1.46.1 Create Validation Model

This topic describes the systematic instructions to create Validation model based on the various input.

Specify User ID and Password, and login to Home screen.

1. On Home screen, click Core Maintenance. Under Core Maintenance, click Credit Decision.
2. Under Credit Decision, click Maintenance. Under Maintenance, click Validation Model.
3. Under Validation Model, click Create Validation Model.
   The Create Validation Model screen displays.

   Figure 1-167 Create Validation Model

   
   

   
   Description of "Figure 1-167 Create Validation Model"

   
   
4. On Create Validation Model screen, specify the fields.

   Note:

   The fields, which are marked with an asterisk, are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-119 Create Validation Model - Field Description

   Field	Description
   Validation Model Code	Specify the unique Validation model code.
   Validation Model Description	Specify a short description for the Validation model.
   Effective Date	Specify the effective date.
   Expiry Date	Specify the expiry date.
   Product Processor	Specify the product processor for which the Validation model is being created.
   Priority	Specify the priority of the pricing.

5. Click the Selection Criteria to define selection criteria rules for Validation model.

   Table 1-120 Create Validation Scoring Model - Selection Criteria - Field Description

   Field	Description
   Use Existing Rule	By default, this option is enabled. Indicates if the existing rule is linked.
   Rule Code	Select the rule code from the drop down list.
   	Click this icon to get the information about the rule.
   Rule Name	Displays the rule name of the rule code.
   Create New Rule	Select this option to create new rule.
   Code	Specify the rule code.
   Description	Specify the rule description.
   + icon	Click this icon to add new expression.
   Fact / Rules	Select the fact or rule from the drop-down list. Once the user selects the fact/rules, one more field opens adjacent to the output, update the same based on the selected output option.
   Operator	Select the comparison operator from the drop-down list. The available options are: < > + = % != - >= <= * / Contains In Like Matches NotMatches NotContains Notin
   Data Type	Select the data type for the fact or rule. Once the user select the data type, one more field opens adjacent to the output, update the same based on the selected output option. The available options are: Text Number Boolean Date Fact Rules The below option displays if the Data Type is selected as Boolean. True False
   Output	Select the output from the drop-down list. Once the user select the data type, one more field opens adjacent to the output, update the same based on the selected output option. The available options are: Text Number Boolean Date Fact Rules The below option appears if the Data Type is selected as Boolean. True False
   Expression	Displays the expression updated in the expression builder.

6. Click the Validation Model to define the pricing.
   The Create Validation Model – Validation Model screen displays.

   Figure 1-168 Create Validation Model – Validation Model

   
   

   
   Description of "Figure 1-168 Create Validation Model – Validation Model"

   
   

   For more information on fields, refer to the field description table.

   Table 1-121 Create Validation Model – Validation Model - Field Description

   Field	Description
   + icon	Click this icon to add a new row.
   - icon	Click this icon to delete a row, which is already added.
   Rule ID	Select the rule ID from the drop down list. All rules configured in the rule engine for the selected product processor are obtained.
   	Click this icon to get the information about the rule.
   Sequence	Specify the sequence of execution of rules.
   Reason	Select the reason from the drop down list.
   Comments	Specify the comments.

7. Click Save to save the details.
   The Validation model is successfully created and can be viewed using the View Validation Model screen.