UW reporting is a core reporting for Credit risk management. Should be built flexibly to capture daily, weekly, monthly views.
Dimensions
On top of standard time dimension, following shall be available:
Type of product (loan, overdraft)
Geography
Origination channel/sales channel hierarchy
Client
Metrics
All metrics are measured with respect to given dimension (time period or other dimension)
Name | Abbreviation | Definition |
|---|---|---|
New volume | NV | Total amount of loans paid out |
Applications |
| Number of applications that were approved or denied |
Approved applications |
| Number of applications approved |
Approval rate | AR | Ratio of number of approved applications and all applications |
Preapproval cancelled |
| Number of applications that were cancelled before approve/deny decision. These applications are dropped within the approval process - mainly due to not completed manual review. |
Preapproval cancellation rate |
| Ratio of number of preapproval cancelled applications to number of applications |
Manual Review Approval |
| Number of applications approved in Manual Review. |
Manual Review Approval ratio |
| Ratio of number of approved in Manual Review to number of Applications. |
Approved clients |
| Number of distinct clients with approved application. Note: beware of issues with DISTINCT (two periods will not sum into the same number as one combined period) |
Approval rate (client) |
| Number of approved clients divided by number of all clients with application. |
New client applications |
| Number of first applications that were ever approved and not cancelled for particular clients. |
New client rate |
| Number of New client applications divided by number of all applications |
Approved prospected volume | APV | Amount of loans approved - offered to customer in respective month. This is the sum that is available to customer after the approval |
Activated volume | AV | Amount of approved loans that were activated - drawn by client |
Average term |
| Average number of instalments - on activated loans. |
Activated loans count |
| Number of loans that were activated-drawn by customer |
Averaged financed amount | AFA | Average loan (credit) amount. |
Effective Interest Rate | EIR | Effective interest rate (including fees and other costs) of loans approved in respective month. |
Specific metrics related to External/Internal APIs-integrations
Name | Abbreviation | Definition |
|---|---|---|
Usage rate |
| Ratio of number of applications for which service request was made and all applications with decision date . |
Hit rate |
| Ratio of number of applications for which data was obtained and all applications with request to particular integration. |
Error in response Rate |
| Each integration has defined a response status that indicate error. Ratio of such responses to all applications with request to particular integration |
Error in Call |
| Each integration may result in error (unexpected response, timeout, etc.). Ratio of such responses to all applications with request to particular integration |
Score distribution | To detect any shift/error in the external score the distribution to be monitored |
Specific metrics related to Score performance measurable for UW
Name | Abbreviation | Definition |
|---|---|---|
Population Stability Index | PSI | Comparison of incoming population scoring deciles to expected scoring deciles (utilizing the training population deciles) |
Specific metrics related to Policy controls declines
Policy and blacklist hits results in application decline. There are two views on hits:
share of application hit by this control
waterfall perspective that captures overlap of multiple policy controls