http://www.experian-da.com/events/SimRiskChallenge/ International competition in Credit Risk Management en-us http://www.experian-da.com/events/SimRiskChallenge/qa.html Can we get more information on what the values in the CA collections strategy table ie (RadS0, RadS1 etc) actually translate into in term of actions like in the tables for CC and PL? http://www.experian-da.com/events/SimRiskChallenge/qa.html In the CA Collections Strategy Table, the values "RadCS0", "RadCS1"...(Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html What does “Simulation Data” mean?  http://www.experian-da.com/events/SimRiskChallenge/qa.html During the webinars, teams can use 'Simulation' in SDS to analyse the performance of each "node" of each tree. The performance...(Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html Please also explain what does mean - “The auditors were quite surprised at the small number of teams that implemented Champion/Challenger strategies”   http://www.experian-da.com/events/SimRiskChallenge/qa.html The most effective way for a team to find out whether one strategy change (eg Collections strategy or Limit strategy etc) is better...(Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html Could you explain the split CC Utiln 80,100,120? And also could you explain the status Declined and Never Accepted in the characteristic "Account Status"?  http://www.experian-da.com/events/SimRiskChallenge/qa.html This split uses the characteristic "06CC PV.Balance to Limit pct", which represents..(Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html When there is an increase in customer complaints, what financial driver does this impact? http://www.experian-da.com/events/SimRiskChallenge/qa.html Customer Service Costs; each complaint costs £5. http://www.experian-da.com/events/SimRiskChallenge/qa.html At the webinar will we be looking at tweaking the existing strategies or working on brand new strategies from scratch? http://www.experian-da.com/events/SimRiskChallenge/qa.html It is totally up to each team whether they want to build on what is in place already, or start afresh with a brand new strategy. http://www.experian-da.com/events/SimRiskChallenge/qa.html Is any actual data being distributed to help with the strategy development? http://www.experian-da.com/events/SimRiskChallenge/qa.html No actual data will be distributed, but during the webinars, the teams will analyse the data (held with the SDS system) by looking at the driver’s PC screen. The screens that will be seen by .. (Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html What time period does each webinar cover? http://www.experian-da.com/events/SimRiskChallenge/qa.html During the first webinar, teams will be analysing data as at the end of ‘Month 36’. For the 2nd webinar, the data will have been .. (Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html Can you explain the weighting? http://www.experian-da.com/events/SimRiskChallenge/qa.html The weighting characteristic simply makes it look as though there are more accounts than there actually are. In actual fact, there are only.. (Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html Can credit cards and personal loans be sold to existing current account holders? Can prospects apply for credit cards or personal loans? http://www.experian-da.com/events/SimRiskChallenge/qa.html Yes. All customers have Current Accounts, but some may apply for a Credit Card and/or a Personal Loan. This may be following an offer that is made by the lender. The offer to be made to a Current Account customer is.. (Click link to read more) http://www.experian-da.com/events/SimRiskChallenge/qa.html Is a monthly customer management score predicting risk of default available? http://www.experian-da.com/events/SimRiskChallenge/qa.html Yes, a behavioural score is available for Credit Cards, Personal Loans and Current Accounts, as well as an overall Customer-Level score. However, teams will draw their own opinions on the effectiveness of each, (during the webinars with their Drivers.)The scores will not be effective at predicting risk if the strategies have been inappropriate.