AMSTERDAM, May 08, 2012 (BUSINESS WIRE) –
PECDC, the global bank credit data consortium, will optimize the
delivery of credit risk data to members using 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. Its 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, standardized 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 member 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
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).
Today’s announcement came at The
Premier Business Leadership Series event in Amsterdam, a business
conference presented by SAS that brings together more than 700 attendees
from the public and private sectors to share ideas on critical business
issues.
About PECDC
PECDC (previously known as Pan European Credit Data Consortium) is a
cross-border data-pooling initiative to help measure and actively manage
credit risk. PECDC has been created by its Member-banks to provide them
with a collection of historical loss data, analysis and research
resource, due to contribute to a better understanding of credit risk;
PECDC promotes the quality, the standardization and the transparency of
data, thereby improving these banks’ ability to actively manage the
credit risk of their portfolios. Through its Methodology Committee and
the active participation of its Member-banks, PECDC provides an
international forum for exploring the intricacies of credit risk
management and sharing of best practice. The Association works on a
“Give to Get” basis: Rather than “shareholders’ value,” the active
participation of its Member-banks creates “membership value” for each
one’s immediate benefit.
About Capgemini
With more than 120,000 people in 40 countries, Capgemini is one of the
world’s foremost providers of consulting, technology and outsourcing
services. The Group reported 2011 global revenues of EUR 9.7 billion.
Together with its clients, Capgemini creates and delivers business and
technology solutions that fit their needs and drive the results they
want. A deeply multicultural organization, Capgemini has developed its
own way of working, the Collaborative Business Experience(TM), and draws on
Rightshore(R), its worldwide delivery model. Learn more about
us at
www.capgemini.com .
Rightshore(R) is a trademark belonging to
Capgemini
About SAS
SAS is the leader in business
analytics software and services, and the largest independent vendor
in the business intelligence market. Through innovative solutions, SAS
helps customers at more than 55,000 sites improve performance and
deliver value by making better decisions faster. Since 1976 SAS has been
giving customers around the world THE POWER TO KNOW(R).
SAS and all other SAS Institute Inc. product or service names are
registered trademarks or trademarks of SAS Institute Inc. in the USA and
other countries. (R) indicates USA registration. Other brand and product
names are trademarks of their respective companies.
Copyright (C) 2012 SAS Institute Inc. All rights reserved.
SOURCE: SAS
SAS
Shannon Heath, 919-531-2676
Shannon.Heath@sas.com
or
Kris Balic, 919-531-0624
Kris.Balic@sas.com
sas.com/news
or
Capgemini
Madelon Kaspers, +31 (0)30 689 24 53
persvoorlichting.nl@capgemini.com
Copyright Business Wire 2012
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