Statistics, and Management ScienceDirector,Institute of Business Intelligence
"Mr. Siddiqi has captured the true essence of the credit riskpractitioner's primary tool, the predictive scorecard. He hascombined both art and science in demonstrating the criticaladvantages that scorecards achieve when employed in marketing,acquisition, account management, and recoveries. This text shouldbe part of every risk manager's library."
--Stephen D. Morris Director, Credit Risk, ING Bank ofCanada

Acknowledgments.
Chapter 1: Introduction.
Scorecards: General Overview.
Chapter 2: Scorecard Development: The People and theProcess.
Scorecard Development Roles.
Intelligent Scorecard Development.
Scorecard Development and Implementation Process: Overview.
Chapter 3: Scorecard Development Process, Stage 1:Preliminaries and Planning.
Create Business Plan.
Create Project Plan.
Why "Scorecard" Format?
Chapter 4: Scorecard Development Process, Stage 2: DataReview and Project Parameters.
Data Availability and Quality.
Data Gathering for Definition of Project Parameters.
Definition of Project Parameters.
Segmentation.
Methodology.
Review of Implementation Plan.
Chapter 5: Scorecard Development Process, Stage 3:Development Database Creation.
Development Sample Specification.
Development Data Collection and Construction.
Adjusting for Prior Probabilities.
Chapter 6: Scorecard Development Process, Stage 4: ScorecardDevelopment.
Explore Data.
Missing Values and Outliers.
Correlation.
Initial Characteristic Analysis.
Preliminary Scorecard.
Reject Inference.
Final Scorecard Production.
Choosing a Scorecard.
Validation.
Chapter 7: Scorecard Development Process, Stage 5: ScorecardManagement Reports.
Gains Table.
Characteristic Reports.
Chapter 8: Scorecard Development Process, Stage 6: ScorecardImplementation.
Preimplementation Validation.
Strategy Development.
Chapter 9: Scorecard Development Process, Stage 7:Postimplementation.
Scorecard and Portfolio Monitoring Reports.
Review.
Bibliography.
Index.