A diagram showing the stages in the credit life cycle: Underwriting, Account Management, Collections, Marketing/Acquisition, with profitability at the center, and arrows indicating the cyclical flow among these stages, emphasizing the importance of statistical modeling.

Custom Modeling Services

If your company needs Custom Modeling Services, OGMA can provide a multitude of options for model development using proven AI/ML methodologies. We take a step-by-step methodical approach to statistical model development that has proven to be a valuable process to ensure success for any part of the consumer lifecycle. Working directly with your team to understand the business issues at hand, existing policies, and your strategic objectives allows OGMA to provide you with the exact product you need while keeping your team engaged and up-to-date on the model development process. This level of engagement also reduces time and cost by minimizing training on the back end of the project, allowing for immediate implementation by your existing team. Our custom modeling services take a 4-Phase approach:

  • Phase I– Discovery & Design

  • Phase II – Data Gathering

  • Phase III – Analysis & Development

  • Phase IV – Implementation & Consulting

Diagram of custom scorecard development steps, divided into four phases. Phase I: Discovery & Design with steps: Initial Project Kick-off Meeting, Agree on Final Project Plan, Systems Assessment. Phase II: Data Gathering with steps: Data Collection, Data Verification. Phase III: Analysis & Development with steps: Segmentation and Data Analysis, Segmentation & Data Analysis Review, Modeling, Model Review, Final Modeling & Specs. Phase IV: Implementation & Consulting with steps: Project Documentation, Implementation Strategy (optional), Analysis & Consultation (optional).

Learn about our Additional Services here