Pricing Credit Products (e-bog) af Phillips, Robert L.
Phillips, Robert L. (forfatter)

Pricing Credit Products e-bog

692,63 DKK (inkl. moms 865,79 DKK)
In the wake of the 2008 financial crisis, it became apparent that pricing loans in a way that is profitable for lenders and sensitive to risk is anything but simple. Increasingly, lenders are following the lead of other retailers by segmenting their market and more precisely targeting customers. To do this successfully, lenders must engage analytic approaches, such as machine learning and optim...
E-bog 692,63 DKK
Forfattere Phillips, Robert L. (forfatter)
Udgivet 10 juli 2018
Længde 256 sider
Genrer Credit and credit institutions
Sprog English
Format pdf
Beskyttelse LCP
ISBN 9781503605657
In the wake of the 2008 financial crisis, it became apparent that pricing loans in a way that is profitable for lenders and sensitive to risk is anything but simple. Increasingly, lenders are following the lead of other retailers by segmenting their market and more precisely targeting customers. To do this successfully, lenders must engage analytic approaches, such as machine learning and optimization, in setting prices for each segment. Robert L. Phillips worked with major banks and financial services companies for more than a decade to help them improve their pricing capabilities. This book draws on his experience, as well as the latest academic research, to demonstrate how lenders can apply the proven techniques of price optimization to responsibly improve the profitability of their loans. It is a go-to resource for academics and professionals alike, particularly lenders who are looking for ways to do better business in an increasingly competitive (and regulated) market.