DocumentCode :
3272832
Title :
A Decision Model for Group Assessment of Credit Applications
Author :
Karadimas, Nikolaos V. ; Rigopoulos, George ; Orsoni, Alessandra
fYear :
2008
fDate :
1-3 April 2008
Firstpage :
319
Lastpage :
323
Abstract :
This paper proposes a group decision model for the assessment of credit/loan applications by a team. As many new players enter the finance sector, offering new products and different forms of financing, it is important that credit applications are assessed from multiple angles including the marketing and risk management sides. While external organisations offer independent ratings and credit reports of potential applicants, lending firms need to take into account internal criteria in order to effectively allocate and grant credit to their customers. Individual products target specific customer profiles:in this paper we propose a tool to support the multicriteria assessment and classification of the applicants´ profile aiming for a good match between the product and the customer. This will look at expanding the firm´s customer base with a reduced risk of bad credit.
Keywords :
Analytical models; Application software; Business; Computational modeling; Computer simulation; Consumer electronics; Customer profiles; Decision making; Finance; Risk management; Agent Based Modelling; Group Decision; Intelligent Decision Support; Multicriteria Decision Analysis;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Computer Modeling and Simulation, 2008. UKSIM 2008. Tenth International Conference on
Conference_Location :
Cambridge, UK
Print_ISBN :
0-7695-3114-8
Type :
conf
DOI :
10.1109/UKSIM.2008.34
Filename :
4488951
Link To Document :
بازگشت