Deutsche Bank to use Isaac Technology credit risk system
Deutsche Bank has signed up to use US-based Fair Isaac Blaze Decision System software to build an enterprise-wide credit decisioning and risk monitoring solution, the company announced this week.
Deutsche was able to implement capital reserve equations to determine capital reserve requirements, while using the pilot technology. "Utilizing Blaze Decision System in the pilot program, Deutsche Bank was able to achieve lower operating costs and reduced losses," said the company.
The bank plans to implement the solution throughout its European branches and credit service centres.
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