TenPoint7 MATLAB Statistics and Machine Learning in Credit Risk Modeling

This is my first blog here; my name is Fen. I was with MathWorks for almost 15 years. MathWorks is the creator of MATLAB andI built some of the modules in MATLAB. In the past 5 years, I led a team of consulting engineer to build data analytics solution for customers in APAC. In recent years, commercial banks and asset management companies in China started to build more quantitative models to measure credit risk. With our help, some of them chose to use MATLAB statistics and machine learning modules to build credit risk models; I would like to share a common approach I used on credit risk projects.