credit insight
Understanding your customers and how they engage with credit has never been more important. The last 10 years charts a growth in unsecured personal lending coupled with a rise in bad debt and personal insolvencies. And whilst the former has meant increased acquisition in the past, forecasts suggest that bad debt will continue to rise whilst acquisition will slow. And as write-offs increase, provisions management gets more difficult too.
Such pressures are clearly faced by banks and building societies but this is increasingly spilling out to other sectors such as utilities, telecom and retail as affordability is squeezed. The sector specific regulatory constraints, often combined with information overload, serve to make managing credit a tricky business.
Analytics plays an important part in tackling those issues but it's not enough on its own.
Our analysts are experienced and pragmatic project leaders who will help you decide which analytical work to do as well as making sure it is delivered having considered all of your particular quirks. And when they deliver the analysis they'll articulate the commercial implications of the knowledge you now have available. These are not easy people to find but because of the way we are, you'll find plenty in Jaywing.
credit analysis
When you know what you want to know, you need a team available to deliver the answers quickly. But sometimes you have a niggle you can't quite get to and that's where persistence (in a good way) and a commercial mind will help you dig deep into your data and provide some clues.
Because we've been around the block a bit, we have a bagful of tools and techniques at our disposal.
Credit Analysis includes forecasting, provisioning methods, portfolio analysis and segmentation. We'll also check out how you're currently fixed with process and data audits. After all, the better the data, the better the analysis.
credit models
Good model building absolutely demands creativity. Formulaic methods may produce steady results, but we're guessing steady doesn't quite press your buttons. Our expertise, experience and ability to focus on what matters ensures our creativity still meets your deadlines but delivers you great results.
