From January 2007 the Basel II Accord is not only a requirement, but also an evolutionary program of risk improvement for more than 30,000 banks and financial institutions worldwide. Because of Basel II and a great demand for standardisation during the credit process, the development of statistical models has been a major focus area at Nykredit.

In 2001 Nykredit launched the development of BayesCredit to predict default events for large corporates. BayesCredit is a Bayesian network that can predict the risk that a corporate will default within the next year.

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