Page 30 - Banking Finance December 2018

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of the traditiona credit ana tics as disc ssed a o e the eospatia data etc. hese e er in so rces of data ha e
a ternati e approaches to credit ana tics ha e started the capacit to positi e i pact the a it of credit
ainin ro nd. ana tics.

. he ternati e pproa hes he a credit ana sis is done is rad a chan in as the
ne and no e a s of assessin the credit orthiness co e
so nd process of the credit ana tics st capt re the
to the fore. s disc ssed the appraisa s ade on the asis
on oin transaction ris e pos re and concentration ris
of repa ent histor and e istin de t ha e their o n
hi e ade ate foc ssin pon the intrinsic defa t ris
i itations inherent in e er point in ti e ethod ased on
i re 2 . he ris ie sho d e oth icro and acro
the historica data. o e er in toda s di ita a e the
to he p nderstand the orro er specific icro ris a on
prospecti e orro ers contin a enerate h e ant
ith the enterprise ide acro ris . hi e the a ternati e
of eha io ra transactiona and socia data that can
approach to the credit ana tics can s ccessf pro ide
pro ide ro st indicators so as to assess their
insi ht a o t so e of the hitherto nder ser ed se ents
credit orthiness and repa ent capacit .
of the ar et it co d a so pro ide an additiona a er of
credit ana tics s pport for other ar et se ents and he p
hese ne data so rces can co p e ent the esta ished
in re o in the deficiencies of the traditiona ode s.
ones and in ti e a pro ide an a ternati e
ro te to a credit decision. ternati e data can
ean an thin and e er thin e ond the
traditiona credit histor s a athered
an s and credit rea s. o e data so rces
ha e arnered partic ar attention na e the
non financia data fro the o i e net or
operators e cra in data socia edia
data de o raphic data as a so the
transactiona data re atin to the pa ent
histor and ti it i s. hese are rad a
e er in as er sef inp t for the esti ation
of credit scores for c ients ho a e
other ise nser icea e i re . he ps cho etric
i ur r it is v rvi
ana sis is a so atherin acceptance as an a ternati e
ethod of credit ana tics.
t is esti ated that appro i ate 2. inti ion tes of
data are prod ced in the or d e er da . t the end of
2 the or d had a tota of . i ion ni e o i e
s scri ers. B 2 2 a ost i ion ne s scri ers
i e added ta in the o a o i e phone penetration
rate to 7 . en co ntries i acco nt for 72 of ro th
in ne o i e s scri ers or d ide. ndia a read the
or d s second ar est o i e ar et i e the pri ar
dri er of this ro th ith i ion ne ni e
s scri ers e pected in the period to 2 2 he ped
i pro in afforda i it fa in de ice prices and etter
net or co era e . onse ent ood a it data can e
dra n fro contin a e pandin so rces na e
e ectronic transactions o i e ca records airti e p rchase
patterns credit rea infor ation socia edia posts

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