The Soyuz bank increased effective management of credit risks based on solutions of SAS

On June 15, 2018 the GlowByte company reported that it completed the joint project with Bank of SOYUZ on implementation of the module of management of the strategy of decision making from SAS company in the credit pipeline on issue of retail car loans.

According to the company, selecting a technology platform, the bank delivered business objectives, basic of which is a fall forward of implementation of changes in strategy, uses of additional information sources for assessment of potential borrowers, improvement of customer service at the expense of an opportunity to make at once several offers on the credit.

According to the results of the detailed analysis of criteria, the bank gave preference to the analytical SAS platform as optimal tool kit for the solution of assigned tasks. The project was implemented together with GlowByte company.

Results of the project will affect the level of efficiency of bank. Earlier, by consideration of the request for the credit, the loan term could be increased, and the amount was strictly limited to a ratio a payment/income/loan term. The option on providing a set of alternative options of a combination to the client an amount/term/rate / initial contribution in bank was not.

Complex of products SAS RTDM and SAS CS which implement logic of decision-making on a loan and credit scoring transfer this business process to the following level: now the potential borrower receives several credit proposals at once and he has an opportunity to select the most optimal variant. For September, 2018 calculation of several hundred possible candidate solutions from which the final matrix of offers forms is made by a system in the terms which are not exceeding minute. Within a matrix of solutions for each offer the risk level and the crediting rate corresponding to it is calculated. To clients whose credit quality does not allow to make the proposal on the requested conditions a set of offers, admissible on risk level, with the changed conditions forms. Use of a set of offers optimized under the client allowed to improve risk profile of issues significantly. For June, 2018 decrease in level of approval on the conditions requested by the client is compensated more than the 60th growth of issues of % on the modified conditions. The optimized strategy allowed to lower a share of solutions "on hands".

For June, 2018 the project is complete and implemented in operation in all branch of bank of SOYUZ across Russia (Moscow, St. Petersburg, Yekaterinburg, Irkutsk, Krasnodar, Krasnoyarsk, Nizhny Novgorod, Samara).

The bank is going to implement until the end of November, 2018 the same operation algorithm in a segment of consumer crediting, and in the subsequent in a mortgage. It will be simpler to make it as the implemented project on car loans put base for development of a system on other credit products. Boris Zemskov, the Director of risks - the Board member of SOYUZ Bank

As it was reported, at a stage of carrying out trial operation of a system, UNION and GlowByte Bank began active work on its development. Within the joint project on transfer to the SAS platform of strategy of consumer crediting integration with additional external services for more information is provided, to the solvency of the client allowing to estimate more precisely.