SAS has announced that Banca delle Marche, an Italy-based bank, is internally creating, managing and deploying credit risk scorecards across the group by using its SAS Credit Scoring for Banking (SAS CSB), benefiting both the IT and risk management departments.
The company claimed that that SAS CSB helps in streamlining the process of developing and implementing credit scoring models and ratings. It offers an integrated in-house solution covering scorecard development, monitoring, deployment and back testing, including the laboratory platform expansion.
It added that with SAS CSB, Banca delle Marche has structured the entire development of internal credit risk rating for its corporate, retail and construction sector counterparts. The solution can concurrently develop and test ‘challenger’ credit risk scorecards while running ‘champion’ scorecards in production. The solution also includes the ability to develop, deploy and manage models to estimate loss given default (LGD) and exposure at default (EAD).
Aurelio Giacomelli, Operation Manager of Banca delle Marche, said: “Now, the bank’s technical and organizational structures can share objectives for credit scoring. In addition, the solution’s components are fully integrated with the mainframe, which helps management to better distribute project assignments among multiple parties.”
Massimo Bianconi, General Director of Banca delle Marche, said: “The SAS solution is key to meeting and advancing the increasingly complex credit risk assessment needs of the Banca Marche group.”
