- Sensible
- Tailored
- Vigorous
Scorto™ Loan
Decision
Scorto™ Loan
Manager SME
Scorto™ Ample
Collection
Scorto™ Behavia
Scorto™ Fraud
Barrier
Scorto™ Model
Maestro
Scorto™ Supervisor
Scorto
TM
Loan Decision
Solution for Loan Origination
© 2015 Scorto
Corporation.
All rights reserved
2
Scorto™ Solution for Loan Origination
Scorto™ Loan Decision is a decision management and application processing system for loan
origination that allows banks to manage business rules and processes related to:
■■
■■
■■
■■
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Consumer lending;
Credit cards;
Internet lending;
Automobile lending;
Mortgage lending.
The key tasks being performed by Scorto™ Loan Decision are decision-making and borrower
evaluation process automation and flexible management of the lender’s credit rules, credit
policies and scoring models.
Scorto™ Loan Decision – ‘Business Rules’ and ‘Business
Processes’ management system all in one package.
Scorto™ Loan Decision contains all the tools banks need to evaluate the borrower and make a
decisions whether loans should be granted. These functionalities range from POS workplaces
to tools for developing scoring and decision-making strategies.
Business Tasks
Key Features
■■ Automation of decision-making and
■■ Easy integration with any core or back-
borrower evaluation cycle.
end system, external front office or data
■■ Remote access for distributed sales
■■ Business user oriented software, no IT
points.
■■ Processing of requests from remote sales
■■ Decision strategy adjustment for each
credit product.
model
of lending and business process: from
credit cards to mortgages and beyond.
development
management.
■■ Credit portfolio monitoring.
© 2015 Scorto
Corporation.
All rights reserved
involvement required.
■■ Comprehensive functionality for any type
points.
■■ Scoring
source.
and
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Functional Components
The standard Scorto solution comprises several functional components, each
responsible for a particular business task.
Scorto™ Loan Decision
Master
Scorto™ Dimension
Forms Designer
UI Forms
User Interface Forms
Development Tool
Scorto™ Dimension
Loan Decision Edition
Application
Forms
Data Entry
Scorto™ Strategy Maven
Loan Decision Edition
Solution Management Tool
Business
Strategies
Scorto™ Quest Logic
Loan Decision Edition
Ratings &
Logs
Strategy Development Tool
Internal
Scorto™ Quest Logic
Database
Decision-making Server
Scorto™
Model Maestro
Scoring
Models
Data for
Reports
Scorecard Development Tool
Scorto™
Supervisor
Monitoring & Reporting Tool
Scorto™ Admin
Administrative Management Tool
The Scorto solution’s main components are:
■■ System management and controlling module - Scorto™ Loan Decision Master
Any change or improvement made in the system (i.e. a new scoring model, new decisionmaking strategy, new credit product etc.) first appears in the Scorto™ Loan Decision Master
interface. Only after their approval by an authorized person, they go live.
The application also allows managing the process of gradual integration of system changes
into the workflow by testing the changes made on a limited amount of applications and
monitoring the performance (champion / challenger).
■■ Administrative module – Scorto™ Admin
The main function of this module is user role management and access rights
administration.
The Scorto™ Admin interface allows creating and managing user accounts, granting access
rights, blocking / unblocking user accounts and monitoring user activity (through system
logs)
■■ Specialized core – Scorto™ Quest Logic
This is the decisioning engine developed by Scorto specifically for the decision-making
& credit scoring systems. It contains a number of analytical tools and features that can be
used to score, rate and re-evaluate borrowers.
To suit borrower evaluation specifics best, the server allows setting individual evaluation
processes for different products, portfolio segments or business lines, and supports several
types of ratings — quantitative and qualitative.
Along with rich evaluation capabilities, Scorto™ Quest Logic provides for impressive
productivity, with clustering/scalability capabilities.
© 2015 Scorto
Corporation.
All rights reserved
4
■■ Decision-making strategy development module – Scorto™ Strategy Maven
This is a specialized application for building comprehensive decision-making algorithms in
your lending business.
The application can be used to set the borrower’s evaluation or decision-making rules for
granting loans; to calculate indicators and ratios for each particular borrower; or to find the
most effective actions to fix delinquencies etc.
Scorto™ Strategy Maven and Scorto™ Quest Logic jointly constitute the
‘Business Rules’ and ‘Business Processes’ management system.
■■ Front-office – Scorto™ Dimension
This is a front-office toolkit for credit experts, designed to work with the decision-making
system (through the decisioning engine).
Scorto front-office is a web-based solution, and it is accessible from any location through
the internet browser, and allows setting up an unlimited amount of different гser roles (i.e.
Credit Expert, Risk Manager, Head of the Department etc.) and differentiating their visibility
levels, access rights and available functionality.
