CRISIL Risk Solutions has laid out the roadmap for lenders to adopt an effective early warning system (EWS) framework to derive actionable insights from account-level indicators, and to put in place a structured approach to enhance model performance.
In the context, it is conducting a webinar to address the principal aspects of an EWS lifecycle, during which its experts would discuss the following:
Getting started: How lenders can set up an effective EWS framework across business lines, with or without adequate data
Getting innovative: How lenders can compensate for limited internal data by leveraging alternative sources of external information
Staying relevant: How lenders can continuously monitor, measure and re-calibrate model performance to minimise noise and reduce errors
Integrating with legacy system: How lenders can leverage granular portfolio insights to influence credit policies and on-boarding decisions