SAS, Capgemini providing analytics for data and credit risk management
PECDC, the global bank credit data consortium, will optimise the delivery of credit risk data to members using high-performing business analytics from SAS, the leader in business analytics software and services, and Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services. Netherlands-based PECDC is a cross-border initiative of 33 member banks operating in Europe, North America, Africa, Asia and Australia.
PECDC sought best in class financial software, expertise, hosting and help-desk services to help increase member bank value. The joint project implements SAS’ flexible, cost-effective software, with Capgemini leading the implementation of the solution as PECDC's data agent. PECDC member banks feed default data biannually to Capgemini, creating the world’s largest existing loss-and-recovery data set for commercial loans. Their database contains almost 40,000 facility default records from 26,000 debtors across 120 different countries since 1990.
“Through Data Agent Services, SAS and Capgemini offer a fully automated, real-time data collection and analysis infrastructure for maximum risk insights,” said Philip Winckle, PECDC Chairman. “Partnering with SAS and Capgemini gives PECDC the software and services it needs to serve existing member banks while attracting new ones.”
Created “by banks, for banks,” PECDC provides its members with high-quality, standardised and transparent historical data to better manage credit risk portfolios. Integrating SAS Analytics and SAS Data Management, SAS Enterprise BI Server helps PECDC simplify and accelerate business intelligence deployment via role-based, self-service interfaces for all levels of users across all 28 banks. SAS Enterprise Data Integration Server lets PECDC access all data sources and create real-time data integration in support of service-oriented architectures.
“SAS and Capgemini cover everything PECDC needs for success. Powerful, high-performance business analytics from SAS offer a superior user environment,” said Mikael Hagstrom, Executive Vice President for SAS Europe, Middle East, Africa and Asia Pacific. “With Capgemini, we can easily transition PECDC from traditional on-site deployment to on-demand and private cloud hosting.”
Capgemini worked with SAS and PECDC to implement the SAS software-based platform. PECDC members will upload their new data with Capgemini assistance, and Capgemini will also provide infrastructure and application management services. Additionally, Capgemini will support member banks performing automated data quality validation to identify critical conditions set by PECDC.
“The analytics support that we provide leveraging SAS technology will deliver to PECDC and its members greater insight into their client portfolios. Capgemini and SAS together will help PECDC grow its member base and provide high-quality analytical services and solutions,” said Marc Zimmerman, Capgemini Senior Vice President and Global Head of Financial Services Business Information Management (BIM).