Its main role is to provide the information input and output interface along with basic
reporting functionality.
Several optional components solving specific business tasks are also available
with the basic Scorto loan origination solution:
■■ Risk management and Basel II reporting – Scorto™ Supervisor
This is a standalone application that easily connects to the Scorto™ Loan Decision database
and provides advanced reporting functionality. The module enables creating standard
scoring reports for evaluating the efficiency and adequacy of the loan origination system’s
performance, as well as a number of other additional reports.
The reporting module generates the following types of reports:
■■ Scorecard reports – provide statistical data on scoring models’ adequacy, the extent
to which subjective decisions have an influence, and the general scoring indicators;
■■ Portfolio reports – the bulk of the information in these reports is taken from the back-office
solution. They allow evaluating the current quality of the credit portfolio, as well as the dynamic
changes that take place in the portfolio from the point of view of the scoring system;
■■ Operational reports – these reports allow evaluating the operational efficiency with
which the decision-making server is used. They also enable the user to identify and size
up trends and tendencies in a certain aspect of the scoring system’s performance.
■■ In-house scorecard development – Scorto™ Model Maestro.
© 2015 Scorto
Corporation.
All rights reserved
This tool provides advanced functionality for custom scoring model creation and analysis,
based on internal historical data, external data, or expert data.
5
Functionality Overview
Scorto™ Loan Decision functionality covers the entire process of loan origination - from
data input via a credit officer's workplace or any other data source, through data analysis,
segmentation, comparison to different indicators or credit bureau data, setting different
business rules and scorecards, all the way to making the final decision.
■■ Data Input
With Scorto™ Loan Decision, data input is available from the credit experts’ workplaces as
well as from any external databases.
Credit experts can use either Scorto™ Dimension workplaces to input application data to
the system, or any third-party front-end solution, that the Scorto team can integrate with
your Loan Decision solution.
User workplaces in Scorto™ Dimension are easily adjustable by the Scorto™ Dimension
Forms Designer tool. It allows a business user to easily design the application form and
adjust a user workplace without IT staff involvement.
■■ Data Processing & Analysis
With Scorto™ Strategy Maven visual editor, any authorized business user can easily develop
an automated data processing and borrower assessment algorithm.
This algorithm can include:
■■ Data comparison, verification and checks (to parameter standard values, average values
or values provided by a third-party (i.e. Credit Bureau));
■■ User defined coefficient and ratio calculations;
■■ Data segmentation in accordance with user-defined business rules and assigning
specific actions to each segment;
■■ Scoring model (either in-house or generic) that can be extended with credit rules,
verifications and checks, calculations, logical conditions and so on;
■■ Application and data routing between different system users.
The comprehensive borrower assessment algorithm (scoring or decision-making strategy)
is created as a visual model and can be easily configured by dragging pre-defined strategy
nodes (steps of the workflow) from the Nodes Container area into the visual editor working
area as it is shown on the screenshot.
© 2015 Scorto
Corporation.
All rights reserved
6
Scorto™ Strategy Maven (Loan Decision Edition) Interface
Each node’s properties (like input and output variables, calculation formula etc.) can also
be configured. The nodes are connected in a logical sequence for strategy processing. The
connections are displayed in the visual editor. The arrows that graphically represent the
connections between the nodes are color-coded depending on the type of the selected
outlet (i.e.“Next”— blue arrow;“No”— red arrow;“Reject”— brown arrow;“Yes”—green arrow;
“Submit” — gray arrow)
Scoring strategies are uploaded to the Scorto™ Quest Logic server with the help of the
Scorto™ Loan Decision Master tool to ensure that the changes made are correct and
effective. With Scorto™ Loan Decision Master a responsible officer can run the updated
strategies in the “challenger/champion” mode and monitor their performance.
This allows the banking institution to analyze loan applications in real time in accordance
with defined rules, models, verifications and calculations.
The server not only performs automatic scoring calculations, but also ensures that loan
© 2015 Scorto
Corporation.
All rights reserved
applications are processed by corresponding credit experts in the correct sequence while
Scorto™ Dimension ensures the correct sequence for processing loan applications.
7
Loan-related documents can be generated and printed automatically from a user’s
workplace when the application processing is completed.
Document templates can be easily adjusted by an authorized system user with the help of
Scorto™ Dimension Forms Designer.
■■ Scorecard Integration
Scorecards are developed using the specialized Scorto™ Model Maestro module. Scoring
models can be immediately deployed on the decision-making server or used as elements
within the comprehensive borrower assessment algorithm.
Scorto also provides custom scorecard development, and generic scorecard provision and
adaptation services to the customers that have no need to develop scorecards themselves
on a regular basis.
In case when a hosted model is used, Scorto can provide its services for model adaptation
for the solution, or provide the tools to allow Customer’s staff to adapt it in-house.
