Internal Validation and Controls Dept. is experiencing an evolution programme in terms of methodologies and tools supporting validation and second level controls on credit, in order to boost efficiency and accuracy of activities. The development of a scoring model with machine learning techniques is part of the aforementioned programme and it has been already applied to support second level controls and validation activities during IVQ 2020, during the COVID-19 crisis.
- Overview of the scope of the model and of the methodology applied for its development
- Fine tuning and back testing of the model in COVID-19 crisis
- Example of application of the model and next steps