Customers: Shop of Small Crediting (Bistrodengi) Ulyanovsk; Financial services, investments and audit Contractors: Glowbyte Consulting (Gloubayt Consulting) Product: SAS Real-Time Decision Manager (RTDM)Project date: 2014/09 - 2015/12
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The implementation project in IFI Bistrodengi began in March, 2014.
According to the results of tender within which parameters of functionality, the prices, qualities and an implementation time were compared, the solution of SAS and GlowByte Consulting company as the contractor of the project are selected.
2016: Final project phase
On February 15, 2016 the SAS company announced project completion on creation and start of a system of automatic adoption of credit solutions on the SAS Real-Time Decision Manager platform in Bistrodengi microfinance institution (IFI). Within the project the information and analytical storage using integration solutions of SAS is created.
The market of microfinance took place the period of rapid growth, and there was a need to change approach to work, is thinner and to effectively attract clients and to interact with them. At some point we understood that for further development we need the new principles of work and, respectively, new technologies. Without the corresponding IT infrastructure active and, the main, effective development in retail market is impossible. Against the background of an economic crisis we were also interested in preserving and quality improvement of the loan portfolio. Therefore focused on the centralized IT solution which would allow to implement our strategy for conversion of retail network to financial supermarket. We attentively studied experience as the world leaders presented at the Russian market and much less known, but very interesting proposals of the Russian suppliers. Kirill of Kibalko, director of the department of information technologies of Bistrodengi group
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In the analytical platform it was required to consider the module of setup of credit strategy, as much as possible to automate processes of gaining access to information, to provide required information and analytical support of business divisions and implementation of start of products in retail network as soon as possible.
Creation of the pipeline
With implementation of technologies of analytics time of processing of the credit request was reduced to one minute, possible scenarios of credit fraud are revealed and timely stopped, reporting speed grew.
During the project the credit pipeline on the SAS RTDM platform automating process of adoption of the credit solution on requests for microloans using analytical scoring cards is created.
Short-term loans are an operational solution of financial difficulties therefore time of consideration of the request plays a key role. With implementation of tools of SAS decision-making began to take less than a minute. At the same time fraud risks and a loan non-return are considered. As a result not only customer service quality, but also quality of the loan portfolio grows. |
Project Results
Implementation of the data warehouse of SAS and the system of the analytical reporting allowed IFI to receive Bistrodengi "the uniform version of the truth" about the client, having consolidated information from different operating systems of the company. On its basis employees can build the optimal strategy of customer interaction.
The complexity of implementation of the project consisted in simultaneous integration of several information systems which were implemented within a new technology platform into the companies. It was important to provide synchronism of these works and effective interaction with all project participants. A system was once started on all retail network at once, and these are more than 500 offices through the whole country. Vladimir Skudin, chief executive of GlowByte Consulting
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Successful cooperation with the Bistrodengi group shows that the advanced analytics can act as base for high-quality changes of business, can be useful and quickly paid back irrespective of scale and activity of the organization. The main thing here - accurate vision of a business challenge and desire of analysts to master and use new tools. It provided to the project high effectiveness, and, is sure, already in the nearest future will affect the most positive image at the level of satisfaction of borrowers. |