■■ Roles & Responsibilities Management. Decision Override Possibility
Scorto™ Loan Decision solution allows creating as many user roles as it is required by
organizations business peculiarities.
User workplaces can be adjusted in accordance with user roles, making different
functionality and visibility levels available to users with different roles within organization.
Access rights can be easily configured with the help of the Scorto™ Admin Component.
Differentiated user roles are also used for building scoring strategies which involve routing
an application from one organization’s employee to another. In these cases workplaces of
different users can be put into a strategy as its nodes in the required sequence.
The process of decision override can be also automated with Scorto™ Strategy Maven.
Designing a decision-making strategy with Scorto solution, the user can set business rules,
specifying particular conditions, which initiate decision override. On meeting this condition
the application is automatically routed to the responsible officer’s workplace,
Scorto™ Strategy Maven allows validating and changing business rules as often as needed.
© 2015 Scorto
Corporation.
All rights reserved
8
■■ Monitoring & Reporting
Scorto web-based workplaces include reporting capabilities with differentiated access
rights. This means that users with different roles can have access to different reports.
The final set of available reports is to be adjusted by Scorto exactly as it is required by the
Customer.
Typical reports provided within Scorto workplaces include but are not limited to:
Total number of processed applications for a certain timeframe (Day / Week / Month etc.);
Total number of applications segmented by Loan type / Member type / Collateral type /
County of Application;
Number of approvals / rejections segmented by Loan type / Member type / Collateral type /
County of Application;
Number of rejected applications by reasons of rejection etc.
More comprehensive reporting functionality is available in the Scorto specialized reporting
tool - Scorto™ Supervisor. This a component designed for interactive data analysis using
OLAP technology. It also has a built-in report constructor, which can be used in all the areas
that require consolidated data analysis, portfolio analysis and so on.
9
About Scorto Decision Management Solutions
The Scorto solution line for credit scoring and decision management is designed to cover
the entire decision making process in the lending business – from loan origination to debt
management – and to fit any credit product type, from credit cards to mortgages and more.
Current Scorto product offering includes:
■■
■■
■■
■■
■■
Consumer lending;
Credit cards;
Internet lending;
Automobile lending;
■■
■■
■■
■■
Application scoring;
Behavioral scoring;
Collection scoring;
■■ Loan origination;
■■ Portfolio management;
■■ Debt collection.
Fraud scoring.
Mortgage lending.
All Scorto solutions are totally compatible with each other and have their major
strengths in common:
■■ Unique combination of high technology and low cost of ownership;
■■ Business user-oriented approach that results in extreme ease of use, adaptation and
maintenance;
■■ Ability to easily customize, localize and tailor solutions to specific customer’s needs;
■■ Efficiency not only in established economies, but also in fast growing and emerging
markets;
■■ Full cycle coverage: from loan origination to collection, from consumer to SME loans, from
model development to deployment.
Today, Scorto customers are world renowned banking institutions, such as Mercedes Benz
Bank (the Daimler Group), Astra Bank (Alpha Group), OTP Bank, MTBank (the Laiki Group), Bank
Turan Alem Bank (the BTA Group), InvestCapitalbank and many more. Scorto's products are so
sensible and vigorous that the list is constantly growing.
© 2015corto
Corporation.
All rights reserved
Scorto™ Ample
Collection
Scorto™ Loan Decision
Scorto™ Loan Manager
SME
Scorto™ Behavia
Scorto™ Fraud Barrier
SCORTO EUROPE
Barbara Strozzilaan 201
1083 HN Amsterdam
The Netherlands
Tel/Fax: +31 (0)61 104-89-21
Email: [email protected]
Scorto™ Model
Maestro
Scorto™ Supervisor
SCORTO AMERICAS
19925 Stevens Creek Blvd.
Cupertino, CA 95014
Tel/ Fax: +1 (408) 351-2875
Email: [email protected]
SCORTO SOUTH-EAST ASIA
Unit 2605 Island Place Tower
510 King’s Road, North Point
Hong Kong
Tel/Fax: +852 5808 3132
Email: [email protected]
SCORTO JORDAN
Office No.110, 1st Floor
Arab Bank Complex
Gardens St., Amman, Jordan
Tel/Fax.: +962 7 9535 3551
Email: [email protected]
SCORTO RUSSIA
19, Leninskaya Sloboda st.
Business Center Omega Plaza
Moscow, Russia 115280
Tel/Fax: +7 (495) 989-85-65
Email: [email protected]
SCORTO R&D CENTER
11/13 Yaroslavskaya str,
Kharkov, Ukriane 61052
Tel/Fax: +380 (57) 712-18-98
Email: [email protected]
© 2015 Scorto
Corporation
All rights reserved