Being on the outside of the herd, you breathe fresh air….

Herd behaviour, being determined by outside influence, has been well documented with examples of stock market bubbles and crashes, street demonstrations, episodes of mob violence and even everyday judgment and opinion forming. When house prices shot-up because lots of people started "trading up the market", an almost irresistable urge to join-in or miss-out was felt. However, [...]

Money Stress Test….

Financial Institutions’  ‘Stress Test’ is unlike a test of stress for the majority of us. Credit Scoring, central to the lending process, can be a test of stress for us all. It can be stressful for Financial Institutions finding, altering and adapting credit scoring models and deciding whether to use people or computers. It can [...]