Friday, 18 October 2019

It Really Gives a Kick to Build Models

‘It really gives a kick to build models that are used around the world in the food & agri sector’

Jasper Hommels, head of Rural Modelling

Jasper Hommels (47) is the head of the Rural Modeling project: the development of new credit risk models for Rabobank’s global agricultural loans. He leads an international team of data analysts and modelers.

“Our bank has been active in the food and agricultural sector since the beginning. For more than a century, we’ve supported large and small entrepreneurs in the agricultural and horticultural sectors in the Netherlands and around the world. In order to provide loans to farmers in countries like Brazil, Australia and America, we have to be able to accurately estimate whether the entrepreneurs are credit-worthy. To do that, we need different credit risk models than the ones we use in the Netherlands. My team develops those new models. That gives me a kick, because it’s the bank’s core business. Our new models will eventually be used to estimate some very important risks. How cool is that?!?”

Collecting data around the world

“We collect huge amounts of data from our customers all over the world to use in the new models. We can use their ...


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