SAS said that by providing an integrated credit scoring system that spans data creation and management, scorecard development and other predictive modeling, and enterprise wide reporting, Shariah-compliant Bank Muamalat will be able to gain better governance and transparency.
Bank Muamalat CEO Dato’ Hj Mohd Redza Shah Abdul Wahid said the strategy of partnering with SAS, and using SAS Credit Scoring for Banking, will enable a higher level of control of the bank’s lending activities, through a comprehensive, enterprise wide dashboard view.
SAS Malaysia managing director Andrew Tan said that SAS Credit Scoring for Banking enables lenders to rapidly develop, validate, deploy and monitor credit scorecards faster, cheaper and more flexibly in a low-risk integrated environment.
The implementation of the SAS Credit Scoring for Banking is expected to be complete within the year.
