Valentino Pediroda in his presentation “Artificial Intelligence in Credit Rating Modelling”, Valentino will talk about the development of a global Credit Risk Analysis and its challenges. He will also present the integration between Artificial Intelligence and Big Data Analysis.
While businesses have faced difficulties over the years for a multitude of reasons, one major cause of their continuous financial problems remains directly related to poor credit risk management. Traditionally, businesses used to manage credit risk using a combination of standard due diligence measures, research and common sense. Nevertheless, this superficial level of credit risk management has proved somewhat problematic over recent years, with the higher levels of risk that businesses are now facing. With increasing regulatory pressure and ongoing economic turbulence, business leaders are being forced to rethink their credit risk management capabilities and infrastructure in a bid to equip themselves with the means to make “smarter” credit risk decisions. In fact, the first step towards ensuring the survival, growth and success of a company lies in an increased awareness of credit risks, in order to be better prepared to detect, analyze and mitigate them.
Nike