SOURCE: SAS Institute

SAS Institute

January 20, 2015 08:00 ET

With SAS®, Brazil's Largest Credit Union Bolsters Security and Growth of Loan Portfolio

Sicredi Will Make Faster Credit Scoring Decisions and Decrease Potential Credit Risk Losses With Analytics

CARY, NC--(Marketwired - January 20, 2015) - Looking to bolster portfolio performance through better credit risk management, Sicredi, Brazil's largest credit union and a SAS customer since 2010, turned once again to SAS for expanded quantitative analysis. With SAS Real-Time Decision Manager and SAS Visual Analytics, Sicredi expects to make faster credit decisions and decrease potential credit risk losses.

"These technologies streamline the review and approval process for credit decisions," said John Sato, Superintendent of Credit and Risk at Sicredi. "Today, we have a comprehensive view of the entire loan portfolio and a higher degree of detail on the data so we can do more business with controlled risk."

Sicredi's project team chose SAS Real-Time Decision Manager because of the solution's flexibility and ease of use as well as the impressive capabilities of SAS Visual Analytics.

"We appreciate technology like SAS that helps us better understand member profiles, improve business processes and reduce costs," said Sato.

In the coming months, Sicredi will use SAS Real-Time Decision Manager to increase real-time credit decisioning and customer growth.

"With SAS, our portfolio of financial solutions can grow in a safe and comprehensive way," said Sato.

Read about SAS solutions for the financial services industry.

About Sicredi

Sicredi is a cooperative financial institution with more than 2.8 million members and 1,310 service outlets in 11 states* of the country. More information at sicredi.com.br.

* Rio Grande do Sul, Santa Catarina, Paraná, São Paulo, Rio de Janeiro, Mato Grosso do Sul, Mato Grosso, Tocantins, Pará, Rondônia and Goiás.

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 75,000 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®.

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. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2015 SAS Institute Inc. All rights reserved.

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